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Bus fare reductions for holiday travellers

Following decreases in fuel prices, Ho Chi Minh City’s bus fares during the upcoming Tet (Lunar New Year festival) are expected to drop by 7 to 20 from last year, unveiled the municipal Ministry of Transport on January 22.
Following decreases in fuel prices, Ho Chi Minh City’s bus fares duringthe upcoming Tet (Lunar New Year festival) are expected to drop by 7 to20 from last year, unveiled the municipal Ministry of Transport onJanuary 22.

According to agency statistics, 110of 130 operators in the Mien Tay bus station and 115 of 214 operators inthe Mien Dong station have reduced transport fares thus far.

Only five operators have announced their intent to increase their ticket costs for some routes.

Currently, the industry is experiencing increased demand on the people’s travel as the holiday season quickly approaches.

On January 4, petrol prices were cut by 1,900 VND per litre, the second reduction this month.

The price of RON 95 was down to 16,270 VND while the prices of RON 92 and bio-fuel E5 were reduced to 15,670 VND.

Diesel prices were cut by 1,460 VND, resulting in a cost between 15,120 and 15,170 VND per litre.

Earlier, on January 6, average retail petrol prices were cut by 310 VND per litre.-VNA
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