Tiếng Việt
More Society... Gas prices continue to fall
Biz Directory
| 1. Vinpearl Nha Trang... Category: Hotels & Resort City: Nha Trang Image: |
| 2. Rock Water Bay Category: Attractions City: Binh Thuan Image: |
| 3. Imperial Hotel Hue Category: Hotels & Resort City: Hue Image: |
| 4. Hue Queen 1 Category: Hotels & Resort City: Hue Image: |
| 5. Hue Queen 2 Category: Hotels & Resort City: Hue Image: |
| 6. Son Tra Resort & Spa Category: Hotels & Resort City: Danang Image: |
Friday, 29 June 2012 14:32
Gas prices in Vietnam are expected to drop further due to lower prices in the world market.
Representatives from gas wholesalers said that the global market has been seeing a continuing decline in gas prices. Last weekend, contract prices decreased by an average of USD130 per tonne, compared to USD722.5 per tonne at the beginning of the month.
If the decline continues through the end of June, gas retail prices will be reduced by VND38,000 (USD1.8), to around VND310,000 (USD14.76) per 12-kg canister.
These representatives added that they received a report from the Dung Quat Oil Refinery, saying that they will resume operations on June 7.
In early June the refinery halted its operations for maintenance, but contracts for the fuel were complemented by imports.
Lower gas prices have boosted demand, to the benefit of traders. One representative said, “Our profits have increased despite the fall in prices."
Source: TBKTSG
| < Prev | Next > |
|---|
» High inflation cost the UK economy £10bn, report says
» VN's gold policy aims at market or price stabilization?
» Ryanair profits at record high despite fuel cost rise
Latest Category Posts
- Japan ends Trifluralin tests on Vietnamese shrimp
- Domestic rice exports continue to rise
- Wall Street English launches first branch in Vietnam
- IMF positive about Vietnam’s macro-economy
- CPI drops again in both major cities
- Index outstrips magic 500 mark
- VPBank, VCCorp enter partnership
- Trade deficit starts soaring in half May
- Coffee to get preferential credit loans
- Vietnam unlikely to meet 5.5% GPD growth target
Popular Category Posts
- In economic recession, Vietnamese still spend money on luxurious cars
- Vietnamese billionaires better known in western world
- Enterprises agree to first BPO partnership
- VN rice sector concerned as Thailand mulls sell-off
- Newspaper names VN’s 100 strongest brands
- The Vietnamese billionaires who return from East European countries
- MobiFone blocks 18 spam SMS numbers
- Vietnamese steel makers hurt by deficit
- VN int’l fair boosts up handicraft and wood industry
- Vietnam vows to impose heavy punishment to stop seafood material bleeding
- MOIT lends a hand to EVN to raise electricity price
- Who is the real owner of “Vinacafe”?
- Even big foreign investors cannot reach for Sabeco
- Firms say state capital manager’s role insignificant
- Officers seize GmB milk, find new violation
- Google fined $7 million over hotspot data grab
- Vietnam vows to restrain prices to curb inflation
- Fast food chains hunt for retail premises, real estate market warms up
- Cbank takes move to stabilize forex market, but not gold
- Samsung’s $2 billion project goes “incredibly quickly”
