Retail petrol prices rose sharply from 3pm on June 12 - the third hike in the past month - following the latest review by the Ministry of Industry and Trade and the Ministry of Finance.
Motorcyclists wait to have their vehicles refilled at a Petrolimex gas station (Photo: VNA)
Hanoi (VNA) - Retail petrol prices rose sharply from 3pm on June 12 - thethird hike in the past month - following the latest review by the Ministry ofIndustry and Trade and the Ministry of Finance.
The twoministries review fuel prices every 15 days to ensure domestic prices are in keepingwith the global market.
The priceof E5 RON92 biofuel increased by 988 VND to a maximum of 13,390 VND (0.57 USD)per litre and RON95-III by 955 VND to no more than 14,080 VND per litre.
Diesel0.05S and kerosene, meanwhile, now sell at no more than 11,515 VND and 9,610VND per litre, up 766 VND and 853 VND per litre, respectively.
The priceof Mazut 180CST 3.5S is now no more than 10,322 VND per kg, an increase of 830VND per kg.
Accordingto the two ministries, the prices of petrol and oil in the global market havebeen on the rise on the back of increasing demand as countries have begun resumingproduction and business activities.
Theministries also decided to use 800 VND per litre from the petrol price stabilisationfund for E5 RON92, 500 VND per litre for RON95, and 200 VND per kilo for mazut./.
Significant falls in the price of petrol, oil, non-food items, and foodstuffs were behind a month-on-month decline of 1.54 percent in the CPI in April, the General Statistics Office (GSO) said on April 29.
The consumer price index (CPI) in May decreased by 0.03 percent against the previous month and 1.24 percent against last December, but increased by 4.39 percent year-on-year, the General Statistics Office (GSO) reported on May 29.
Ho Chi Minh City’s consumer price index (CPI) in May went down 0.33 percent from the previous month and 1.38 percent compared to December 2019, according to the city’s Statistics Office.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Motorcyclists wait to have their vehicles refilled at a Petrolimex gas station (Photo: VNA) 
