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Domestic airfares jump by 20% as fuel prices surge
Average domestic airfares have increased by 15–20% as the Middle East tensions have disrupted fuel supply chains, forcing airlines to stop offering low-cost options.
Economy
Import duty cuts to 0% for certain fuel products extended until June 30
Under Resolution No. 25/2026/NQ-CP, the application period of Decree No. 72/2026/ND-CP, which lowers preferential import duty rates on selected fuel products and raw materials to 0%, is extended until the end of June 30 this year.
PM orders no shortages of electricity, fuel under any circumstances
Prime Minister Le Minh Hung commended the sector’s efforts in overcoming difficulties and achieving important results, particularly in proposing breakthrough policies on fuel supply amid challenging conditions.
Fuel taxes cut to 0% from April 16
Malaysia tightens controls on border-town fuel stations
NA adopts tax resolution on petrol, oil, aviation fuel
Lawmakers to examine social-economic issues, fuel taxes on April 10
Aviation sector ensures fuel supply for April 30–May 1 peak
Apr 10, 2026 16:01
Aviation fuel suppliers are actively negotiating and diversifying supply sources both domestically and internationally, while strengthening coordination, storage and distribution capacity to meet immediate demand. These efforts aim to support airlines in optimising operations and maintaining stable flight schedules.
NA Standing Committee discusses draft resolution on fuel tax cuts
Apr 09, 2026 18:56
Under the proposal, the environmental protection tax on petrol (excluding ethanol), diesel, aviation fuel, kerosene and mazut will be reduced to zero Vietnamese dong per litre. These products will also be exempt from VAT declaration and payment while still allowing input VAT credit.
Malaysia steps up crackdown on fuel smuggling at sea
Apr 09, 2026 11:53
MMEA Director-General Maritime Admiral Mohd Rosli Abdullah said the agency is ready to lead maritime efforts to curb leakage and the smuggling of subsidised diesel.
Malaysia steps up crackdown on fuel smuggling at sea
Apr 09, 2026 11:53
MMEA Director-General Maritime Admiral Mohd Rosli Abdullah said the agency is ready to lead maritime efforts to curb leakage and the smuggling of subsidised diesel.
Singapore delays aviation green fuel surcharge amid Middle East conflict impact
Mar 27, 2026 10:03
Passengers flying out of Singapore from January 1, 2027, will pay a levy of between 1 and 41.6 SGD that will go towards the purchase of sustainable aviation fuel, which is mostly made from waste materials such as used cooking oil.
Vietnam diversifies supply sources to meet domestic fuel demand
Mar 25, 2026 00:19
Since the Middle East conflict disrupted crude and refined fuel supply chains, Petrovietnam has swiftly activated a range of response measures while moving decisively to implement the Government’s Resolution 36/NQ-CP dated March 6, 2026 to secure energy supply for the market.
Middle East tension upheaval jolts shipping fuel suppliers in Singapore
Mar 18, 2026 08:54
Bunker distributors typically buy large volumes of fuel oil and marine gasoil that they then resell to vessels calling at Singapore for refuelling. However, several people directly involved in the trade said they had been holding off bigger orders since last week, citing extreme price fluctuations.
Fuel prices slashed as stabilisation fund used
Mar 12, 2026 10:57
According to a joint decision by the Ministry of Industry and Trade and the Ministry of Finance, the price of RON95-III petrol – the most widely used grade – fell by 3,880 VND to 25,240 VND (0.95 USD) per litre.
Fuel import tariff proposed to be cut to 0% to stabilise supply
Mar 09, 2026 10:30
The draft proposes cutting the MFN tariff on unleaded motor gasoline and gasoline blending components such as naphtha and reformate from 10% to 0%. The tariff on diesel fuel, fuel oil, jet fuel and kerosene is also proposed to fall from 7% to 0%.
PM requests flexible, prompt, effective response to all situations
Mar 07, 2026 22:22
Prime Minister Pham Minh Chinh called for measures to ensure stable supplies of fuel, electricity and energy, while also viewing current challenges as an opportunity to accelerate the green energy transition and better harness the country’s potential and competitive advantages.
Singapore promotes production of sustainable aviation fuel
Nov 13, 2025 09:42
Climate technology start-up Aether Fuels and Aster on November 11 signed a cooperation agreement to develop the Project Beacon facility which is expected to produce up to 50 barrels a day – or 2,000 tonnes of fuel annually – when completed in 2028.
Singapore promotes production of sustainable aviation fuel
Nov 13, 2025 09:42
Climate technology start-up Aether Fuels and Aster on November 11 signed a cooperation agreement to develop the Project Beacon facility which is expected to produce up to 50 barrels a day – or 2,000 tonnes of fuel annually – when completed in 2028.
Timely commendation of achievements helps fuel patriotism: PM
Aug 09, 2025 08:54
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
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