Vietnam can control domestic petrol prices by adjusting taxes, fees: experts

Vietnam can control domestic petrol prices by adjusting taxes, fees: experts

Rising global oil prices have been putting pressure on gasoline prices in the domestic market. According to the report of the General Statistics Office of Vietnam under the Ministry of Planning and Investment, an increase of 12.08 percent in the five-month domestic gasoline prices and 15.32 percent year-on-year in gas prices are one of the main reasons for the rise in the consumer price index (CPI) in the first five months of this year.
An investor watches stock movements at Bao Viet Securities Company (Photo: VNA)

VN Index up for a third day on oil prices

Vietnamese shares closed on December 26 on a positive note as large-cap stocks were boosted by expectations for better quarterly earnings and rising oil prices.