Tuesday , November 26 2024

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Gasoline distributors demand changes to price mechanism

Gasoline distributors demand changes to price mechanism

Fuel retailers are worried about defaulting on loans or going bankrupt since they get no commissions, while wholesalers complain about losses due to foreign exchange rate fluctuations. At a seminar held to gather opinions on a proposed government decree on trading of gasoline and oil products on Feb.14, fuel firms …

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Dollar slips against dong

Dollar slips against dong

The U.S. dollar inched down against the Vietnamese dong on the black market but steadied at banks Thursday morning. Unofficial exchange points sold the greenback at VND23,695, down 0.02% from Wednesday. Vietcombank sold the dollar at VND23,790, unchanged. The rate at Techcombank was VND23,798, up 0.03%, and at ACB was …

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