Business

Prices of petrol hold, oil down 520-960 VND per litre from January 11

In the latest petrol price adjustment on January 11 by the Ministry of Industry and Trade and the Ministry of Finance, the price of petrol remained unchanged compared with those of the last adjustment.
Prices of petrol hold, oil down 520-960 VND per litre from January 11 ảnh 1A filling station in Hanoi. (Photo: VNA)

Hanoi (VNA) – In the latest petrol price adjustmenton January 11 by the Ministry of Industry and Trade and the Ministry ofFinance, the price of petrol remained unchanged compared with those of the lastadjustment.

Accordingly, the retail price of petrol remained at 21.350 VND(0.91 USD) for E5 RON 92 and 22,150 VND for RON95.

Meanwhile, the price of diesel oil decreased by 520 VND to 21,620 VND per litre, kerosene went down by 960 VND to 21,800 VND perlitre.

The price of mazut oil also went down 380 VND per litre to13,740 VND per litre.

At this price adjustment, the two ministries decided to notextract petrol oil prices for the price stablisation fund.

However, from January 11, they started to extract 605 VND per litre from dieseloil, 650 VND per liter from kerosene, and 300 VND per kg from mazut for thepetrol price stabilisation fund./.

VNA
#Vietnam Plus #Vietnam News Agency #petrol prices #petrol price stabilisation fund
Follow VietnamPlus

Related News

See more

The Vietnamese section of the Monsoon – Thanh My 500kV transmission line project (Photo: VNA)

500kV transmission line from Laos energised

The Monsoon – Thanh My 500kV transmission line project is designed to import electricity from Laos’ Monsoon wind power plant to Vietnam, adding 600 MW to the national power grid during the 2024–2025 period.​

The entrance gate to Hanoi’s Ciputra Urban Area, where banks are selling apartments and villas. (Photo: cafef.vn)

Banks selling mortgaged assets to recover bad debts

The Viet Dragon Securities Company (VDSC) said that bad debts might continue to increase slightly this year, after a circular allowing banks to reschedule debt repayment periods and maintain the debt group for certain sectors expired at the end of 2024.

Vietnamese Ambassador to Argentina Bui Van Nghi (th fourth from the fright) in the meeting with Governor of Brazil's Espirito Santo state Renato Casagrande. (Photo: VNA)

Vietnam seeks to set up cooperation with Brazilian locality

In his meeting with Governor of Brazil's Espirito Santo Renato Casagrande, Ambassador to Argentina Bui Van Nghi Bui Van Nghi valued the potential for cooperation between the two sides, particularly in priority areas such as tourism, information technology, hi-tech agriculture, and seaport.

Remittances to Vietnam in 2024 are estimated at about 16 billion USD, maintaining the record-high levels seen in 2023. (Photo: VNA)

Remittances surge as Tet approaches

According to the State Bank of Vietnam’s Ho Chi Minh City branch, 9.6 billion USD, or 60% of the total remittances, flew through financial institutions, representing a 140 million USD increase from the previous year.

Bank lending in HCM City achieves high growth last year. (Photo courtesy of ABBANK)

Banks' credit up 11.3% in HCM City in 2024

Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over 3.9 quadrillion VND (153.3 billion USD), a 11.3% increase for the year, according to the central bank.

Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year. (Photo: https://doanhnhansaigon.vn)

Remittances to HCM City surge ahead of Tet

Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam's HCM City branch.

Illustrative photo (Photo: VNA)

Retail petrol prices down in latest adjustment

The price of E5RON92 bio-fuel was priced at 20,592 VND (0.82 USD) per litre, representing a 158 VND decrease from the previous baseline, while RON95-III decreased to 21,142 VND per litre, down 78 VND.