The Vietnam National Petroleum Corporation (Petrolimex) plans to announce ways the public can calculate its petrol and oil retail price, according to the corporation.
From next week, Petrolimex’s website petrolimex.com.vn will show how to calculate the retail price based on Decree No84/ND-CP on trading petrol and oil issued last December. It will carry details about import prices, taxes, fees, commission for sales agents and costs for ports, ware-houses and tanks.
The corporation increased petrol prices by 590 VND per litre on February 21 because the world average petrol price had increased to around 83 USD per barrel (1 barrel is 159 litres) for a month-long period.
The corporation said the increase was reasonable and that the price rise allowed the company to make a profit of 100 VND per litre of petrol sold.
Last week, the Government called on the ministries of Finance and Industry and Trade to monitor adjustments in petrol retail prices. The two ministries plan to change petrol-trading regulations to control inflation./.
From next week, Petrolimex’s website petrolimex.com.vn will show how to calculate the retail price based on Decree No84/ND-CP on trading petrol and oil issued last December. It will carry details about import prices, taxes, fees, commission for sales agents and costs for ports, ware-houses and tanks.
The corporation increased petrol prices by 590 VND per litre on February 21 because the world average petrol price had increased to around 83 USD per barrel (1 barrel is 159 litres) for a month-long period.
The corporation said the increase was reasonable and that the price rise allowed the company to make a profit of 100 VND per litre of petrol sold.
Last week, the Government called on the ministries of Finance and Industry and Trade to monitor adjustments in petrol retail prices. The two ministries plan to change petrol-trading regulations to control inflation./.
