Gas Price Hits 11-year High

Price of cooking gas in Viet Nam has made an 11-year record high, following rises in the world market.

The retail price of a 12kg cylinder from suppliers Saigon Gas, Gia Dinh Gas, PetroVietnam Gas and Saigon Petro has risen by VND11,000 to VND176,000 or VND178,000 (about US$11).

Seven gas trading companies in Ho Chi Minh City have proposed the Ministry of Trade and the government to cut down the import tariff on gas while the world price is standing high due to a rise in demand.

By T. Thuy_Translated by Tuong Thuy

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