The average retail price of electricity increases 3% to 1,920.373 VND (0.082 USD) per kWh from May 4, following a decision by the Vietnam Electricity (EVN) on adjusting the electricity retail prices.
The retail prices of petrol have been revised down from 3pm on February 21 by the Ministry of Industry and Trade, and the Ministry of Finance, although previous forecasts predicted that they are likely to increase.
The retail prices of petrol were revised up while prices of diesel, kerosene and mazut were lowered from 3pm on February 13 by the Ministry of Industry and Trade, and the Ministry of Finance.
The bracket of average electricity retail prices has been increased to 1,826.22 VND (0.078 USD) per kWh for the floor price and 2,444.09 VND (0.1 USD) for the ceiling price, according to the Prime Minister’s Decision No 02/2023/QĐ-TTg dated on February 3.
Retail prices of oil and petrol recorded the third consecutive increase from 3pm on November 1, following the latest adjustment by the Ministries of Industry and Trade, and Finance.
Retail prices of oil and petrol increased starting from 3pm on October 21, following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
The retail prices of oil and petrol continued to rise from June 1 following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance.
The retail prices of oil and petrol continued to rise from May 23 following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance.
The retail prices of oil and petrol were adjusted up starting from 3pm on April 21 following the latest adjustment by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance.
The Thai Cabinet has recently approved the allocation of 1.48 billion THB (about 45 million USD) from the central budget to fund programmes proposed by the Ministry of Commerce to reduce the cost of living over a period of three months, the Bangkok Post reported.
The retail prices of oil and petrol were revised down starting from 3 pm on December 10 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
The retail prices of oil and petrol were adjusted down starting from 3 pm on November 25 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
The retail prices of oil and petrol increased as of 15:00 on May 12 following the latest adjustments made by the Ministry of Finance, and the Ministry of Industry and Trade.
Authorities want to maintain the petrol price stabilisation fund as a tool to keep retail prices stable and give them the ability to intervene in the market when necessary.
The retail prices of petrol were revised downwards on April 28 for the eighth time this year as a result of the latest review of the Ministry of Industry and Trade and the Ministry of Finance.
The retail prices of petrol were reduced as from 3pm on February 29 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance, making it the fourth consecutive reduction since the beginning of 2020.
The retail prices of petrol were reduced as from 3pm on January 30 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
The retail prices of petrol and oil slightly increased from 15:00 on December 31, following the latest price review by the ministries of Industry and Trade, and Finance.
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