Prices of bio-fuel E5RON92, RON95-III, diesel 0.05S, and FO 180CST 3.5S were left unchanged in the latest regular adjustment of prices on July 13.
VOV.VN - The retail price of petrol fell once again at 3pm on April 28 as the Ministry of Industry and Trade and the Ministry of Finance updated costs to reflect adjustments in terms of the global price of oil, representing the eighth consecutive reduction since the beginning of the year.
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 petrol have continued to see a steep fall from 3pm on November 21, following the latest adjustments by the Ministry of Finance and the Ministry of Industry and Trade.
Increases in environmental protection taxes on petroleum from the beginning of next year would weigh heavily on inflation, especially as fuel prices rise worldwide, according to the Vietnam Institute For Economic and Policy Research (VEPR).
The prices of petrol and oil increased as from 15:00 of May 23 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.
The prices of all kinds of fuel increased as from 15:00 of April 7 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.
The Ministries of Industry and Trade, and Finance decided to increase the retail price of RON 92 petrol by VND271 to a maximum of VND18,146 (US$79.8 cents) per litre from 3pm of November 4.
The prices of RON 92 petrol and bio-fuel E5 increased by 47 VND and 43 VND per litre as from 3:00 pm on November 4.
The prices of RON 92 petrol and bio-fuel E5 rose 172 VND and 160 VND per litre, respectively, from 4:30 pm on October 5.
The prices of RON 92 petrol and bio-fuel E5 rose VND156 and VND145 per litre respectively from 3:00 pm on September 20.
The prices of RON 92 petrol and bio-fuel E5 were raised VND702 (US$0.31) and VND611 (US$0.27) per litre from 3:00 pm on September 5.
The prices of RON 92 petrol and bio-fuel E5 were raised VND675 and VND975 per litre from 3:30 pm on August 19.
Companies providing transport services with automobiles must further slash fares following the recent drop in petrol prices this month, Deputy Minister of Transport Nguyen Hong Truong urged.
The Ministry of Transport has instructed relevant agencies to closely monitor fees charged by carriers to ensure the decrease in fuel prices is factored in.
Hanoi’s December Consumer Price Index (CPI) dropped by 0.23% against last month, but gained 1.55% year on year.
(VOV) - Economists have slashed the forecast for oil revenues in the period 2014-2015 as global oil prices in recent months have plummeted and may continue to fall in the coming time.
The retail selling price of petroleum will likely be reduced in the next few days, Deputy Industry and Trade Minister Do Thang Hai announced at a press conference on November 3.
Prime Minister Nguyen Tan Dung on July 16 asked leaders of finance, industry and trade to explain how they fix retail prices for petrol.
(VOV) -The United Nations Development Programme (UNDP) released a report on June 16 on green growth and fossil fuel fiscal policy in Vietnam.