Petrol prices continue to decrease

The Ministry of Industry and Trade and the Ministry of Finance on Saturday decided to reduce retail selling petrol prices. — Photo petrolimex.com.vn

Viet Nam News

HÀ NỘI — Prices of oil and petrol products continued to decrease from 3pm on Saturday, following the latest price adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

The prices of RON 92 gasoline slightly dropped by VNĐ211 per litre, while that of E5 bio-petrol and diesel oil declined by VNĐ197 and VNĐ343 per litre, respectively.

Following a joint decision by the ministries, RON 92 and E5 bio-petrol will be sold at a maximum price of VNĐ17,063 (US$0.75) and VNĐ16,871 per litre, respectively.

Meanwhile, the new ceiling prices of diesel 0.05S and kerosene are VNĐ13,260 ($0.58) and VNĐ11,792 ($0.52) per litre.

The average global price of RON 92 during the last 15 days until May 20 was $61,084 per barrel, down $1 compared with the previous price adjustment.

The prices of petrol and oil are adjusted every 15 days by the two ministries depending on the changes in the world market. — VNS

Tags RON 92 E5 ceiling prices

Shares experience four consecutive days of decline

Economy

VietinBank set out business plan and dividend payout plan for 2024 Shareholders' Meeting

Economy

Listed firms see positive signals in Q1

Economy

Lào Cai to increase local budget contribution toward Sa Pa airport to attract private capital

Economy

Ministry requests Hà Nội to inspect rising prices of apartments

Economy

Nội Bài airport named in the world’s top 100 airports for the sixth time

More on this story

Economy

APEC ministers pledge free trade

Trade representatives of the 21 Pacific Rim countries, meeting this weekend in Hà Nội, reaffirmed their commitment to support free and open trade and pledged to fight all forms of protectionism.

Economy

APEC trade ministers seek deeper cooperation

Trade ministers from the 21 Pacific Rim countries gathered during a major trade meeting on Saturday in Hà Nội to discuss future plans for regional trade co-operation amid growing fears of protectionism, as well as changes in politics, economies and technology.

Economy

VN financial inclusion focuses on tech

Financial inclusion has been an accelerating global phenomenon recently, with financial services being provided at affordable costs to disadvantaged and low-income segments to increase earnings, alternate social capital flow and promote economic growth, a conference heard on May 19 in HCM City.

Economy

APEC economies discuss innovation

Representatives from 21 member economies of the Asia-Pacific Economic Co-operation (APEC) have shared their experiences in promoting trade and innovation, as well as exploring activities that APEC can undertake to boost innovative growth in the region.

Economy

Customs to cut clearance time

The customs authority has striven to shorten the time for carrying out customs clearance of goods across borders to 70 hours for export goods and 90 hours for import goods by the end of this year.

Economy

Dung Quất Refinery plans for IPO

Việt Nam's first oil refinery operator Bình Sơn Refinery and Petrochemical Co Ltd (BSR) has planned its domestic initial public offering (IPO) with 5-6 per cent of its capital in the fourth quarter of the year.

Economy

Sustainable productivity key to survival: APO

Sustainable productivity is the only way for the world to deal with changing business models driven by fast changing technologies, according to the Asian Productivity Organisation.

Economy

President hails Việt Nam- US trade ties

During his keynote address at yesterday conference on the future of the Việt Nam - US commercial relationship, President Trần Đại Quang expressed his faith in the bilateral economic success between Việt Nam and the United States, as it will be the basis for the comprehensive partnership between the two countries towards sustainability, stability, productivity and mutual benefits.