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Petrol stations launch self-service in HCMC

04:14 | 15/01/2019

HCMC – The city on January 15 saw 11 gas stations operated by Petrolimex Saigon rolling out self-service, which allows motorists and drivers to refill their own vehicles and make card payments, the local media reported.

  • Unreasonable Increase, Reduction in Price to Be Punished

    04:14 | 15/01/2019

    In order to protect consumers’ interests and create a healthy competitive environment, since January 1, 2014, in Vietnam, unreasonable increase or reduction in price for essential goods can be charged administratively.

  • Vietnam’s sole oil refinery closed for full maintenance

    04:14 | 15/01/2019

    Dung Quat Oil Refinery, the only such facility in Vietnam, was temporarily shut down on Monday to undergo a two-month full maintenance process, its operator Binh Son Refining and Petrochemical Co Ltd (BSR) announced the same day.

  • Petrol traders can use stabilisation funds

    04:14 | 15/01/2019

    Fuel wholesalers could use up to VND200 for each litre of petroleum and VND180-160 for every litre of diesel and oil respectively from the price stabilisation fund to cover their losses and keep the current retail prices unchanged.

  • Petrolimex’s announced losses turn out to be profits

    04:14 | 15/01/2019

    Petrolimex saw profits of $40.4 million from its petroleum business in 2013, despite consecutively reporting losses in the sector.

  • Wholesalers want higher standard fuel trading cost

    04:14 | 15/01/2019

    Local fuel wholesalers have suggested that the standard fuel trading cost should be raised to VND1,200-1,300 per liter of oil or gas compared to the current level of VND860 a liter approved by relevant agencies to protect enterprises from losses.

  • MoF Requests Petroleum Hubs to Keep Prices Stable

    04:14 | 15/01/2019

    The Ministry of Finance (MoF) has just sent a press release requesting petroleum hubs to keep prices stable, danviet.vn reported.

  • Vietnam Enhance Transparency in Power and Petroleum Price Management

    04:14 | 15/01/2019

    The Vietnamese Minister of Industry and Trade (MoIT) has signed Directive No. 11/CT-BCT on strengthening transparency in controlling business operations of power and petroleum enterprises.

  • Gasoline Prices Continues Rising

    04:14 | 15/01/2019

    Petroleum hubs raised by VND210/litter for gasoline from 12 pm today, vnexpress.net reported, citing information from Vietnam National Petroleum Group (Petrolimex).

  • Vietnam Oct Crude Oil Exports Reach $590Mln: GSO

    04:14 | 15/01/2019

    Vietnam is estimated to ship 650,000 tons of crude oil worth $590 million this month, making a month on month increase of 28.7% in volume and 27.4% in value, the General Statistics Office (GSO) said in its website.