The price of E5 bio-petrol has dropped slightly by 394 VND per litre, while that of RON95 fell by 318 VND per litre following an announcement of petrol price adjustments released by the Ministry of Finance and Ministry of Industry and Trade on December 21.
Petrol prices decreased slightly, while those of oil remained unchanged after the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance on October 22.
The petrol retail price saw its highest surge so far this year on Saturday, raising concerns over unpredictable impacts to the economy and the possible increase of goods prices during the upcoming Tet (Lunar New Year) holidays, experts said.
The prices of oil and petrol were kept unchanged following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance on July 7.
The Dung Quat Oil Refinery operated by Binh Son Refining and Petrochemical Joint Stock Company (BSR) has been in top ten eco-friendly factories in Vietnam for the second consecutive year.
The Dung Quat Oil Refinery (BSR) in the central province of Quang Ngai, the first oil refinery in the country, has been recognised among the top ten eco-friendly factories in Vietnam this year.
The price of RON 95 petrol declined by 400 VND per litre from 15:00 on February 21 as decided by the Ministry of Industry and Trade and the Ministry of Finance.
The Vietnam National Petroleum Corporation (Petrolimex) officially started selling diesel oil with Euro 5 standard and Euro 4-standard RON95 petrol nationwide from January 1, 2018.
The Vietnam National Petroleum Corporation (Petrolimex) will be the first to distribute diesel oil with Euro 5 standard in the Vietnamese market from January 1, 2018.