Keyword: "fuel prices"

E5RON92 petrol is capped at 18,233 VND (0.69 USD) per litre, down 205 VND per litre from the baseline price, and RON95-III at 18,560 VND per litre, 357 VND lower.

E5RON92 petrol is sold at the maximum of 18,438 VND (0.7 USD) per litre, down 278 VND from the baseline price, and RON95-III at 18,917 VND per litre, down 89 VND.

Under the latest adjustment, E5 RON92 biofuel is capped at 19,239 VND (0.73 USD) per litre, a decline of 376 VND, while RON95-III petrol may be sold for no more than 19,620 VND per litre, down 462 VND.

Retail petrol prices turned downward on the afternoon of September 25, following the price adjustment decision by the Ministry of Industry and Trade and the Ministry of Finance.

All Malaysians above 18 will receive 100 MYR (23.67 USD) in a one-off cash handout to be disbursed from August 31.

The CPI in June rose by 0.48% compared to the previous month, with urban areas up 0.5% and rural areas up 0.45%. The country’s June CPI climbed 3.57% year-on-year.

The maximum retail price of E5 RON92 petrol has been set at 20,530 VND (0.79 USD) per litre, down 381 VND from June 30.

The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.

The price of E5 RON92 petrol is now capped at 19,462 VND (0.75 USD) per litre, up 199 VND from the previous adjustment, while RON95-III costs no more than 19,967 VND per litre, up 269 VND.

Vietnam’s retail fuel prices were reduced for the second consecutive time from 3pm on May 8, under an urgent directive issued on the same day by the Ministry of Industry and Trade (MoIT).

The Government has implemented numerous measures to keep market prices stable and inflation under control.

According to the latest adjustment, RON 95-III, the most commonly used gasoline in Vietnam, has increased by 440 VND to 20,080 VND (0.79 USD) per litre, while E5 RON 92 has risen by 410 VND to 19,690 VND per litre.

The price of E5RON92 gasoline is capped at 19,281 VND (0.76 USD) per litre, down 680 VND, while RON95-III is priced at no more than 19,649 VND per litre, a decrease of 753 VND.

Under the new pricing, E5 RON92 gasoline is capped at 20,855 VND (0.83 USD) per litre, an increase of 257 VND from the previous rate, while RON95-III gasoline now costs 21,331 VND per litre, also up 257 VND.

The price of E5 RON92 bio-fuel is capped at 20,391 VND (0.81 USD) per litre, while RON95-III is set at 21,002 VND (0.83 USD) per litre in the adjustment, effective from from 3:00 pm on February 1.

The inflationary pressure on Vietnam in 2023 may not be high, said experts at a conference in Hanoi on January 4.

The Vietjet Aviation JSC recorded a surge in its nine-month revenue, fulfilling 85% of the target set for this year, according to its third-quarter report.

The Ministry of Finance said it does not support removing current special consumption taxes on petroleum in response to recent calls to drop taxes from the Vietnam Chamber of Commerce and Industry (VCCI).

Vietnam’s gross domestic product (GDP) growth in 2022 can reach up to 8%, surpassing the target of 6.5%, according to Director General of the General Statistics Office (GSO) Nguyen Thi Huong.

Fuel prices were slashed by over 1,000 VND per litre across the board on September 12.