Home Commodities

Global increases force Viet Nam gas prices up

Nov 2nd at 20:20
02-11-2013 20:20:09+07:00

Global increases force Viet Nam gas prices up

Gas prices rose on the local market yesterday, demanding a further VND18,000 (US$0.9) per canister (12 kg).

Deputy Director of Saigon Petro Gas, Do Trung Thanh, announced the day before in HCM City that the company would be selling gas at a new price of VND408,000 ($19.4) per canister, citing earlier increases in the world gas price of $60 per tonne in November.

Meanwhile one major gas distributor in Ha Noi said the current price of VND370,000 ($17.6) per canister would increase to VND400,000 ($19.04).

Prices have increased by VND34,000 ($1.6) in the four months since June.

vietnamnews

MOST READ

NEWS SAME CATEGORY

Tra fish industry caught in a trap
COMMODITIES Nov 2nd at 20:04

Tra fish industry caught in a trap

The Viet Nam Association of Seafood Exporters and Producers (VASEP) proposed that the state establish a production quota for tra fish in order to avoid an...

Goods prices set for pre-Tet stability
COMMODITIES Nov 1st at 13:27

Goods prices set for pre-Tet stability

The prices of many key goods would stay unchanged in the months approaching the lunar new year holiday, industry insiders have claimed.

Textiles exports toast stellar 2013 performance
COMMODITIES Nov 1st at 13:18

Textiles exports toast stellar 2013 performance

Viet Nam's textile and garment industry expects to surpass its initial 2013 export target of US$19 billion by an extra by $1 billion.

VN Motor Show revs up record new car sales
COMMODITIES Oct 31st at 13:11

VN Motor Show revs up record new car sales

Over 200 cars were sold at this year's Viet Nam Motor Show, the largest number of new car deals in a single fair since the first show was held in 2005, organisers...

Electronics stores battle for business
COMMODITIES Oct 29th at 13:31

Electronics stores battle for business

Electronics traders in the north are competing for customers by opening new stores, even though the purchasing power for these products has not increased.

Seafood surge nets exporters $5.37b in first 10 months of 2013
COMMODITIES Oct 29th at 13:27

Seafood surge nets exporters $5.37b in first 10 months of 2013

In October, Viet Nam exported US$689 million worth of seafood products, bringing its total seafood export turnover over the first 10 months to around $5.37 billion...

VRG sets $1.17b revenue goal for 2013
COMMODITIES Oct 28th at 13:17

VRG sets $1.17b revenue goal for 2013

The Viet Nam Rubber Group (VRG) plans to foster trade promotion and expand export outlets in order to reap a VND24.5 trillion (US$1.17 billion) revenue by year-end...

Pepper industry aims high with $1 billion annual export target
COMMODITIES Oct 26th at 21:03

Pepper industry aims high with $1 billion annual export target

The pepper industry is hoping to attain an annual export value of US$1 billion within the next few years, buoyed by increasing global demand for the staple.

Cashew exports to top US$1.8 billion
COMMODITIES Oct 25th at 13:53

Cashew exports to top US$1.8 billion

With an increasing demand for cashews in the global market, Viet Nam expects a higher export volume this year, reaching US$1.8 billion.

VN timber exporters enhance growth outlook
COMMODITIES Oct 25th at 07:55

VN timber exporters enhance growth outlook

Earnings from wood exports are predicted to exceed US$3.77 billion for the first nine months of this year, up 12 per cent on 2012 figures, according to the Ministry...

Read More

Commodity prices

MOST READ

Back To Top