#fuel

Prime Minister Le Minh Hung commended the sector’s efforts in overcoming difficulties and achieving important results, particularly in proposing breakthrough policies on fuel supply amid challenging conditions.

The price of E5 bio-petrol has dropped slightly by 394 VND per litre, while that of RON95 fell by 318 VND per litre following an announcement of petrol price adjustments released by the Ministry of Finance and Ministry of Industry and Trade on December 21.

The retail prices of petrol have continued to see a steep fall from 3pm on November 21, following the latest adjustments by the Ministry of Finance and the Ministry of Industry and Trade.

Most of relevant ministries, agencies, localities, organizations and individuals have thrown their weight behind a draft resolution to increase environmental protection tax on fuels prepared by the Ministry of Finance.

Japan’s Tasuno company will extend the agreement on technical cooperation and technology transfer signed with the Vietnam National Petroleum Group (Petrolimex) in August 1999, said Petrolimex.