Accordingly, the retail price of RON95 bio-fuel dropped by 632 VND to a maximum of 29,192 VND (1.28 USD) per litre, while that of E5RON92 was adjusted down by 655 VND to no more than 28,330 VND per litre.

At a gas station in Hanoi.

This is the first decline following seven consecutive hikes of petrol prices in 2022, with total increases amounting to over 6,500 VND per litre.

The two ministries also decided to use the petrol price stabilisation fund at a rate of 200 VND per litre for E5 RON 92, and 50 VND per litre for RON 95, and 400 VND per litre for diesel.

The world petrol prices have shown a tendency to increase again over supply reduction concerns, the Ministry of Industry and Trade said.

Gold prices bounce back after drop

Gold prices bounced back Wednesday morning after closing Tuesday with a decline as global rates fluctuate around the previous historic peak as the Russia-Ukraine crisis continues.

Vietnam gold prices surge to new peak

Vietnam gold prices rose to another new peak Wednesday, continuing its climbing trend in recent weeks as the Russia-Ukraine tension remains high.

Gold prices soar to new peak

Vietnamese gold prices hit a new all-time high of VND64.8 million (US$2,838.4) per tael Thursday as global rates skyrocketed amid tensions over the Ukraine situation.

Ministry to cut Covid-19 test prices by 30 percent

The new ceiling price of Covid-19 tests will be up to 30 percent lower than the current one, according to the Ministry of Health’s recent circular effective from February 21.

Phuc Hoa early ripening lychee earns consumption contract with selling price of 30,000 VND per kg

(BGO) –The High-tech Application Center for Plant and Export (Hanoi city) has recently committed to support in caring procedure then buy all lychees grown under GlobalGAP standard in Phuc Hoa commune, Tan Yen district (Bac Giang province) for export, confirmed Ngo Van Tiep, Chairman of Phuc Hoa commune People’s Committee.

Source: NDO/VNA