Special consumption tax on gasoline still in place
HCMC – The Ministry of Finance refused to lift the special consumption tax on gasoline at the second extraordinary meeting as the country fights climate change and commits to net zero emissions by 2050. The special consumption or excise tax is a government levy on specific goods and services whose
Nearly US$7.4 billion spent on fuel imports from Jan-Oct
HCMC – Vietnam spent some US$7.4 billion importing 7.12 million tons of oil and gasoline products between January and October, up 22.7% in volume and 124% in value year-on-year. In October alone, the country’s fuel imports amounted to 602,000 tons, worth US$556 million, inching down 4.1% in volume
Gasoline prices move sideways, oil prices down slightly
HCMC – Domestic retail prices of gasoline saw little change versus 10 days ago, while the prices of oil products, except for heavy fuel oil, fell slightly starting at 3 p.m. today, according to an announcement jointly issued by the ministries of Industry-Trade and Finance. The current price of
NA deputies say relevant ministries must bear responsibility for fuel dearth
HCMC – The ongoing short supply of gasoline on the local market is an unusual phenomenon, requiring higher responsibility from the relevant ministries and agencies, National Assembly (NA) deputies told local reporters today, November 2. NA deputy Tran Van Lam, a NA Finance and Budget Committee
6 methods to assist drivers save fuel when driving
Wednesday, August 3, 2022 16:27 Though fuel costs have cooled down, drivers ought to nonetheless grasp the methods they'll save