Retail petrol prices were down about 100 VND per litre from 3pm on July 27 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Hanoi (VNA) - Retail petrolprices were down about 100 VND per litre from 3pm on July 27 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
The retail price of E5RON92 bio-fuel dropped 112 VND to a maximum of 20,498 VND (0.89 USD) per litre, while that of RON95-III down 102 VND to no more than 21,681 VND per litre.
The prices of diesel 0.05S and kerosene also went down 162 VND and 105 VND to 16,375 VND and 15,398 VND per litre, respectively.
According to the two ministries, the prices of petrol and oil in theglobal market had been fluctuating, mostly increases, for the past 15 days.
The ministries review fuel prices every 15 days to keep domestic prices in line with the global market./.
The consumer price index (CPI) of Hanoi in the first half of 2021 rose by 1.14 percent against the same period last year, according to the municipal Statistics Office.
The economic growth target for this year remains unchanged with two scenarios of 6 percent and 6.5 percent expansion for this year, affirmed Prime Minister Pham Minh Chinh at a regular Government meeting held in Hanoi on July 1.
Inflation is still under the Vietnamese Government’s control although it is on the rise in many regions in the world, heard a meeting jointly held by the Institute of Economics and Finance (IEF) and the Finance Ministry in Hanoi on July 2.
The Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) announced the adjustment of petrol prices to be over 850 VND higher per litre at 3pm on July 12.
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