Ministry announces petrol price cut
The domestic retail price of petroleum was reduced by 136 VND, bringing it to 18,003 VND (80 US cents) per litre as of 3pm on October 19, the Ministry of Industry and Trade said.
Illustrative image (Source: VNA)The price of E5 RON 92 biofuel has also fallen by 26 VND to 17,618 VND (78 cents) per litre. However, the diesel price increased by 222 VND to 13,945 VND (61 cents) per litre. The price of kerosene also rose by 279 VND per litre, bringing it to 13,004 VND (57 cents), while the price of mazut has increased by 445 VND per kilogram to 9,887 VND (43 cents) per kilogram.
The ministry said the prices have been reassessed because the base price was lower than the selling price. It also decided to keep the stabilisation fund stable at 300 VND per litre.
The global petroleum price has been falling over the past two weeks with unpredictable changes. The petrol price in the world market surged from 45 USD to 50 USD a barrel and fell again.
This is the 14th revision of the petrol price this year.-VNA
You should also see
Japanese Ambassador bids farewell to Acting President
Acting State President Vo Thi Anh Xuan on April 24 hosted a reception for Japanese Ambassador to Vietnam Yamada Takio who came to bid farewell to her.
See more
Society
Victims in southwestern border defence war commemorated
A ceremony was held in the town of Ba Chuc, Tri Ton district, the Mekong Delta province of An Giang on April 24 to commemorate people massacred by the Pol Pot genocidal regime in 1978 during the southwestern border defence war.
Society
Quang Ngai: Traditional ceremony honours ancient Hoang Sa flotilla
An annual ceremony commemorating sailors of the historic Hoang Sa (Paracel) flotilla took place in the communal house of An Vinh village, Ly Son district, the central province of Quang Ngai, on April 24.
Society
Ben Tre presses ahead with combating IUU fishing
The coastal Mekong Delta province of Ben Tre is pushing its efforts in preventing and combating illegal, unreported, and unregulated (IUU) fishing, preparing to work with the EC inspection team for the 5th time.
Society
More officials investigated for suspected links with Phuc Son Group JSC
The police have officially started legal proceedings against Vice Chairman of the Vinh Phuc provincial People’s Committee Nguyen Van Khuoc and five others for their suspected involvement in the case at the Phuc Son Group JSC, Spokesman of the Ministry of Public Security (MPS) Lt. Gen. To An Xo said on April 23.
Society
Dien Bien Phu Victory highlighted at symposium in Israel
The Vietnamese Embassy in Israel on April 23 hosted a symposium to commemorate the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954-2024), with the participation of members of the Arab council of foreign relations, local scholars, and officials from Vietnamese representative offices in the country.
