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Tag Archives: petrol price

People find ways to adapt amid petrol price hike

Petrol prices in Việt Nam have reached an all-time record high, forcing people to find their own ways to adapt. While some ride-hailing drivers choose to work harder to make up for the loss due to the price spike, many office workers are switching to other means of transport to …

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Petrol prices surge past VNĐ31,000 a litre for first time

  The price of RON95 bio-fuel RON95 was increased by VNĐ921 to a maximum of VNĐ31,578 (US$1.37) per litre from June 1. — Photo petrolimex.com.vn HÀ NỘI — The retail prices of oil and petrol continued to rise yesterday following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance …

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Petrol price hits record level in latest adjustment

  A gas station in Hà Nội on Monday. — VNA/VNS Photo Trần Việt HÀ NỘI — The retail price of oil and petrol continued to rise from May 23 following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance. Accordingly, from 3pm, the price of …

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Petroleum demand forecast 5.2 million m3 in Q2

An oil rig in the Bạch Hổ field, under the management of Vietsopetro Group. — VNA/- VnExpress News Photo HÀ NỘI — Demand for gasoline in the second quarter is forecast at about 5.2 million cubic metres (m3). The Ministry of Industry and Trade has informed the situation of the petroleum market …

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Petrol price may go down substantially in April

  A petrol station in Hà Nội. — VNA/VnExpress News Photo Trần Việt  Compiled by Mai Hương People and businesses are expecting petrol prices will drop substantially from next month after the National Assembly (NA) Standing Committee on March 23 passed the resolution on reduction of environmental protection tax rates …

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Rising petrol prices could put brake on economy: expert

  Nguyễn Bích Lâm, former General Statistics Office director. VNA/VnExpress News Photo In just one month, retail petrol prices on the domestic market have increased three consecutive times, with the latest rise on February 11. Escalating oil and gas prices not only increase the cost of goods and services, but also the …

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