The price of bio-fuel E5 was kept unchanged while diesel 0.05S and kerosene increased slightly by VND360 and VND495 per litre, respectively, in the latest regular adjustment of petrol and oil prices as of 3pm on Thursday.
Experts and businesses are raising concerns about the shortage of E5 bio-fuel supply as there are two months left for E5 to be fully replaced RON 92 petrol.
Deputy Prime Minister Hoang Trung Hai has asked the Ministry of
Industry and Trade (MoIT) and the Ministry of Finance (MoF) to complete
the draft decree on petrol trading.
The A.M. Best Company, the world''s oldest insurance rating and
information source, has upgraded the financial strength rating of Viet
Nam''s PVI Insurance Corporation (PVI Insurance) from B+ to B++.
The Ministry of Finance on Wednesday allowed petrol and gasoline
distributors to increase prices of petrol to a maximum of VND584
(2.78 cent) to VND24,214 ($1.15) per litre.