Petrol prices rise past VNĐ25,000 a litre, highest since 2014

A petrol station on Trần Khát Chân Street, Hà Nội, on Friday afternoon. — VNA/VNS Photo Trần Việt

HÀ NỘI — Retail petrol prices increased by nearly VNĐ1,000 per litre from 3pm on Friday, following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

This is the third consecutive increase of petrol prices in 2022 and the fourth in a row.

Accordingly, the retail price of RON95 bio-fuel rose by VNĐ962 to a maximum of VNĐ25,322 (US$1.12) per litre, the highest since August 2014, while that of E5RON92 rose VNĐ976 to no more than VNĐ24,571 per litre.

Meanwhile, the prices of diesel 0.05S and kerosene went up by VNĐ962 and VNĐ958 per litre, respectively. — VNS

Tags petrol price

Việt Nam needs development of green products exported to UK

Economy

UK’s carbon tax to affect VN exports

Economy

Việt Nam expects to officially export passion fruit to the US next year

Economy

VN faced with increasing trade defence investigations on rising protectionism

Economy

Experts point out economic growth drivers, challenges for next year

Economy

Thái Nguyên supports businesses to take advantage of UKVFTA to expand exports to UK

More on this story

Economy

New Vietnamese smartphone to be released soon

Việt Nam will soon have another home-grown manufacturer entering the highly competitive smartphone market, courtesy of Thành Hưng Technology.

Economy

Vietnamese retail industry set to bounce back

Despite low growth in 2021, the local retail industry is still considered full of potential, promising to continue to explore areas for new growth.

Economy

Capital demand remains high after Lunar New Year holiday

Economy

Việt Nam gains strong growth in veg, fruit exports in January

Việt Nam achieved a high growth rate of fruit and vegetable exports in the first month of 2022, according to the Việt Nam Fruit and Vegetable Association (Vnfruit).

Economy

Pangasius exports exceed expectations

Pangasius (tra fish) exports topped US$1.61 billion last year, an 8.4 per cent rise from 2020, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Economy

Government must carefully manage financial support for businesses: experts

The Government needs to carefully monitor and outline finance packages to assist businesses affected by the pandemic to quickly recover the national economy, according to experts.

Economy

Shares gain on the rise of construction, residential real estate stocks

Vietnamese markets rose slightly on Thursday, supported by gains in construction and residential real estate stock groups.

Economy

HCM City housing rental market to recover after Tết: analysts

The HCM City housing rental market is expected to recover sharply after Tết as students and workers return to what has been designated a ‘green zone’.

Economy

Sixteen banks cut over VNĐ21.2 trillion for pandemic-hit customers

Sixteen commercial banks cut over VNĐ21.24 trillion (US$936 million) of loan interest for COVID-19-hit customers from July 15 to December 31, 2021, surpassing their commitment by 5.13 per cent, the State Bank of Vietnam (SBV) reported on February 9.