Hanoi (VNA) - The prices of RON 92 petrol and E5 bio-fuel were reduced ♚by 258 VND per litre from 3 pm on December 3♑, the 21st adjustment so far this year.
With the reduction, the price of RON 92 petrol will not be higher than 16,769 VND (0.74 USD) per litre and that of E5 bio-petrol will not surpass 16,301 VND (0.72 USD) per litre .
The price of diesel also dropped by 283 VND, while that of kerosene and fuel oil (FO) fell by 446 VND and 384 VND, respectively.
The adjustment made the current petrol price lower than the level at the beginning of this year by around 1,000 VND per litre while the diesel price decreased by 5,300 VND.-VNA
The retail price of petrol was reduced by 260 VND to 20,120 VND (93 US cents) per litre starting from 3pm of July 20, in the wake of falling global fuel prices, the Ministry of Industry and Trade (MOIT) said.
Retail petrol prices were raised by 612 VND (0.027 USD) per litre as of September 18 following five price cuts in a row since July 4 with a combined reduction of 3,000 VND (0.133 USD) per litre.
The domestic retail price of petroleum was reduced by 136 VND, bringing it to 18,003 VND (80 US cents) per litre as of 3pm on October 19, the Ministry of Industry and Trade said.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
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Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
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The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Illustrative image (Photo:VNA)
