Petrol prices continue reducing

The Vietnam National Petroleum Group (Petrolimex) cut petrol prices by VND95-160 per liter since 6 p.m. on September 9 as per instruction from the Ministries of Finance and Industry and Trade.
Ron 92 gasoline price reduces VND30 per liter to VND23,710. Diesel falls VND160 to VND21,770.
Kerosene price goes down VND150 to VND21,920 per liter while engine oil slides VND100 to VND18,220 per kilogram.
The two ministries also instructed unchanged contribution rate in the price subsidization fund to petrol companies.
The latest reduction of petrol price was on August 29 with VND52 to VND464 per liter.

By Ngoc Quang – Translated by Hai Mien

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