The retail prices of petrol were increased as from 18:00 on October 1 after four consecutive reductions (Photo: VNA)
Hanoi (VNA) - The retail prices of petrol have been adjusted up as from 18:00 on October 1.
The Ministry of Industry and Trade and theMinistry of Finance review fuel prices every 15 days to adjust domestic pricesin accordance with fluctuations in the global market.
Specifically, the price of E5 RON92 was up 666 VND to 19,780 VND per litre at the highest, and the price of RON95-III also rose by 923 VND to 21,066 VND per litre.
Meanwhile, the prices of diesel 0.05S andkerosene are capped at 16,638 VND and 15,786 VND per litre, up 438 VND and 424 VND per litre, respectively. Mazut 180CST 3.5S is sold at no more than 14,919 VND per kilogramme, up 829 VND per kg.
This is the first increase after four consecutive times the petrol prices had been reduced since July 17. According to the two ministries, theaverage prices of petrol and oil in the world market had saw strong increasesin the 15-day period before the latest price review./.
The Steering Committee for Price Management held a meeting in Hanoi on September 27, during which Deputy Prime Minister Vuong Dinh Hue said that if there are no unexpected factors, this year’s inflation can be kept at around 3.3 – 3.5 percent.
Vietnam’s GDP expanded 6.98 percent in the January-September period, the highest nine-month growth rate over the past nine years, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam on September 28.
The consumer price index (CPI) in September rose 0.32 percent over the previous month, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam.
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.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
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.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
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.
The retail prices of petrol were increased as from 18:00 on October 1 after four consecutive reductions (Photo: VNA) 
