Vietnam 

Petrol prices drop in latest review – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A PetroVietnam Oil Corporation gas station. The retail price of bio-fuel E5 RON 92 has been reduced by VNĐ269 per litre to a maximum level of VNĐ20,219 (US$0.87) per litre. — Photo vietnamfinance.vn HÀ NỘI — The retail prices of oil and petrol were adjusted down from 3pm last Saturday following a decision by the ministries of Finance, and Industry and Trade. The two ministries review fuel prices every 15 days to adjust domestic prices in accordance with swings in the global market. Accordingly, the retail price of bio-fuel E5…

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Singapore 

Driver of Singapore-registered BMW caught changing number plates at Malaysia petrol station, Singapore News

The driver of a Singapore-registered vehicle was caught changing his number plates at a petrol station in Malaysia, which led to an uproar online when the video went viral, reported Sin Chew Daily. The man was filmed switching the number plates on his gold BMW sedan while filling up petrol. Citing Singapore’s Shin Min Daily, the man kept glancing over his shoulders and acting suspiciously. Netizens have accused him of trying to evade the law by framing the owner of another vehicle. 20may2018 spotted by members the bmw driver using…

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Vietnam 

Petrol prices drop for the first time since March – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Petrol prices fell on Friday, the first decline following three increases totalling VNĐ3,500 per litre. — Photo vtc.vn HÀ NỘI — Petrol retail prices were reduced at 3pm on Friday, the ministries of industry and trade and finance jointly announced. The prices of RON 95-III fell by VNĐ592 per litre to VNĐ21,599 (US$0.92) and E5 RON 92 by VNĐ200 to VNĐ20,488. Diesel is VNĐ81 cheaper at VNĐ17,614 and kerosene, VNĐ203 lower at VNĐ16,422. The ministries also decided to reduce the use of subsidies from the petrol price stabilisation fund as…

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Singapore 

Dispenser meter continues running after customer stops pumping petrol at Upper Serangoon station: Caltex investigating, Singapore News

A Caltex fuel dispenser has been put under maintenance after a customer reported the meter continued running even after he had stopped pumping petrol into his motorbike’s fuel tank, Chevron Singapore said in a statement to Stomp. They are investigating the matter. Several Stomp contributors alerted Stomp to a video taken by the customer at a Caltex petrol station at Upper Serangoon on Wednesday (Apr 24). In the video, the customer records the meter running even when he had stopped filling his vehicle’s tank with petrol. He warns others to “be…

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Vietnam 

Petrol prices continue to rise – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    A petrol station in Hà Nội. In April, the petrol retail prices were increased by VNĐ3,000 per litre after two continuous hikes. Photo anninhthudo.vn HÀ NỘI — The retail prices of petrol and oil continued to increase significantly in the latest review of the ministries of Industry and Trade and Finance at 3pm on Wednesday. The retail price of bio-fuel E5 RON 92 has been raised by VNĐ1,115 to VNĐ19,703 (US$0.85) per litre, and that of RON95 no more than VNĐ21,235 ($0.91), up VNĐ1,484. The prices of diesel…

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Vietnam 

Petrol prices hiked in latest review – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The retail prices of oil and petrol rose sharply on Tuesday following adjustments made by the ministries of finance and industry and trade. The two ministries review fuel prices every 15 days to keep domestic prices up to date with the global market. The retail price of bio-fuel E5 RON 92 has been raised to a maximum of VNĐ18,588 (US$0.8) per litre, up VNĐ1,377, and that of RON 95 no more than VNĐ20,033 ($0.86), up VNĐ1,484. The ceiling prices of diesel…

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Vietnam 

RON95 petrol supply sufficient: Ministry – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A petrol station on Trần Khát Chân Street in Hà Nội. — Photo congthuong.vn Viet Nam News HÀ NỘI — Supplies of RON95, one of the two main types of petrol used in Việt Nam, were still sufficient, according to the Ministry of Industry and Trade following complaints raised by some distributors about shortages. Distributors said there had been a shortage for nearly two weeks and some petrol stations were forced to hang signs saying they were out of RON95, leaving customers to fill up with bio-fuel E5…

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Vietnam 

Petrol and oil firms need more professional IR to attract investors – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Oil tanks of PetroVietnam Oil Corporation. IR activities are important to listed oil and gas companies as they are promoting privatisation and capital divestment. – Photo pvoil.com.vn Viet Nam News Nguyễn Thị Ngọc Bích, deputy director of PetroVietnam Power Corporation, believes IR activities significantly affected securities prices. Bích pointed out that if IR activities were efficient, firms would not catch the attention of investors and analysts, cause doubts about corporate value or cause low liquidity and underpriced securities value. Nguyễn Thành Vinh from investment fund Dragon Capital…

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Vietnam 

Petrol prices up nearly VNĐ1,000 per litre – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The prices of oil and petrol climbed nearly VNĐ1,000 (US$0.043) per litre on Saturday. — Photo vietnamplus.vn Viet Nam News HÀ NỘI — The prices of oil and petrol have climbed nearly VNĐ1,000 (US$0.043) per litre folowing the latest adjustment by Ministry of Finance and the Ministry of Industry and Trade on Saturday.  The ministries review fuel prices every 15 days to adjust prices in accordance with fluctuations on the world market.  Accordingly, the price of bio-fuel E5 RON 92 has increased by VNĐ939 per litre from…

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Vietnam 

Petrol price stabilisation fund balance at US$73.8 million – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The petrol selling prices were kept unchanged on Friday. — Photo hiephoixangdau.org Viet Nam News HÀ NỘI — The balance of the petrol price stabilisation fund at Việt Nam National Petroleum Group (Petrolimex) was VNĐ1.72 trillion (US$73.8 million) as of Friday, the group said. The balance was reduced by VNĐ220 billion from the previous adjustment of petrol selling prices two weeks ago. The prices of oil and petrol have been kept unchanged after the latest regular adjustment by the Ministry of Finance and the Ministry of Industry…

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