Friday , March 24 2023

Tag Archives: energy

People find ways to adapt amid petrol price hike

Petrol prices in Việt Nam have reached an all-time record high, forcing people to find their own ways to adapt. While some ride-hailing drivers choose to work harder to make up for the loss due to the price spike, many office workers are switching to other means of transport to …

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Petroleum demand forecast 5.2 million m3 in Q2

An oil rig in the Bạch Hổ field, under the management of Vietsopetro Group. — VNA/- VnExpress News Photo HÀ NỘI — Demand for gasoline in the second quarter is forecast at about 5.2 million cubic metres (m3). The Ministry of Industry and Trade has informed the situation of the petroleum market …

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Petroleum supply faces tough challenges

Bình Sơn Refining and Petrochemical JSC. — Photo courtesy of the firm HÀ NỘI — The Ministry of Industry and Trade (MoIT) has instructed agencies to ensure the supply of petrol amid tight supply. MoIT Deputy Minister Đỗ Thắng Hải pointed to significant changes in petrol supplies pushing petrol prices up, including the …

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Environmental tax policy may be adjusted

A litre of gasoline is carrying VNĐ4,000 of environmental protection tax — Photo HÀ NỘI — The Tax Policy Department and the General Department of Taxation has been assigned to prepare, research, and develop a plan to adjust tax policies for environmental protection for petroleum products and promptly report to …

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PM orders balance of petrol demand, supply for domestic market

PV Drilling I, a floating offshore drilling rig of PetroVietnam Drilling & Well Services Corporation. — Photo HÀ NỘI — Prime Minister Phạm Minh Chính has issued a dispatch requesting the joint efforts of ministries, sectors and localities to ensure a balance between supply and demand of petroleum products. This request is also necessary to …

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