Measures to stabilize transportation and fuel supply proposed
The Ministry of Construction recommended focusing on diversifying crude oil sources for domestic refineries to maintain stable operations and guarantee the fuel supply for the market.
PM orders uninterrupted fuel supply and mulls budget support for price stability
Prime Minister Pham Minh Chinh stressed that the core pillars of policy-making must be the protection of production, business activities, and the livelihoods of the people to ensure stability and minimize negative impacts from global volatility.
Petrovietnam proposes halting crude oil exports
The Government's Resolution 36 grants Petrovietnam and its subsidiaries greater autonomy in the trading and importation of crude oil and raw materials for fuel production to mitigate the risk of supply chain disruptions from the Middle East.