Fuel prices hit new record low
VGP - The Ministry of Industry and Trade cut fuel prices for the tenth time this year, and the second within a fortnight, with the latest cut taking effect 11:00 am today, November 22.
The respective price cuts for diesel oil, kerosene, and fuel oil are VND585 a liter, VND459 a liter, and VND536 a kg.
Diesel oil now sells at VND18,657 a liter, kerosene VND19,250 a liter, and fuel oil VND15,141 a kg.
Current regulations stipulate that Viet Nam’s fuel prices can only be adjusted within a 15-day interval based on the price development of the global market, especially in Singapore, the country’s main source of fuel imports./.
By Kim Loan