The import tax on petroleum dropped from 15 percent to 10 percent and the petroleum prices increased by VND900 per litre as from 15pm on March 6, according to an announcement released by the Ministries of Finance and Trade the same day.
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RON92 is now sold for VND11,000 per litre, RON 90 for VND10,800 per litre and RON 83 for VND10,600 per litre.
The State will continue to provide financial support for diesel and kerosene when there is an adjustment in prices later, said representatives of the two ministries at a press briefing in
The adjustment is based on market fluctuations in an effort to ensure that oil traders continue to do business well while keeping selling prices at a reasonable level for customers to pay.
(Source: VOV)
