The unfavourable working conditions at sea have forced Vietnamese naval guards to come up with brave and inventive ways to fight maritime smuggling.
The Việt Nam Petroleum Association (VINPA) has sent a document to the Ministry of Finance (MoF) in support of the ministry’s proposal to increase the environmental protection tax on oil and gas consumption.
Việt Nam will replace RON 92 petrol with E5 bio-fuel from the beginning of next year.
The domestic retail price of petroleum increased by VNĐ303 to reach VNĐ17,366 (77 US cents) per litre as of 3pm on Monday, the Ministry of Industry and Trade (MoIT) said.
The corporate value of Bình Sơn Refining and Petrochemical Company Limited (BSR) was assessed at VNĐ72 trillion (US$3.2 billion), according to a decision signed by Minister of Industry of Trade Trần Tuấn Anh on Wednesday.
Prices of oil and petrol products continued to decrease from 3pm on Saturday, following the latest price adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
The domestic retail price of petroleum decreased by VNĐ309 to VNĐ17,274 (77 US cents) per litre as of 3pm on Friday, the Ministry of Industry and Trade (MoIT) said.
The ministries of industry and trade and finance decided to raise retail petrol prices as of 3pm on Thursday.
The retail price of petrol fell VNĐ708 to reach VNĐ17,314 (US77 cents) per litre at 3pm on Tuesday.
The ministries of industry and trade and finance on Saturday raised retail petrol prices for the first time in 2017.