Local fuel traders on April 5 adjusted up the retail price of A92 gasoline by VND520 to VND14,940 a liter and biofuel E5 by VND550 to VND14,440 a liter. SEE MORE The lack of incentives, costs, and people’s lack of awareness of environmental protection are thought to be the reasons for the failure of the national bio-fuel project. SEE MORE Fuel, power and material prices have been on upward trend this month because of goods management policies, according to the Domestic Market Management Agency. SEE MORE Vietnam’s first-quarter gross domestic product (GDP) growth is lower than in the same period last year as severe drought, salinity intrusion and the lower-than-expected performance of major sectors bite. SEE MORE More than 20,000 businesses ceased operations in the first three months of this year, a 24 percent year-on-year increase, according to official figures. SEE MORE