Retail gas prices stiffen

Gas businesses in Ho Chi Minh City yesterday afternoon announced that retail prices would increase by VND10,000 a 12 kilogram cylinder from October 1.

A 12 kilogram cylinder now costs VND275,000, including value added tax.
 
Explaining the increase, they said that the world gas contract price has hiked US$32.5 a ton over the previous month to hit US$362.5.

By Lac Phong – Translated by Hai Mien

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