The price of cooking gas will be even cheaper this month following an adjustment from retail gas distributors yesterday. — Photo nhandan

HA NOI (VNS) — The price of cooking gas will be even cheaper this month following an adjustment from retail gas distributors yesterday.

The retail price of a 12-kg canister was cut down by VND17,000 (US$0.81) to VND364,000 ($17.33).

This followed an earlier sharp cut in April, when domestic gas distributors slashed the retail price by VND24,000 ($1.14) to around VND381,000 ($18.14) per 12-kg canister.

Do Trung Thanh, deputy sales manager of Sai Gon Petrol, again attributed this decline to a fall on the world market. He said the price of imported gas in May had dropped by $57.5 per tonne against April's price to reach $755 per tonne.

Domestic gas prices have decreased continuously since the beginning of this year, falling VND7,000 per 12-kg canister in January, VND13,000 in February, VND4,000 in March, VND24,000 in April and VND17,000 in May. — VNS