Từ khóa: #gasoline prices

E5 RON92 gasoline drops to below VND20,000 per liter

E5 RON92 gasoline drops to below VND20,000 per liter

In order to keep abreast of global petrol prices, the ministries of Industry and Trade and Finance decided to continue reducing retail fuel prices from 3 p.m. on December 21, but the reduction level is extremely low.
Gasoline prices drop sharply to just above VND20,000 per liter

Gasoline prices drop sharply to just above VND20,000 per liter

The ministries of Industry and Trade and Finance, on the afternoon of December 12, reduced the retail gasoline prices in the domestic market for a third consecutive time to just above VND20,000 per liter - the lowest price in the year.
Illustrative photo

Economic stability will require serious adjustment

Economic instability across the entire globe is bound to affect Vietnam as well. Although economic data for Vietnam shows that difficulties have been overcome, but the fact remains that scores of businesses are still struggling. 
Illustrative image (Photo: VNA)

Ministry continues to consider adjusting costs of petrol

The Ministry of Finance (MoF) is taking steps to stabilize domestic gasoline prices and supply while removing difficulties for petroleum traders, said Nguyen Tien Minh, Director of the MoF’s Price Management Department.
Bus fares decline sluggishly

Bus fares decline sluggishly

The Saigon Railway Transport Joint Stock Company, on the afternoon of August 11, said that it adjusted rail fares to support passengers after gasoline prices had decreased sharply from the beginning of July.
Fuel enterprises actively seek suppliers to ensure fuel supply

Fuel enterprises actively seek suppliers to ensure fuel supply

The domestic market management team of the Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development held a regular meeting on July 29 to assess the petrol and pork supply in July 2022 and make forecasts for the coming time.

MoIT orders inspection of illegal profiteering from market fluctuations

MoIT orders inspection of illegal profiteering from market fluctuations

Minister of Industry and Trade Nguyen Hong Dien, on July 29, signed and promulgated Official Dispatch No. 4436 requesting the Head of the Vietnam Directorate of Market Surveillance and the heads of the Market Surveillance Agency in municipalities to strengthen inspection and supervision of the market, ensuring the balance of supply and demand.
Gasoline prices exceed VND32,000 per litter

Gasoline prices exceed VND32,000 per litter

The fact that gasoline prices exceeded VND32,000 per liter, and some places even listed VND33,000 per liter while oil prices climbed sharply by more than VND2,000 per liter as of 3 p.m. on the afternoon of June 13 has made consumers worry.
HCMC sees purchasing power increase, recovery of retail industry

HCMC sees purchasing power increase, recovery of retail industry

After a gloomy period due to the impact of the Covid-19 pandemic in Ho Chi Minh City, the purchasing power in the city has lately rebounded, leading to the strong recovery of the retail industry. In the first four months of this year, the total retail sales of goods and services reached VND1,777.4 trillion  (US$76.76 billion), up 6.5 percent over the same period last year.

 

Gasoline prices rebound to nearly VND30,000 per liter

Gasoline prices rebound to nearly VND30,000 per liter

The prices of petrol products in Vietnam soared sharply on the afternoon of May 11, with an increase of about VND1,500 (US$0.065) per liter, so it sent the retail gasoline prices in the domestic market back to near VND30,000 ($1.3) per liter.
Fuel prices decline not as high as expected

Fuel prices decline not as high as expected

The ministries of Industry, and Trade, and Finance, on the afternoon of March 21, decided to request fuel enterprises to lower prices for all retail gasoline and oil products in the domestic market. However, consumers and businesses that directly use fuel assess that the reduction in gasoline prices in this adjustment is not as expected, although the global gasoline prices dropped sharply in the past week.
Businesses in quandary over increase in fuel price

Businesses in quandary over increase in fuel price

The recent increase in gasoline prices has added pressure on most businesses because of an increase in operating costs. Input costs increase when gasoline prices go up, while output prices remain the same because of lower purchasing power.
Enterprises struggle as petrol prices increase

Enterprises struggle as petrol prices increase

Many businesses expressed concern that increasing gasoline prices might lead to an increase in raw material prices, making it difficult for businesses to maintain production stability.
Many products start to increase prices

Many products start to increase prices

Since the Tet holiday, the prices of some products in Ho Chi Minh City have started to increase, especially after gasoline prices exceeded VND25,000 per liter.