The retail prices of petrol were reduced as from 3pm on January 30 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Hanoi (VNA) - The retail prices of petrol were reduced as from 3pm onJanuary 30 following the latest adjustment by the Ministry of Industry and Trade and theMinistry of Finance.
Accordingly, the price of biofuel E5 RON92 was down by 577 VND to 19,268 VND (0.83USD) per litre at the highest, and that of RON95-III also fell by 791 VND to20,122 VND per litre.
Meanwhile, the prices of diesel 0.05S and kerosene stand at 16,136 VND perlitre and 15,062 VND per litre, down 412 VND and 473 VND per litre,respectively.
Mazut 180CST 3.5S is sold at no more than 12,444 VND per kilogramme, down 265VND per kilogramme./.
Saigon Petro Company Limited recently proposed policies for the development of E5 RON 92 to be reviewed over the significant declines in sales of this biofuel.
The retail prices of petrol and oil slightly increased from 15:00 on December 31, following the latest price review by the ministries of Industry and Trade, and Finance.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
Illustrative photo (Photo: VNA) 
