In Vietnam, consumers could benefit if fuel firms are allowed to set retail prices
Economy 10:01 06/08/2026The Vietnamese Ministry of Industry and Trade's proposal to allow fuel businesses to determine and announce their own retail gasoline prices under a new draft decree has drawn public attention.
Vietnam fuel retailers report supply shortages as Petrolimex, wholesalers cite supply difficulties
Economy 13:56 28/07/2026Fuel retailers and distributors across Vietnam are reporting shortages as they struggle to secure supplies, while Petrolimex and major fuel wholesalers said they are also facing difficulties securing fuel amid surging diesel demand, limited imports and difficulties securing domestic supplies.
Japan steps up efforts on cooking oil in race for sustainable aviation fuel
World 12:09 05/06/2026Japanese homemaker Maki Watanabe carefully pours into a plastic bottle the oil she used to cook her deep-fried aubergines, doing her part in her Tokyo kitchen for a national effort to ramp up production of eco-friendly jet fuel.
Vietnam asks auto, motorcycle manufacturers to assess vehicle compatibility with E10 gasoline
Economy 18:11 31/05/2026The Industry Agency under Vietnam’s Ministry of Industry and Trade has asked automobile and motorcycle manufacturers to review and assess the compatibility of vehicles with E10 gasoline ahead of the nationwide roll-out of the biofuel blend from June 1, while also providing guidance and recommendations to consumers on using the fuel.
Ho Chi Minh City ensures energy supply under all scenarios
Ho Chi Minh City 12:04 27/05/2026Amid volatility in global energy markets and prolonged heatwaves, the Ho Chi Minh City People’s Committee has mapped out a comprehensive contingency plan aimed at ensuring stable supplies of electricity, fuel, and gas for both industrial production and daily life under all circumstances.
Australia commits $7 billion to boost fuel stockpiles, create government reserve
World 10:10 06/05/2026Australia will spend A$10 billion ($7.22 billion) to boost its national fuel stockpiles and establish a permanent government-owned fuel reserve, Prime Minister Anthony Albanese said on Wednesday.
Ho Chi Minh City department seeks for road fee cuts to ease pressure on transport firms
Ho Chi Minh City 11:54 13/04/2026The Ho Chi Minh City Department of Construction has proposed reductions and exemptions in road-related fees to support transport companies which are struggling with rising operational costs driven by volatile fuel prices.
Vietnam parliament approves zero taxes on fuel through June
Vietnam News 10:49 12/04/2026Vietnam’s law-making National Assembly (NA) has passed a landmark resolution reducing taxes on gasoline and oil to zero until the end of June in a bid to stabilize domestic fuel prices amid volatile global energy markets.
Vietnam secures fuel supply through April after 3.2 million cubic meters imported in March
Economy 09:19 05/04/2026Vietnam has secured sufficient fuel supplies through the end of April after importing about 3.2 million cubic meters of petroleum products in March, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan said on Saturday.
In Ho Chi Minh City, ride-hailing drivers struggle despite fuel support
Economy 15:02 23/03/2026Rising fuel prices are putting tech-based drivers in Ho Chi Minh City under growing pressure, even when ride-hailing platforms roll out support programs to retain them.
Vietnam’s PV GAS secures US, Australia LPG imports amid supply crunch
Economy 16:17 21/03/2026PetroVietnam Gas (PV Gas) said it has secured liquefied petroleum gas (LPG) imports from the United States and Australia, including a nearly 38,000-tonne cargo from Australia having arrived on Friday, to support domestic supply.
Vietnam’s Khanh Hoa leases sea area in Cam Ranh Bay for fuel depot project
Economy 13:33 21/03/2026Khanh Hoa Province in south-central Vietnam has approved the lease of nearly two hectares of land, mostly sea surface, in Cam Ranh Bay for a fuel storage and aviation fuel depot project, according to a provincial decision.
