Petrol prices further decrease

May 11, 2023 - 16:39

Petrol prices continued to be revised down from 3pm on May 11, following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance

A petrol station in Hà Nội. On May 11, the retail prices of RON 95-III were cut by VNĐ1,320 to VNĐ21,000 (US$0.89) per litre. VNA/VNS Photo

HÀ NỘI – Petrol prices continued to be revised down from 3pm on May 11, following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance.

Specifically, the retail prices of RON 95-III and E5 RON 92 were cut by VNĐ1,320 and VNĐ1,300 to VNĐ21,000 (US$0.89) and VNĐ20,130 per litre, respectively.

Diesel is now sold at VNĐ17,650 per litre, down VNĐ600, and kerosene VNĐ17,970 per litre, down VNĐ550.

Meanwhile, the price of mazut decreased by VNĐ640 to VNĐ14,860 per kilo.

The two ministries decided to extract VNĐ300 per litre from all of the above fuels for the petrol price stabilisation fund. VNS

FPT and NVIDIA ink MoU to build $200m AI factory

Economy

Two bidders win the first gold auction this year

Economy

Tra fish export to UAE jumps 67 per cent in Q1

Economy

Việt Nam - an enticing destination for foreign investors: IMF expert

Economy

Apparel enterprises concern over business difficulties in Q2, despite rising orders in Q1

Economy

Capital shortage - headache for construction firms

More on this story

Economy

VAT cuts to boost consumption: former GSO director

Nguyễn Bích Lâm, former director of the General Statistics Office of Vietnam, speaks to Vietnam News Agency about the supportive tax policy.

Economy

Vietjet sells promotional tickets on routes to India

On every Monday, Tuesday and Wednesday, passengers have opportunites to hunt discounted tickets at www.vietjetair.com and Vietjet Air mobile app, applying for all routes connecting Việt Nam (HCM City and Hà Nội) to India (Mumbai, New Delhi and Ahmedabad) with flexible flight schedules from August 1 to December 15, 2023.

Economy

Thermal power plant project hits administrative roadblock

If such complications cannot be resolved, "the entire project may not be able to go ahead", according to the ministry.

Economy

EVN proposes to prioritise coal supply for power production

EVN has also proposed those two coal suppliers reduce coal supply for other sectors and to increase the amount of coal supplied for power production in the second quarter of 2023. Other sectors will be compensated in the last months of the year.

Economy

Labour market to record 150,000 new jobs in Q2: ministry

MoLISA forecasts the most sought jobs will be related to manual work in the industrial sector, sales and marketing, accounting and finance, production management, personnel management, and project management.

Economy

Fruit farmers must follow planning to prevent prices from falling

Recently, many farms in the southern province of Trà Vinh Province reported losses because the prices of many kinds of fruits such as mango, orange and pomelo continued to drop.

Economy

Tetra Pak recognised as a European Climate Leader 2023 by the Financial Times

Tetra Pak has been named a European Climate Leader 2023 by the Financial Times, in recognition of the company’s progress in reducing greenhouse gas (GHG) emissions and its robust commitments to climate action.

Economy

SeABank sets pre-tax profit of $240m this year, prioritises ESG

As the economy is expected to experience a turbulent year in 2023, the bank sets an orientation of sustainable growth this year.

Economy

HCM City cuts taxes by thousands of billion dong to support businesses

HCM City’s revenues in the first four months of the year are estimated at VNĐ170 trillion (US$7.3 billion), 3.2 per cent down year-on-year, according to its Statistics Office.