Business

Petrol prices drop in latest review

The retail prices of petrol were reduced as from 3pm on October 31, the second downward revision this month.
Petrol prices drop in latest review ảnh 1A filling station of Petrolimex (Photo: VNA)

Hanoi (VNA) - The retail prices of petrol were reduced as from 3pm onOctober 31, the second downward revision this month.
Specifically, the price of E5 RON92 was down 218 VND to 19,252 VND (0.83 USD) per litre atthe highest, and that of RON95-III also fell by 350 VND to 20,445 VND per litre.
Meanwhile, the prices of diesel 0.05S and kerosenewere capped at 16,057 VND and 15,137 VND per litre, dropping 166 VND and 121 VND per litre, respectively. Mazut 180CST 3.5S is sold at no more than 12,517 VND per kilogramme,down 299 VND per kg.
The Ministry of Industry and Trade and the Ministry ofFinance review fuel prices every 15 days to adjust domestic prices inaccordance with fluctuations in the global market.
According to the two ministries, the average prices of petroland oil in the world market followed a declining trend in the 15-day period before the latest pricereview, leading to thistime's reduction./.
VNA
#petrol prices#retail prices of petrol#E5 RON92#RON95-III#diesel#kerosene#fuel prices#Ministry of Industry and Trade#Ministry of Finance#updated Vietnam news#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Inflation around 3.3 – 3.5 percent this year: Deputy PM

Inflation around 3.3 – 3.5 percent this year: Deputy PM

The Steering Committee for Price Management held a meeting in Hanoi on September 27, during which Deputy Prime Minister Vuong Dinh Hue said that if there are no unexpected factors, this year’s inflation can be kept at around 3.3 – 3.5 percent.
CPI increases by 0.59%

CPI increases by 0.59%

Vietnam's CPI in October increased by 0.27 percentage point to 0.59% compared to September.
CPI in October shows three-year high rise

CPI in October shows three-year high rise

The Consumer Price Index (CPI) in October picked up 0.59 percent from September, the biggest increase for the same month during the past three years, the General Statistics Office (GSO) announced on October 29.

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.