Gasoline price reduced by VND800 a litre

Both the Ministry of Finance, and Industry and Trade decided to reduce gasoline retail price by VND800 a litre on Thursday afternoon.

Gasoline price was reduced by VND800 a litre on June 7 (Photo: SGGP)

A litre of A92 gasoline will now cost VND21,900.

Similarly, diesel and kerosene price has been slashed by VND700 to cost VND20,500 and VND20,400 a litre respectively.

Engine oil price was also reduced by VND650 to cost VND18,250 a kilogram.

This is the third decrease in gasoline price since the beginning of May, with total reduction of VND1,900.

Import tariff of petrol has also increased by 3 per cent to reach 7 per cent as of now.

Related articles:
Second reduction in petrol price in 2012

Source: SGGP, VPG – Translated by Hai Mien

Other news