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Specifically, RON 95-III gasoline dropped by VND940 to VND24,660 per liter, and E5 RON 92 gasoline fell by VND900 to VND23,720 per liter. Along with gasoline, the price of diesel oil also decreased by VND1,000 to VND22,900 per liter. Kerosene also slumped by VND1,210 to VND23,320 per liter. Fuel oil alone kept the selling price unchanged at VND16,540 per kg like ten days ago. In this adjustment, the management agency reduced the setting up level for the Fuel Price Stabilization Fund to VND70-VND100 per liter or kg compared to the previous adjustment. Accordingly, the setting up level is VND700 for E5 RON 92 gasoline, VND750 for RON 95-III gasoline, VND350 for diesel oil, VND650 for kerosene, and VND716 per kg for fuel oil. By Luu Thuy – Translated by Bao Nghi … [Read more...] about Petrol prices retreat for five consecutive times

President Nguyen Xuan Phuc (R) and Governor of Gunma prefecture of Japan Yamamoto Ichita (Photo: VNA) Hanoi (VNA) – President Nguyen Xuan Phuc on August 4 hosted a reception for Governor of Gunma prefecture of Japan Yamamoto Ichita who is on a working visit to Vietnam. high political trust , saying that regular high-level delegation exchanges, economic-investment-trade and defence cooperation , and people-to-people exchanges between the two sides have been further promoted. Participants at the reception (Photo: VNA) Japan continues to be among Vietnam's top economic partners, the biggest ODA provider, the third largest investor and the fourth trade partner of Vietnam, the President said, noting that cooperation in tourism, labour, human resources training, and local cooperation between the two countries have been also further strengthened. Gunma prefecture , especially in economic, investment bond and people-to-people exchanges, have been being actively … [Read more...] about President receives Japanese guest

Hanoi (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. - Party General Secretary Nguyen Phu Trong hosted a reception in Hanoi on August 10 for Anouphap Tounalom, Secretary of the Lao People's Revolutionary Party (LPRP) Central Committee, and Secretary of the Party Committee and Chairman of the People’s Council of Vientiane. The Party leader congratulated Laos on its comprehensive achievements, with active contributions made by the capital Vientiane. Read full story President Nguyen Xuan Phuc and Ambassador of Israel Yaron Mayer (Photo: VNA) - President Nguyen Xuan Phuc received in Hanoi on August 10 Ambassador of Kuwait Yousef Ashour Al-sabbagh and Ambassador of Israel Yaron Mayer, who came to present their credentials. At his meeting with Ambassador Al-sabbagh, President Phuc affirmed that Vietnam always attaches importance to and wishes to enhance the traditional friendship with Kuwait, one of the leading economic … [Read more...] about ☀️ Morning digest August 11

Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 11. - A Government to Business (G2B) conference was opened on August 11, providing a platform where the Government can explore the private sector’s opinions and proposals. Presided over by Prime Minister Pham Minh Chinh, the hybrid event brought together cabinet members, representatives from Party and National Assembly’s committees, local administrations, industry leaders, and businesses. Read full story - National Assembly (NA) Chairman Vuong Dinh Hue has sent a congratulatory letter to the newly-elected Japanese President of the House of Councillors Hidehisa Otsuji. In the letter, the Vietnamese top legislator showed delight at the progress of the Japan-Vietnam Extensive Strategic Partnership for Peace and Prosperity in Asia, including the ties between the two legislatures. Read full story - The National Assembly (NA) Standing Committee looked into the … [Read more...] about ☕ Afternoon briefing on August 11

The capital city is committed to accompanying the business community in promoting industrial products using advanced and environmentally friendly technologies with high-added value. Hanoi is pushing for the development of industrial infrastructure and key industrial products, seen as the driving force for the capital city’s sustainable economic growth. Thang Long Industrial Park in Dong Anh District, Hanoi. File photo During the first six months of 2022, the municipal Department of Industry and Trade started the construction of six industrial parks and is working on accelerating 38 other projects in the city. For the 2021-2025 period, Hanoi aims for supporting industries to make up 30% of the total value of industrial production, an increase of 5% from the current level; raise the value of key industrial products to 40-45% of total industrial production, and expects 10% of businesses in Hanoi to stay among Vietnam’s top 500 companies. To realize this goal, … [Read more...] about Hanoi promotes industrial infrastructure development for sustainable growth

Vietnam has been recording over 571,000 new Covid-19 cases a week on average, which is only behind South Korea (713,000 cases), the U.S. (760,000 cases) and Japan (1.4 million cases), according to a World Health Organization report. But the report did not mention Vietnam among countries with top Covid deaths. The WHO said the high numbers of recorded cases in Vietnam were partly because of extra data provided by certain localities, which were recorded since February. Over the past week, the northern port city of Hai Phong added another 402,830 cases to its tally and the northern province of Thai Nguyen added another 152,485 cases, the Ministry of Health said. Vietnam records around 2,000 new Covid-19 cases a day on average over the past week, the ministry added. There has been a spike in the number of new Covid-19 cases as reported on Thursday, with 6,775 new cases, which is three times that of the average number of new cases recorded in the previous week, the ministry said. … [Read more...] about Vietnam has 4th highest number of weekly Covid cases worldwide: WHO