Kerosene

Local fuel prices ease little The Saigon Times An employee of a gas station in Hanoi is seen refilling a scooter. Fuel retail prices in the local market were revised down slightly by VND100-VND200 per liter or kilogram at 3 p.m. today, July 27 – PHOTO: VNA HCMC – Fuel retail prices in the local market were revised down slightly by VND100-VND200 per liter or kilogram at 3 p.m. today, July 27, according to an announcement jointly issued by the ministries of Industry and Trade and Finance. E5 RON92 bio-fuel and RON95-III gasoline are priced at VND20,490 and VND21,680 per liter, down an unnoticeable VND110 and VND100, respectively. The retail prices of diesel oil and kerosene dipped nearly VND200 per liter to VND16,375 and VND105 per liter to VND15,390, respectively, while the price of heavy fuel oil fell VND150 per kilogram to VND15,520. During this fuel price adjustment, the two ministries decided not to extract money from gasoline products to replenish the … [Read more...] about Local fuel prices ease little

Retail petrol prices were down about 100 VND per litre from 3pm on July 27 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance. Illustrative image (Photo: VNA) The retail price of E5RON92 bio-fuel dropped 112 VND to a maximum of 20,498 VND (0.89 USD) per litre, while that of RON95-III down 102 VND to no more than 21,681 VND per litre. The prices of diesel 0.05S and kerosene also went down 162 VND and 105 VND to 16,375 VND and 15,398 VND per litre, respectively. According to the two ministries, the prices of petrol and oil in the global market had been fluctuating, mostly increases, for the past 15 days. The ministries review fuel prices every 15 days to keep domestic prices in line with the global market. … [Read more...] about Petrol prices down slightly on July 27

MoF suggests reducing trading board lot size from 100 to 10 on HSX The Ministry of Finance has suggested reducing the trading board lot size from 100 to 10 and providing favourable conditions for companies to list again on the Ho Chi Minh City Stock Exchange. Specifically, from July 5, the fresh trading system of the Ho Chi Minh City Stock Exchange (HSX) has officially been put into operation. According to the MoF, the congestion has been basically addressed, stabilising market sentiment, and demonstrating the drastic direction and management of the MoF. To further strengthen the role of securities market management and administration, the MoF required the SSC to follow the below nofitications: (1) Directing both local and foreign-invested securities companies, especially those holding large market shares to report on their technical system infrastructure in a bid to ensure stable and smooth trading. (2) Reviewing the new trading system. Moreover, HSX is encouraged to … [Read more...] about VIETNAM BUSINESS NEWS JULY 28