Oil price surge triggered by Israel-Palestine conflict could hurt Vietnam: expert

Oil price surge triggered by Israel-Palestine conflict could hurt Vietnam: expert

The ongoing Israel-Palestine conflict sent the Brent price of oil rising to $93.3 per barrel Friday. RMIT economist Dr. Bui Duy Tung says this can pose serious challenges for Vietnam.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrolimex records $6 mln loss in Q2 despite surging oil price

Petrolimex records $6 mln loss in Q2 despite surging oil price

Petrolimex, Vietnam's biggest gasoline retailer by market share, reported a loss of of VND141 billion ($6 million) in the second quarter of the year despite soaring prices of crude oil.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Gasoline price drops after six consecutive hikes

Gasoline price drops after six consecutive hikes

The gasoline price in Vietnam reduced by more than VND600 (2.6 U.S. cents) a liter from 3 p.m. Monday, after six rises in a row in the year to date.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7