The price of RON 92 declined by 862 VND per litre to 16,504 VND (0.72 USD) from 3:00pm on June 20 as decided by the Ministry of Industry and Trade and the Ministry of Finance.
Motorcyclists wait for their vehicles to be filled (Photo: VNA)
Hanoi (VNA) – The price of RON 92 declined by 862 VND per litre to 16,504VND (0.72 USD) from 3:00pm on June 20 as decided by theMinistry of Industry and Trade and the Ministry of Finance. The price of E5 bio-petrol was also cut by 805 VND perlitre, diesel 0.05S by 650 VND per litre, and kerosene by 738 VND per litre.
Therefore, the ceiling prices of E5 bio-petrol, diesel0.05S and kerosene are 16,349 VND (0.71 USD), 12,835 VND (0.56 USD) and 11,380VND (0.5 USD), respectively.
Petrol price🐓s have been reduced six times with a total decline of 2,162 VND perlitre so far this year. Meanwhile, there were t🐠hree hikes with increase ofabout 1,150 VND per litre.
The average global price of petrol products during the last 15 days to June 20was at 58,117 USD per barrel for RON 92 and 57,736 USD for diesel.
The prices of petrol and oil are adjusted ꦰevery 15days by the two ministrie෴s depending on changes in the world market. - VNA
Prices of oil and petrol products continued to decrease from 3:00pm on May 20, according to the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance the same day.
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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.
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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.
Motorcyclists wait for their vehicles to be filled (Photo: VNA) 
