Home Commodities

Petrol price slightly drop

Sep 17th at 07:54
17-09-2019 07:54:23+07:00

Petrol price slightly drop

The retail price of petrol has dropped as of 3pm on Monday, the ministries of industry and trade and finance jointly announced.

 

The price of E5 RON92 dropped VND109 to VND19,114 (82 US cents) per litre at the highest, and the price of RON95-III also decreased VND92 to VND20,143 per litre.

Meanwhile, the prices of diesel 0.05S and kerosene are capped at VND16,200 and VND15,362 per litre, down VND139 per litre and up VND35 per litre, respectively.

Mazut 180CST 3.5S is sold at no more than VND14,090 per kilo, up VND262 per kg.

The Ministry of Industry and Trade and the Ministry of Finance review fuel prices every 15 days to adjust domestic prices in accordance with fluctuations in the global market.

This is the fourth consecutive time the petrol prices have been reduced so far, with aggregate reduction of VND1,300 per litre.

bizhub

MOST READ

NEWS SAME CATEGORY

VSA opposes hike in import duties on HRC steel
COMMODITIES Sep 16th at 13:57

VSA opposes hike in import duties on HRC steel

The Vietnam Steel Association (VSA) has objected to a proposal to hike the Most Favored Nations import duties on hot-rolled coil (HRC) steel from 0% to 5%.

Coffee export prices plummet
COMMODITIES Sep 16th at 09:55

Coffee export prices plummet

Although ranking second in the world, Viet Nam's coffee exports are plummeting.

Car imports from China crash
COMMODITIES Sep 16th at 08:26

Car imports from China crash

Automobile imports from China have plummeted since the beginning of last year after tariffs on imports from ASEAN member countries were scrapped.

Vietnam prices plunge to near 12-year low as demand dries up
COMMODITIES Sep 14th at 10:54

Vietnam prices plunge to near 12-year low as demand dries up

Vietnam’s 5 percent broken rice prices RI-VNBKN5-P1 fell to $325 per tonne, their lowest since November 2007, versus last week’s $325-$330 range.

Vietnam to start importing natural gas in 2021
COMMODITIES Sep 14th at 10:52

Vietnam to start importing natural gas in 2021

Vietnam has to import 1-4 billion cubic meters of liquefied natural gas a year in 2021-25 to meet the growing power demand.

Rice importers’ strict requirements discourage local firms
COMMODITIES Sep 14th at 10:48

Rice importers’ strict requirements discourage local firms

A number of rice importers have imposed an array of strict requirements, discouraging local rice firms from continuing to operate.

Automobile sales decrease in August
COMMODITIES Sep 14th at 10:33

Automobile sales decrease in August

Sales of automobiles saw a month-on-month decline of 19 per cent to about 21,480 vehicles in August, according to the Vietnam Automobile Manufacturer Association...

Tra fish companies see stock prices plummet
COMMODITIES Sep 13th at 13:29

Tra fish companies see stock prices plummet

Viet Nam's tra fish (pangasius) industry has seen a plummet in stock prices due to falling tra fish prices and volatile export markets.

Local automobile sales see 20% growth
COMMODITIES Sep 13th at 10:26

Local automobile sales see 20% growth

Stable economic development and population expansion in Vietnam are driving the growth of the local automobile market, as seen in the significant surge in car...

Vietnam rice prices plunge to near 12-year low as demand dries up
COMMODITIES Sep 13th at 10:22

Vietnam rice prices plunge to near 12-year low as demand dries up

Vietnamese rice export rates slumped to their lowest in nearly 12 years this week on sluggish demand, while an appreciating rupee helped rates for the Indian...

Read More

Commodity prices

MOST READ

Back To Top