next article

Vietnam’s gasoline prices reach record with new hikes
By Dinh Quan - Thanh Nien News -
Vietnam’s retail gasoline prices have reached a record high after fuel distributors raised retail petrol prices by up to around 1 percent on Tuesday with the approval from the Ministry of Finance.

State-owned Petrolimex, Vietnam’s leading fuel importer and distributor, increased the price of 92-octane (92 RON) gasoline by 0.85 percent to VND24,900 (US$1.18) per liter at Tuesday noon.

It is the highest-ever price of 92 RON.

The price of 95 RON gasoline also increased by 0.83 percent to VND25,400 ($1.2) per liter.

Diesel with 0.05 percent sulphur content was up 0.75 percent to VND22,680 ($1.07) per liter, the firm said in a statement.

The price of kerosene increased by 0.58 percent to VND22,480 ($1.06) per liter.

The Ministry of Finance, which approved the hikes, said the prices of world oil products are increasing.
The last time Vietnam increased gasoline prices was on March 19.

Like us on Facebook and scroll down to share your comment