The retail prices of petrol have been reduced for the eleventh
consecutive time this year, falling by VND320 per litre on Saturday, the
Viet Nam National Petroleum Group (Petrolimex) said.
The Ministry of Finance on Wednesday sent a document to domestic fuel
wholesalers directing them to maintain the current retail prices of
petrol as Tet (Lunar New Year) approaches.
Fuel wholesalers were told to keep fuel retail prices stable whilst
urging them to dip into the nation''s price stabilisation fund for petrol
to offset losses.
