Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Finance Ministry provides favourable conditions for businesses to ensure petrol supplies
The Finance Ministry always offers all possible support to firms, especially distributors and retailers, to ensure stable petrol supplies, thus stimulating production-business and daily activities, said Minister Ho Duc Phoc.
 |
| Illustrative image. |
Phoc said on October 10 that his ministry advised the Government submit a plan to the National Assembly Standing Committee on reducing the environmental protection tax on petrol to 3,000 VND per litre, cutting petrol import tariffs to 10% from 20%, and halving special consumption taxes and VAT in case petrol prices hike.
He also asked the Ministry of Industry and Trade (MoIT), as the State management agency in the oil and gas field, to direct petrol enterprises to ensure stable supplies in any circumstance.
Recently, especially in the south, a number of petrol retailers have temporarily closed for many reasons, greatly affecting businesses' operations and consumers' activities, Phoc said, asking the MoIT to clarify causes for limited supplies and review the petrol distribution system to seek cost-saving solutions.
The MoIT was also urged to consider reducing provisions and using the petrol price stabilisation fund if necessary./.
Bài liên quan
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
