Two gas stations in Diễn Châu and Quỳnh Lưu districts of the central province of Nghệ An have been found selling diluted, low quality A92 gasoline in large quantities.
Retail prices of RON 92 and E5 petrol dropped by VNĐ112 and VNĐ105 per litre, respectively, at 4:55pm on Thursday, according to a joint decision of the ministries of industry and trade, and finance.
Co.opmart and Co.opXtra supermarket chains are offering sharp discounts on more than 3,000 Co.opmart branded products from now until October 10.
The domestic retail price of petroleum increased by VNĐ319 to reach VNĐ18,111 (US cents) per litre on Wednesday, the Ministry of Industry and Trade (MoIT) said.
The Ministry of Finance has proposed to lower import tax on bio-fuel ethanol from 20 to 17 per cent so as to make E5 petrol cheaper.
The domestic retail price of RON 92 petroleum increased by VNĐ461 to trade at a maximum of VNĐ17,486 (77 US cents) per litre, as of 3pm on Saturday.
Việt Nam National Petroleum Group (Petrolimex) reported a pre-tax profit of VNĐ2.443 trillion (US$107.6 million) in the first half of 2017, which is 52.2 per cent of its annual target.
The domestic retail price of petroleum increased by VNĐ357 to reach VNĐ16,426 (73 US cents) per litre as of 3pm on Thursday, the Ministry of Industry and Trade (MoIT) said.
The supply of E5 bio-fuel is enough to meet the local demand and can fully replace RON 92 petrol beginning next year, the Ministry of Industry and Trade (MoIT) said.