Keyword: "petrol and oil prices"

The price of E5 RON92 biofuel is capped at 21,784 VND (0.83 USD) per litre, down 1,474 VND from the previous maximum price while that of 0.05S diesel is set at no more than 26,866 VND per litre, a decrease of 785 VND.

The PM stressed that fuel shortages must not occur under any circumstances while prices should follow market fluctuations with appropriate state regulation.

Vietnam recorded year-on-year growth of 3.15% in the 2022 consumer price index (CPI) while core inflation increased 2.59%, the General Statistics Office (GSO) said on December 29.

The State Bank of Vietnam (SBV) has been consistent in its policy to strictly control the credit flows into areas with high risks such as real estate and securities, and the policy will continue to be implemented in 2022 and following years, said SBV Deputy Governor Dao Minh Tu at a regular Government press conference on June 4.

The price of bio-fuel E5 was kept unchanged while those of diesel 0.05S and kerosene increased slightly by 380 VND and 500 VND per litre respectively in the latest regular adjustment of petrol and oil prices on April 23.