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Vietnamese officials, moving to address gasoline shortages that have caused some petrol stations to close, will adjust fuel price calculations to ease losses for retailers and asked banks to assist the capital needs of fuel companies.
On October 13, the Government Inspectorate of Vietnam established a delegation to inspect 15 key petroleum and gasoline trading facilities and two oil refineries
Vietnam imported petroleum products worth US$5 billion the first half of the year, surging by 128% year on year.
The Hanoi Department of Industry and Trade has launched a voting programme to select consumers’ most-favoured Vietnamese products in 2022.
The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that its members sold 25,159 vehicles in June, down 42% from May ending three consecutive months of gains.