📋 Tender Overview
Vietnam Road Administration recommends that competent authorities have policies to support transport businesses such as: reducing or exempting road maintenance fees; Wharf fees, road tolls for units, preferential loan interest rate support... to reduce input costs, contributing to stabilizing transport prices. Download Local Construction Departments are continuing to closely monitor the situation of declaring, posting and implementing ticket prices of transport business units in the province - Photo: Construction Newspaper The Vietnam Roads Department has just reported to the Ministry of Construction the impact of the conflict in the Middle East on the road sector. According to the Roads Department, by March 12, the unit had received a quick report from 29/34 Departments of Construction of provinces and cities on fluctuations in fares and transport costs. roads in Vietnam due to rising gasoline/oil prices. Some Departments of Construction have recorded cases of increased fares. Some localities increased fares by more than 30%. The main reason for the increase in fares is due to the sharp increase in domestic diesel and gasoline prices of 20-30%. Transport business units that make adjustments all comply with the regulations on price declaration and public posting at bus stations for passengers to choose from. In particular, the group with strong price increases of over 30% includes 7 provinces/cities including: Ninh Binh (up to 50%), Quang Ninh (over 33%), Vinh Long (over 33%), Tuyen Quang (33%), Lao Cai (33%), Thua Thien Hue (31%), Ca Mau (30%). The mountainous provinces of Lai Chau, Dien Bien, and Lao Cai have the highest fare increases (some routes increased by up to 50%) due to difficult roads and high fuel consumption. The group of average price increases from 10% - 30% includes 11 provinces/cities: Ho Chi Minh City (10-20%), Hai Phong (15-30%), Can Tho (more than 16%), Dien Bien (20-30%), Cao Bang (more than 14%), Thanh Hoa (10-20%), Ha Tinh (13-25%), Son La (10-20%), Lai Chau (12-20%), Thai Nguyen (7-25%), Dong Nai (5-27%). Hai Phong city and Quang Ninh province recorded an average increase in freight and container freight rates of 10-24%, putting pressure on the seaport logistics supply chain. In Ho Chi Minh City, electric taxis account for 83% of the taxi market share. This type of vehicle is going against the trend when reducing fares by 10% to support people. From February 26, 2026 - March 11, 2026, gasoline prices increased by 40.96%, oil prices increased by nearly 58%. The sharp increase in fuel prices has directly impacted the input costs of transportation activities, especially fuel costs - a factor that accounts for a large proportion in the transportation cost structure. However, on the evening of March 11, 2026, updated gasoline prices decreased by about 13% compared to the previous adjustment period. The Vietnam Roads Department will continue to closely monitor and ensure that transport activities take place continuously, stably and in accordance with regulations, serving the smooth movement of people and goods transportation. Avoid taking advantage of fuel price fluctuations to increase fares unreasonably. The Vietnam Roads Department also said that currently, Departments of Construction continue to closely monitor the situation of declaring, posting and implementing ticket prices of transport business units in the province; At the same time, businesses are required to strictly comply with the provisions of law on price management, ensuring publicity, transparency and correct declared prices. In case the price adjustment level is discovered to be unusual or inconsistent with the factors forming the price, the Department will coordinate with relevant agencies to inspect and review the cost elements that make up the ticket price to promptly handle according to the provisions of law, contributing to stabilizing the passenger transport market and protecting the rights of passengers. In the current context, in order to minimize the impacts of rising fuel prices, the Vietnam Road Administration believes that a number of solutions need to be implemented or considered to effectively respond to the issue of increased fuel prices in particular and other impacts from military conflicts in the Middle East. Along with using the Petroleum Price Stabilization Fund to reduce domestic gasoline prices, helping transportation businesses have an adaptive roadmap, consider reducing road tolls and infrastructure usage fees. Seaports for vehicles transporting import and export goods during the period of high gasoline prices. At the same time, priority is given to quick customs clearance for essential goods and raw materials for production at international border gates to reduce waiting time for trucks. At the same time, increasing proactiveness for businesses by allowing transportation businesses to adjust freight rates based on fluctuations in gasoline prices according to a pre-agreed framework with customers to avoid contract breakdown. In the long term, the Vietnam Road Administration believes that it is necessary to promote Converting vehicles to use renewable energy and clean energy, helping to reduce dependence on fossil fuels, promoting energy saving and improving energy efficiency in transportation activities. Improving energy efficiency through technology improvements, optimizing the transportation process and reducing fuel consumption, encouraging businesses to restructure supply chains and logistics, choosing more efficient transportation methods to reduce dependence on fuel costs.PTTRefer to moreStress Middle East ignites oil price fever. See moreThe government deploys urgent solutionso Ensuring energy security before conflict in the Middle East See moreLogistics fluctuates due to Middle East conflict, Customs actively supports businesses See moreRedirect oil transport routes to avoid Middle East war zone
