Fuel prices to drop slightly in Vietnam
Fuel prices in Vietnam will make a slight fall as of 21:00 (local time) today in Vietnam with retail prices down VND300 – 500 per liter, according to a decision by the ministries of Finance and Industry and Trade.
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| Fuel price in Vietnam will fall VND300 - 500 per liter as off August 26, 2011 |
Prices of A95 and A92 petrol will drop VND500, at VND21,300 and VND20,800 a liter respectively. Prices of diesel and kerosene are cut 300 dongs per liter, at VND20,800 and VND20,500.
In February this year, the price of petrol went up VND2,900 ($0.14) – VND3,500 per liter.
When global fuel prices fell sharply last June, the Ministry of Finance slapped a 5 per cent import tariff on diesel and kerosene instead of cutting prices.
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