an increase of nearly 1,000 VND per liter

Each liter of gasoline will increase by 760-920 VND, and other petroleum products (excluding mazut) will also increase by 10-180 VND depending on the type, effective from 3 PM today.

According to the joint decision of the Ministry of Industry and Trade and the Ministry of Finance today, the price of RON 95-III gasoline (the most common type on the market) increased by 920 VND, to 23,400 VND per liter; E5 RON 92 increased by 760 VND, to 22,170 VND per liter.

Similarly, the prices of other petroleum products (except for fuel oil) have also increased, now ranging from 20,540 to 20,370 VND per liter compared to 7 days ago.

Gasoline and diesel prices have changed as follows:

You may also like

Fuel prices reverse course and fall, E10 drops by nearly 1,000 VND/liter.Gasoline prices reversed course and decreased in today's price adjustment, with E10 gasoline falling to 20,415 VND/liter. Diesel prices were also adjusted downwards.

From this afternoon (July 2nd), gasoline and diesel prices will decrease.From 3 PM this afternoon (July 2nd), gasoline and diesel prices will decrease across the board, with E5RON92 gasoline decreasing by 1,055 VND/liter and diesel decreasing by 690 VND/liter.

The stock market is playing a crucial role in mobilizing and allocating resources for businesses.The Vietnamese stock market is sending noteworthy signals as fundraising activities continue to accelerate amidst an economy entering a phase requiring greater investment resources to realize double-digit growth targets.

Item	New price	Change
RON 95-III gasoline	23,400	+920
E5 RON 92 gasoline	22,170	+ 760
Diesel	20,370	+ 180
Kerosene	20,540	+ 10
Fuel oil	15,490	- 10

Units: VND/liter or kg, depending on the type.

This is the third time since the beginning of the year that domestic gasoline prices have increased. In today's price adjustment, the inter-ministerial committee continued not to draw from or utilize funds from the Gasoline Price Stabilization Fund.

The operator stated that the global oil market has risen over the past seven days, influenced by escalating tensions in the Middle East and tight oil supplies in the US amid cold weather disrupting production, which boosted buying activity by 4.5-5%.

United States - Vietnam: Don't miss

The Ministry of Foreign Affairs received a copy of the Letter of Credence for the U.S. Ambassador to Vietnam.On the afternoon of July 2nd, at the Ministry of Foreign Affairs headquarters, Mr. Le Cong Dung, Director of the State Protocol and Foreign Interpretation Department, received a copy of the Letter of Credence from Ms. Jennifer Wicks, Ambassador of the United States of America to Vietnam.

Ambassador Nguyen Quoc Dung visits and works in Minnesota, USA.From June 28-30, the Vietnamese Ambassador to the United States, Nguyen Quoc Dung, paid a visit and worked in Minnesota.

Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.

For example, the average price of refined petroleum products over the past 7 days for RON 95 was $98.45 per barrel, an increase of nearly 5%. Diesel fuel also increased by almost 1%, to $101.65 per barrel. Mazut, however, decreased to $432.02 per ton.

Mr. Minh

Source link