Retail price of gas up by VND 38,000 per 12 kg canister
The retail price of gas in Ho Chi Minh City today increased by VND 38,000 ($1.9) per 12 kg canister to about VND 335,000 (16.75).
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Gas businesses such as Petrolimex gas, SaigonPetro gas, Gia Dinh gas and Vinagas said that the increase is due to the $140 per tonne rise in the price of imported gas to $925 for December delivery.
Representatives of gas businesses said that the world price of gas suddenly rose due to speculation while the world price of oil did not go up sharply.
This is the fourth month in a row the domestic price of gas has gone up.
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