Petrol prices rise by over VNĐ700 per litre

February 15, 2024 - 15:48

Petrol prices were increased by over VNĐ700 per litre by the Ministry of Industry and Trade and the Ministry of Finance, starting from 3 pm on February 15.

A car was filled with gasoline at a petrol station in Hà Nội. — VNA/VNS Photo

HÀ NỘI — Petrol prices were increased by over VNĐ700 per litre by the Ministry of Industry and Trade and the Ministry of Finance, starting from 3pm on February 15.

The price of E5 RON 92 rose VNĐ711 to VNĐ22,831 (US$0.93) per litre, while that of RON 95-III was hiked by VNĐ657 to VNĐ23,919 per litre.

Diesel oil is now priced at VNĐ21,361 per litre, up VNĐ654. Meanwhile, kerosene was capped at VNĐ21,221 per litre, up VNĐ633. Mazut oil 180CST 3.5S is now sold at no more than VNĐ15,906 per kg, an increase of VNĐ308.

Since the beginning of this year, petrol prices have undergone seven adjustments, with five up and two down.

In the latest fuel price adjustment, the two ministries decided to set aside VNĐ300 per kg for mazut oil for the petrol price stabilisation fund. — VNS

Petrol prices increase in latest adjustment

The ceiling retail petrol prices were revised up from 3pm on February 1 by the Ministry of Industry and Trade, and the Ministry of Finance.

Economy

Petrol prices edge up on January 25 afternoon

The petrol prices were revised up from 15:00 on January 25 by the Ministry of Industry and Trade, and the Ministry of Finance.

Economy

The Ministry of Industry and Trade reviews the licensing of petroleum business

Key traders must report specifically on the petroleum distribution system, including owned stores, leased stores, gasoline retail agents, gasoline retail franchisees and general gasoline trading agents.

Economy

Petrol prices up in latest adjustment

Retail prices of petrol were revised up in the latest adjustment on January 18

Experts call for efforts in protecting IP rights

Economy

Rubber exports hit US$607 million in Q1

Economy

Investment in Vietnamese startups in 2023 ranks third in Southeast Asia

Economy

Hoà Bình construction group approves share issuance and debt swap plan

Economy

Việt Nam's rice export surges in Q1 2024

Economy

Sacombank tells shareholders most business targets achieved in 2023

More on this story

Economy

Construction industry strives to achieve sustainable, eco-friendly growth

The construction industry is one of the most chemically intensive, involving several persistent organic pollutants (POPs) and possible future POPs. Việt Nam News reporter Ly Ly Cao talked to Nguyễn Công Thịnh, Deputy Director of the Department of Science, Technology and Environment under the Ministry of Construction (MoC), to learn about the changes taking place in the Vietnamese construction sector.

Economy

New regulations to ease Overseas Vietnamese real estate investments

Newly approved laws will create favourable conditions for Overseas Vietnamese in real estate ownership and trading, experts say.

Economy

New policy may have adverse impacts on bancassurance

The regulation under the amended Law on Credit Institutions was recently passed by the National Assembly and will take effect from July this year.

Economy

Government requires securities investor data cleansing by March

Prime Minister Phạm Minh Chính on February 11 signed Directive No 04/CT-TTg which focuses on strengthening the implementation of the initiative to develop data applications related to population, identification, and electronic authentication

Economy

Việt Nam poised to lead in attracting Japanese investments amid regional competition

FDI is expected to remain a pivotal catalyst for economic advancement throughout ASEAN countries, with Việt positioning itself as a leading contender in the pursuit of top-tier FDI from Japan.

Economy

Securities companies bullish on Vietnamese stock market

Securities companies have optimistic forecasts about the Vietnamese stock market in 2024 and believe that the VN-Index will return close to its historical peak.

Economy

Long An seeks private funding for mega-urban area development

Long An Province is seeking at least VND11.1 trillion (US$457 million) of private funding for a large urban area project through a public-private partnership (PPP).

Economy

VASEP proposes quota on shrimp export to Korea to be lifted

The trade deal significantly boosted exports of Việt Nam to this market with shrimp exports up by 37 per cent, squid and octopus by 51 per cent and other fishery products by 4 per cent.

Economy

Connecting local stores on e-commerce platforms

The Centre for Information and Digital technology has been connecting local departments, agencies and branches with e-commerce platforms and e-commerce service providers to deploy the Flagship Store model of local stalls on e-commerce platforms.