Home Commodities

Domestic retail gas prices fall

Jan 2nd at 10:51
02-01-2014 10:51:08+07:00

Domestic retail gas prices fall

Retail cooking gas prices decreased by VND43,000 ($2) to between VND443,000-VND450,000 ($21-21.4) per 12kg canister, as of yesterday in HCM City and surrounding cities and provinces.

 

Do Trung Thanh, deputy head of the Business Department of Saigon Petro attributed the decreased cooking gas price to the reduced global price, noting that gas is being sold internationally at $1,015 per tonne in January 2014, down $147.5 since last month.

There was a sudden rise in domestic gas prices in December 2013 by VND80,000 to VND485,000 per 12kg canister beginning December 1, posting a record high since February 2012, according to the Viet Nam Gas Association (VGA).

vietnamnews

MOST READ

NEWS SAME CATEGORY

Wood exports exceed $5.3b in 2013
COMMODITIES Jan 2nd at 10:38

Wood exports exceed $5.3b in 2013

Viet Nam's wood exports reached US$479 million in December last year, bringing the year's timber turnover to $5.37 billion.

Vietnam beer consumption unfazed by economic woes
COMMODITIES Jan 1st at 15:52

Vietnam beer consumption unfazed by economic woes

While many manufacturing sectors faced difficulties in 2013, the production and consumption of beer and alcohol products still managed to post considerable growth...

Top ten auto events 2013
COMMODITIES Dec 31st at 13:15

Top ten auto events 2013

1. World's top luxury car manufacturer comes to Viet Nam

78,000 ha of cashew cut down in last five years
COMMODITIES Dec 31st at 09:55

78,000 ha of cashew cut down in last five years

Nearly 78,000 hectares of cashew have been cut down by farmers in the past five years to make room for cultivating other crops like rubber and pepper, which is...

Steel consumption seen growing 3-5% in 2014
COMMODITIES Dec 31st at 09:44

Steel consumption seen growing 3-5% in 2014

As industries with big demands for steel such as shipbuilding, auto, mechanical engineering and construction will not prosper in 2014 as predicted, next year’s...

Footwear achieves export target
COMMODITIES Dec 30th at 13:21

Footwear achieves export target

The footwear industry is expected to reach a record export value of more than US$8 billion this year, according to the Ministry of Industry and Trade.

Candy brands face down foreign rivals
COMMODITIES Dec 30th at 13:19

Candy brands face down foreign rivals

Vietnamese confectionery brands are outselling foreign products in the run-up to Tet (the Lunar New Year).

Local gold price revives on falling greenback
COMMODITIES Dec 28th at 14:17

Local gold price revives on falling greenback

Local gold yesterday bounced back to VND35.13 million (US$1,661) per tael (equivalent to 1.2 ounces) driven by a slight increase in the global price that prompted...

Cement sector grows while steel market stagnates
COMMODITIES Dec 28th at 14:10

Cement sector grows while steel market stagnates

The construction material sector has seen a rebound in cement and ceramic tile production, while steel and brick production remained stagnant.

Viet Nam aims to promote international rice trademark
COMMODITIES Dec 28th at 14:05

Viet Nam aims to promote international rice trademark

Viet Nam would work towards building a trademark and also focus on trade promotion for the Vietnamese rice product exports, experts said.

Read More

Commodity prices

MOST READ

Back To Top