The retail prices of oil and petrol were adjusted down starting from 3 pm on June 17 following a decision made by the ministries of Finance, and Industry and Trade.
The prices of oil and petrol climbed nearly 1,000 VND (0.043 USD) per litre after the latest regular adjustment by Ministry of Finance and the Ministry of Industry and Trade on March 2.
The retail prices of oil and petrol will be kept unchanged for the next 15 days, the ministries of Finance and Industry and Trade announced on January 16.
Consumption of bio-fuel E5 RON 92 nationwide increased 31.8% in the first half of this year to 1.78 million cubic metres, according to the Ministry of Industry and Trade.
The Ministry of Industry and Trade on July 6 worked with petrol wholesalers on the roadmap to replace RON 92 petrol with E5 bio-fuel from 2018.
The ministries of industry and trade and finance have raised retail petrol prices for the first time in 2017.
Retail prices of RON 92 petrol and E5 bio-fuel increased by VND304 and VND301 per litre, respectively, from 7:00 pm on December 5, according to the Ministries of Industry & Trade and Finance.
E5 bio-fuel will replace A92 petrol by June 2017 as many localities in the country are using the bio-fuel product, the Ministry of Industry and Trade (MoIT) said.
Retail prices of RON 92 petrol and E5 bio-fuel increased by 441 VND and 392 VND per litre, respectively, from 16:45 pm on October 20.
The second phase of a project funded by the Japan International Cooperation Agency (JICA) has made practical contributions to protecting the environment of Ha Long Bay – a UNESCO-recognised World Natural Heritage, heard a conference in Quang Ninh province on August 31.
The retail prices of RON 92 petrol and E5 bio-fuel increased by VND243 and VND239 per litre, respectively, from 3:00pm on May 20.
The prices of RON 92 petrol and E5 bio-fuel increased VND518 and VND551 per litre, respectively, as from 5 p.m. on April 5.
The national strategy on developing renewable energy sources until 2030 and a vision to 2050 has just been approved by the Prime Minister.
Production cost is the major barrier for the development of renewable energy in Vietnam, an official from the Institute of Energy told a workshop in Hanoi on November 21.
Hanoi will officially sell bio-fuel E5 at 42 petrol stations from next month onwards, according to the municipal Department of Industry and Trade.