Topic
47 stories in this topic
In a notable development, gasoline prices in Vietnam saw a significant drop ranging from 6.47% to 18.8% late on Thursday. The widely used RON95 fuel recorded the highest decrease of 18.8%, reducing its price from Wednesday to VND24,330 (equivalent to US$0.92)…
Vietnam’s first liquefied natural gas (LNG) power cluster, constructed at a cost of US$1.4 billion, is set to commence commercial operations on January 1. The Nhon Trach 3 and 4 LNG-fired plants are located in the southern province of Dong Nai and were…
Gasoline prices in Vietnam saw a notable increase Thursday afternoon, reversing a dip to a five-week low recorded just last week. The widely used RON95 fuel rose by 0.19% to VND 20,200 (US$0.77) per liter, while biofuel E5 RON92 edged up slightly by 0.05% to…
Malaysia is taking a significant step toward fuel subsidy rationalization, with the government aiming to optimize resources for the benefit of lower-income groups. Prime Minister Anwar Ibrahim affirmed this decision on Monday, clarifying that it is designed…
Gasoline prices on Thursday hit the lowest since December 2022, having in decline for the last two months. The popular fuel RON95 dropped 1.33% to VND20,820 (US$0.84) per liter. Diesel declined by 2.06% to VND18,470. Regulators said that fuel prices in the…
On Thursday, gasoline and diesel prices climbed for the second week, with gasoline being at the highest since early December. The popular gasoline RON95 rose 2.51% to VND22,480 per liter, the highest since Dec. 7. Diesel increased by 2.49% to VND20,190, the…
Gasoline prices rose by around 2.4% while diesel prices dropped marginally on Thursday afternoon. The popular gasoline RON95 went up 2.42% to VND22,010 ($0.94) per liter. Biofuel RON92 gained 1.90% to VND20,870 per liter. Diesel dropped 0.06% to VND17,940 per…
Cooking gas prices have decreased on June 1 following the falling prices in world market. The retail prices of Petrolimex gas (including VAT) in June in Hanoi is VND371,600 ($15.82) per 12 kg cylinder; down VND33,640. Nghiem Xuan Cuong, head of the Commercial…
The price of Vietnam’s best-selling gasoline RON 95-III fell VND610 to VND23,630 ($1) per liter on Friday, while E5 RON 92 prices dropped VND490 to VND22,680. Meanwhile, the price of diesel fell by VND750 to VND19,390. Kerosene prices dropped VND250 to…
Gasoline prices rose slightly on Monday after falling to their lowest in 2 months on March 21. RON95 went up 0.39% to VND23,120 ($0.98) per liter. E5 RON92 increased by 0.28% to VND22,080. Diesel stopped its downward trend with a 0.67% rise to VND19,430.…
Vietnam is finding it difficult to sell 102 million liters of RON92, an out-of-date gasoline the country wants to replace with more RON95 in the national reserve. To obtain more space and money for today’s most common and popular gasoline RON95, Vietnam needs…
Cooking gas prices have fallen by VND16,000 (68 cents) to VND461,000 for a 12-kg cylinder in Ho Chi Minh City and other southern localities as global prices declined. Saigon Petro Co. announced the cut Wednesday after global suppliers lowered average prices…
Indonesia aims to export natural gas to Vietnam starting 2026 from the Tuna offshore block located near the Indonesian and Vietnamese maritime border, the country’s energy minister said on Friday. Southeast Asia’s biggest economy may deliver 100 to 150…
Cooking gas prices rose on Thursday in Ho Chi Minh City and other southern localities, with a 12-liter cylinder now costing VND438,000 (US$17.78), 3.06% higher than before. This is the second increase since November after prices fell for six months in a row…
Vietnam’s RON95 gasoline price dropped 0.34% to VND23,780 ($0.96) per liter after rising in the last four adjustments. E5 RON92 price fell 0.18% to VND22,670. Diesel dropped 0.72% to VND24,800. The Ministry of Finance has acknowledged an updated…
The current partial shortage of gasoline and oil has been caused by wholesalers not importing sufficient amounts, says said Deputy Minister of Industry and Trade Do Thang Hai. Commissions for retailers being cut amidst fluctuating world prices is also a…
