Hanoi (VNA) 💯– The Ministry of Industry and Trade, and the Ministry of Finance decided to reduce retail prices of petrol products from 3 pm on July 3.
Accordingly, the price of E5RON92 was capped at 19,445 VND per litre (down 1,085 VND), while that of RON95-III was 19,906 VND (down 1,210 VND) per litre.
Meanwhile, the price of diesel was adjusted to 18,408 VND per litre (down 941 VND), while those of kerosene were 18,132 VND (down 932VND) and mazut 15,807 VND per kilogramme (down 1,148 VND).
There have been 28 fuel price adjustments since the beginning of this year.
Specifically, RON95-III petrol has experienced 15 price hikes and 13 cuts. Diesel oil price has increased 14 times, decreased 13 times, and remained unchanged once.
In this adjustment, the authorities decided not to use the petrol and oil price stabilisation fund for any of the fuel categories./.
Accordingly, the maximum retail price of E5 RON92 petrol has been set at 19,196 VND (0.76 USD) per litre, up 74 VND; and that of RON95-III petrol at no more than 19,565 VND per litre, a modest increase of 33 VND.
The surge was largely driven by domestic revenue, which reached 373.9 trillion VND, meeting 77.5% of the yearly projection and rising 52.7% year-on-year.
Hanoi’s index of industrial production (IIP) rose by an estimated 5.9% year-on-year in the first six months of 2025, according to the city’s Statistics Office.
With over 25 years of experience in the life insurance and financial services industry across Asia, Kwon brings a strong track record of driving growth, operational excellence, and customer-centric innovation.
The service departs from Hanoi at 9:25 pm every Monday, Wednesday, Friday, and Sunday, and arrives in Xi’an at 1:10 am the following day. The return flight leaves Xi’an at 2:10 am every Monday, Tuesday, Thursday, and Saturday, and lands in Hanoi at 4:10 am (local time).
Efforts should focus on attracting both foreign direct investment (FDI) and domestic investment, with priority given to high-tech and environmentally friendly projects.
A Vietnam–Bulgaria business networking event has been held at the Trakia Economic Zone (TEZ) headquarters in Plovdiv, Bulgaria’s second-largest city, aiming to strengthen trade ties and support Vietnamese businesses in accessing the Bulgarian market.
Regarding the monetary policy, the PM tasked the State Bank of Vietnam (SBV) with coordinating with relevant agencies to closely monitor global and domestic economic developments and proactively, flexibly, and effectively manage the monetary policy in line with macroeconomic conditions and monetary policy objectives, as outlined in the Government’s Resolution No. 154/NQ-CP dated May 31, 2025, regular cabinet meetings’ resolutions, and the PM’s directives.
Findings from a recent business sentiment survey conducted by the NSO under the Ministry of Finance show that 37.3% of businesses expect better performance in Q3, while 43.5% forecast steady operations.
Winzenried described Ho Chi Minh City as a natural fit for an international financial centre, citing its strong regional connectivity, a young and energetic workforce, and an increasingly business-friendly environment that has attracted a wave of technology companies.
Of 691 companies listed on the Hanoi and Ho Chi Minh stock exchanges, 460 met “Information Disclosure Best Practices”, a survey on information disclosure conducted under the IR Awards 2025 programme has found.
Vietnamese Prime Minister Pham Minh Chinh had working sessions with leaders of major Brazilian corporations on the morning of July 6 (local time) in Rio de Janeiro, with a view to expanding cooperation in aviation, biofuel production, agriculture, and food processing and distribution.
Weighing 585 tonnes, the rotor — the rotating part of the generator — was placed into the stator with high technical precision, requiring close coordination among participating units. The successful installation reflects the determination and efforts of the project teams amid challenging construction conditions.
Delegates said that room for economic cooperation between the two countries is still very large and not commensurate with the potential as well as the political and diplomatic relations, especially after the two countries upgraded their relationship to a Strategic Partnership in November 2024.
The shift towards large-scale, technology-based farming in Tay Ninh was catalysed by lessons learned from the limitations of traditional small-scale models.
