Prices of oil, petrol remain unchanged in latest adjustment

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.
Prices of oil, petrol remain unchanged in latest adjustment ảnh 1Motorcyclists have their vehicles refuelled at a gas station (Source: VNA)

Hanoi (VNA) - The prices of oil andpetrol were kept unchanged following the latest adjustment by the Ministryof Industry and Trade and the Ministry of Finance on July 7.  

The two ministries review fuel prices every 15 days to adjust the prices inaccordance with fluctuations on the world market.

The ceiling price for E5 Ron92 and Ron95-III aremaintained at 19,611 VND per litre and 21,177 VND per litre, respectively. Meanwhilethat for diesel oil 0.05S stands at 17,455 VND per litre, down 5 VND per litre.

The prices of kerosene and fuel oil (FO) 180CTS3.5S are not more than 16,243 VND per litre and 14,756 VND per litre, up 189VND and 319 VND per litre, respectively.  

The global price for RON92, which is the basefor the production of E5 petrol, stood at 80.935 USD per barrel in the 15-dayperiod prior to July 7. 

RON95 was sold at 82.761 USD per barrel, diesel0.05S 86.297 USD per barrel, kerosene 87.370 USD per barrel, and FO 180CST 3.5S459.223 USD per tonne.

The petrol price stabilisation fund has beenused constantly and at a high level over the past time, particularly for petrolproducts, to mitigate the impacts of global rising commercial oil and petrolprices and contribute to curbing inflation.

This time, subsidies for E5 RON92 are 922 VNDper litre (previously 870 VND per litre) and 161 VND per litre for RON95(previously 198 VND per litre).-VNA
VNA

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.