Petrol prices increase

The Vietnam National Petroleum Corporation (Petrolimex) on Feb. 21 increase the price of petrol by 590 VND per litre.

With the adjustment, retail prices at all Petrolimex distributors nationwide will be 17,490 VND per litre for A95 petrol and 16,990 VND per litre for A92 petrol.

Petrolimex’s price increase was under Decree 84/2009/ ND-CP on trading petrol and oil products effective from December 15, 2009, and followed changes on prices of petrol and oil products on the world market.

vietnamnplus

>   Binh Duong starts new year with 120 mln USD FDI (22/02/2010)

>   Post-Tet consumer prices remain high (22/02/2010)

>   Vietnam rice farmers promised 40 pct profit margin (22/02/2010)

>   Vietnamese businesses fear impact of ASEAN-China FTA (22/02/2010)

>   Highlands expand mulberry farms (22/02/2010)

>   HCM City works hard to develop “green” economy (22/02/2010)

>   Tien Giang calls for $10.6 billion investment (22/02/2010)

>   HCM City construction work resumes (22/02/2010)

>   Zone okays underground tank plan (22/02/2010)

>   Ministry to tighten norms for mobile service promotion deals (20/02/2010)