Petrol prices fall sharply following global trend
Retail prices of petrol were revised down significantly from 3pm on May 9 by the Ministry of Industry and Trade, and the Ministry of Finance.
Retail prices of petrol were revised down significantly from 3pm on May 9 by the Ministry of Industry and Trade, and the Ministry of Finance.
Petrol prices continued to be revised down from 3pm on May 11, following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance.
The goal of maintaining inflation at 4% this year will be threatened unless viable solutions are introduced in a bid to rein in rapidly-increasing petrol prices, according to economic experts.
The retail price of petrol fell by more than VND830 per litre as of 3 p.m. on April 12 following the latest adjustments made by the Ministry of Industry and Trade and the Ministry of Finance.
Amid the ongoing complicated developments of the COVID-19 pandemic, escalating petrol prices have exerted tremendous pressure on local enterprises, especially those operating within the transportation sector, according to industry insiders.
The retail prices of oil and petrol were adjusted down as of 3 p.m. on December 10 following a decision made by the ministries of Finance, and Industry and Trade.
The retail prices of oil and petrol were adjusted down as of 3 p.m. on December 10 following a decision made by the ministries of Finance, and Industry and Trade.