Petrol prices further cut down

The Vietnam National Petroleum Group (Petrolimex) on Monday announced a reduction of VND2,050 a petrol liter.

The price of Ron 92 gasoline dropped VND2,050 a liter to VND17,880, and diesel edged down VND1,420 to VND16,990.

Kerosene and engine oil prices were curtailed VND1,570 and VND1,690 to VND17,400 a liter and VND13,130 a kilogram respectively.

Besides the price cut, the company has increased the contribution to the price subsidization fund from VND500 to VND800 a liter as per instruction by the Ministry of Industry and Trade and the Ministry of Finance.

By Ha My – Translated by Hai Mien

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