Petrol prices cut down, oil edge up

The Ministry of Industry and Trade and the Ministry of Finance yesterday announced slight decrease in petrol price and increase in oil price from 4:55 p.m on the same day.

 A filling station in HCMC

A filling station in HCMC

The price of RON 92 gasoline reduced VND112 a liter to VND17,999, ethanol gasoline blend E5 dropped VND105 to VND17,731 a liter.
Meantime, diesel increased VND147 to VND14,588 a liter, kerosene edged up VND318 to VND13,433 a liter and mazut hiked VND212 to VND11,748 a kilogram.
In addition, the two ministries permitted businesses to keep contribution level to the price subsidization fund unchanged and raise the fund's spending to VND130 a liter to mineral gasoline, VND110 a liter of gasoline E5. The spending level remained unchanged at VND180 a liter of diesel, VND190 a liter of kerosene and VND100 a kilogram of mazut.
On the same day, the opening ceremony of Idemisu Q8 filling station was organized in Thang Long industrial park, Hanoi. That is the first foreign invested filling station in Vietnam, under the joint venture between Kuwait Petroleum and Japanese Idemitsu Kosan.

By NGOC QUANG, ANH THU - Translated by Hai Mien

Other news

Most view

Beer production at Sabeco

Thai Group still considers Sabeco share purchase

Vietnam Beverage, a subsidiary of Thai Beverage Public Company Limited (ThaiBev), is still considering share purchase of Saigon Beer, Alcohol and Beverage Corporation (Sabeco) and will make the final decision on December 17.



Garment, textile obtain highest trade surplus value in export items

After the US withdrew from the talks on Trans-Pacific Partnership (TPP), Vietnam’s garment and textile export met with difficulties in the first two quarters this year. However the industry has posted the record high trade surplus value taking the lead in export items.

Self - introduction

Stock market

Shares rise amid growing caution

Shares extended gains on November 23 but caution appeared among investors after the VN-Index hit its decade-high.