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Oil price

Vietnam's inflation forecasted to rise as food and oil prices add to upside pressure

Inflation in Vietnam has been on a gradual uptrend, reaching 3.9 per cent this May and expected to be 3.6 per cent in 2018, according to ANZ bank.

Sharp increase in oil prices casts a shadow over Vietjet Air, Vietnam Airlines and Bamboo Airways

The majority of airlines operating expenses are fuel costs, which has increased 41 percent since the beginning of the year and it is predicted to continue increasing in the near future.

A 'headache' of the Vietjet Air’s billionaire

Oil prices have approached $70 a barrel and Vietjet Air will have to adjust its profit plan in case they exceed this threshold.

Petro Vietnam (PVN) confirmed that oil prices to China higher than average ones.

Petro Vietnam (PVN) confirmed that prices for Chinese exports (both direct and via resale) were higher than average prices.

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