Vietnamese Tiếng Việt | Wednesday, June 20, 2018 | Advertise with Us
   
Text Size

Petrol price hike of over VNĐ400 per litre

Share
(0 votes, average 0 out of 5)

 Retail prices of RON 92 petrol and E5 bio-fuel increased by VNĐ441 (US$0,019) and VNĐ392 per litre, respectively, yesterday. 

Hà Nội petrol station. -- Photo baogiaothong.com.vn

 

Following a joint decision issued by the ministries of Industry and Trade and Finance, the price of diesel 0.05S rose by VNĐ599 per litre, while that of kerosene went up by VNĐ520 per litre. 

This was the nineth hike in fuel prices so far this year with a total increase of nearly VNĐ5,000 per litre.

By contrast, the prices have been dropped eight times since the beginning of the year, with the decreases amounting to about VNĐ4,463 per litre. 

Current ceiling prices of RON 92 and E5 bio-fuel are VNĐ16,845 per litre and VNĐ16,533 per litre, while maximum prices of diesel and paraffin are kept at VNĐ13,023 per litre and VNĐ11,543 per litre. 

The average global price of RON 92 during the last 15 days was $59.995 a barrel, while that of diesel 0.05S was $62.338 per barrel, the ministries said. They also decided to maintain subsidies for RON 92 and E5 at VNĐ600 and on diesel and kerosene at VNĐ300 per litre. The subsidies are sourced by the fuel stabilisation fund. -

 

Source: VNS

Maybe You Also Interesting :

» High CPI increase raises concerns about inflation in 2018

The CPI soared by 0.55 percent in May as reported by the General Statistics Office (GSO), a six-year high.

» Petrol prices surge

The retail price of biofuel E5 RON 92 rose VNĐ500 to VNĐ19,940 (US$0.87) per litre at 3pm today, the Ministries of Industry and Trade and Finance announced.

» Ignoring protests, Finance Ministry raises environmental tax on petrol products

The Ministry of Finance (MOF) is compiling the amended Environment Protection Tax Law. From July, every liter of petrol will be charged an additional VND1,000...

Popular News Categories:

- Asia & Asian  |  EU & Russia  |  America & US

- Facts  |  Urban  |  Faculty  |  Environment

- Business  |  Finance  |  Market Health

- Destination  |  Cuisine  |  Arts Music

- Cinema  |  Soccer  |  Sports  |  IT & Internet

Culture & Tourism:

-> About Vietnam  |  Things To Do

-> Destinations  |  Events Calendar

-> Visa Online  |  Flights & Transport

-> Accomodation  |  Tours & Cruise

-> Find more go to Travel.VN...

Login