The retail petrol price in Vietnam slightly reduces 310 dong a liter today (US$1 = VND21,800), making it a total decrease of 1,200 dong a liter this month after three times of adjustment.
The retail petrol price in Vietnam slightly reduces 310 dong a liter today (US$1 = VND21,800), making it a total decrease of 1,200 dong a liter this month after three times of adjustment.
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| The retail petrol price in Vietnam slightly reduces 310 dong a liter today. |
Petrolimex and PVOil, the two firms accounting for largest shares in the retail fuel market in Vietnam, announced today that they lower 310 dong per liter of petrol, 100 dong a liter of kerosene and FO oil.
This is the third time this month the fuel prices in Vietnam were lowered. In total, the petrol price downs 1,200 a liter, 650 dong a liter of DO oil, and 750 dong a liter for kerosene.
So, the petrol price of A92 petrol is now sold at VND23,330 a liter; kerosene VND21,300; DO oil VND21,250; and FO oil VND18,750.
Soon earlier, the Ministry of Finance issued an instruction to ask local fuel trading firms in Vietnam to cut the fuel prices no sooner than 4:30pm today.
Besides, the ministry also announced that it will increase 2 percent in the import tax of fuel. In details, the import tax for petrol goes up to 16 percent, diesel 12 percent, kerosene and mazut oil with 14 percent.
(Source:TTNews)
