Don julio 1942 retail price

Vegetables grown in a greenhouse in Hải Lăng District, the central province of Quảng Trị. The price drop also affects high-quality vegetable products. — VNA/VNS Nguyên Lý Viet Nam News QUẢNG NGÃI — Farmers of the southern central province of Quảng Ngãi are now suffering a severe crisis due to the catastrophic drop in vegetable prices. Some 1,000 ha of vegetables in local farms could become raw material for fertilisers instead of making it to markets. “Vegetable prices have hit bottom this year,” several local farmers told Tiền Phong (Vanguard) Newspaper. At the present, the wholesale price of a kilogram of vegetable is VNĐ1,000 (US$0.04), falling 50 times below the price this time last year. Special kinds of vegetables which are usually served at restaurants, such as lettuce or cabbage, are faring the same way. Nguyễn Hiệu, head of Nghĩa Dũng Commune Farmers’ Association in Quảng Ngãi City, said that at the end of 2017, vegetable prices ranged from VNĐ16,000 to 20,000 … [Read more...] about Vegetable prices fall severely

Nothing wrong with recent power price hike: ministry The Saigon Times Daily A worker installs a power transmission line. The Ministry of Industry and Trade has confirmed that the recent power price hike was appropriate - PHOTO: THANH HOA HCMC - The Ministry of Industry and Trade’s decision to raise the electricity price by 8.36% on average is in line with the Electricity Law and the Government’s relevant decisions and directives, according to a report sent to the Government. The report, sent by the ministry, discusses the formulation, issuance and deployment of Decision 648/QD-BCT on the adjustment of the average electricity retail price and regulations on electricity prices, Nguoi Lao Dong newspaper reported. The ministry stated that the new electricity price was announced in line with the Pricing Law. In addition, electricity bills for March were calculated based on Vietnam Electricity Group’s (EVN’s) process and the Government’s regulations. The higher power … [Read more...] about Nothing wrong with recent power price hike: ministry

Cooking gas price to increase tomorrow By Tam An Two delivery men carry gas cylinders in this file photo. The retail price of cooking gas on the local market will increase by VND1,417 per kilogram from March 1 - PHOTO: VNA HCMC – The retail price of cooking gas on the local market will be revised upward by VND1,417 per kilogram from tomorrow, March 1, due to the rising world gas price, retailers announced today, February 28. A 12-kilogram gas cylinder will cost between VND345,000 and VND360,000, up VND17,000. Meanwhile, 45-kilogram and 50-kilogram cylinders will sell for VND1.3 million and VND1.45 million, respectively. Local gas trading firms attributed the price hike to the gas contract price increase in March by US$50 per ton month-on-month, to US$505 per ton. The gas price has been revised up for two consecutive months year-to-date, with the VND1,000 per kilogram price hike in January. As for other important fuels such as petrol and oil, their imported … [Read more...] about Cooking gas price to increase tomorrow

Fuel prices rise for third consecutive time The Saigon Times Daily Motorcycles are refilled at a gas station in HCMC. Domestic fuel prices edge up on May 2 - PHOTO: TAM AN HCMC – The Ministries of Industry and Trade and Finance have announced a hike in retail fuel prices by some VND1,000 per liter of gasoline and by VND350 per liter of oil today, May 2, the local media reported. E5 bio-fuel inched up VND985 to some VND20,600 per liter, while RON 95 gasoline is now sold at VND22,190, up VND956. The retail prices of diesel oil 0.05S and kerosene increased by VND311 and VND363 per liter to VND17,695 and VND16,625, respectively. Meanwhile, the heavy fuel oil 3.5S sells for VND16,002 per kilogram, up VND385 per kilogram. Accordingly, local fuel traders were allowed to get VND925 from the national fuel price stabilization fund for each liter of E5 RON92 bio-fuel sold and VND283 for each liter of RON95 petrol sold. Besides this, the extraction level was kept … [Read more...] about Fuel prices rise for third consecutive time

Stabilization fund tapped to keep fuel prices unchanged By Minh Tam A staff of a gas station refills a motorbike in HCMC – PHOTO: MINH TAM HCMC – Fuel prices were kept unchanged yesterday, as the Ministry of Industry and Trade and the Ministry of Finance allowed fuel wholesalers to use thousands of Vietnamese dong from the fuel price stabilization fund to stabilize local petrol prices. Accordingly, fuel outlets were permitted to use VND2,801 from the fund for every liter of E5 RON92 bio-fuel petrol sold to compensate for the gap between the base and retail prices, up VND801 against the previous adjustment. Meanwhile, fuel traders are allowed to spend VND2,061 per liter of RON95 gasoline against the previous VND1,250. For diesel oil, kerosene and heavy fuel oil, fuel wholesalers can use VND1,343 per liter, VND1,065 per liter and VND1,640 per kilogram, respectively, from the fund for price stabilization. As the petrol price stabilization fund was tapped for this … [Read more...] about Stabilization fund tapped to keep fuel prices unchanged

Fuel prices cut for third time since early May By Tam An A customer pays for gasoline at a gas station in HCMC. Fuel prices on the local market dropped sharply today, June 17 - PHOTO: THANH HOA HCMC – The retail fuel prices on the local market today, June 17, slid VND239 to VND1,089 per liter, the third consecutive decline since early last month. The ministries of Industry-Trade and Finance decided to revise downward the retail price of RON95 gasoline by VND1,085 to VND20,130 per liter. Meanwhile, a liter of E5 biofuel is now sold at VND19,230, down VND986. The prices of diesel oil 0.05S and kerosene also fell VND737 and VND614 to VND16,650 and VND15,610 per liter, respectively. In addition, heavy fuel oil 180CST dropped VND239 to VND15,110 per kilogram. Thus, the prices of E5 biofuel and RON 95 gasoline have fallen by more than VND1,400 and VND2,060 per liter, respectively, since the beginning of May. The two ministries also required fuel traders to extract … [Read more...] about Fuel prices cut for third time since early May

Trade ministry refutes news about 100% people approving power price hike The Saigon Times Employees of EVN Hanoi maintain power lines. The Ministry of Industry and Trade said that since the beginning of the year, it has yet to increase power retail prices - PHOTO: VNA HCMC – The Ministry of Industry and Trade issued a press release last night rejecting news on social media that 100% of local residents were happy with its move to increase electricity prices. The ministry said that since the start of the year, it has not increased power retail prices. At a meeting of the Steering Committee for Price Management on April 21, the prime minister ordered the ministry not to raise electricity prices throughout this year. To support businesses and local households affected by the coronavirus pandemic, the ministry had asked the prime minister to approve a plan to reduce the electricity prices and bills of its customers in three months. After the Government’s Resolution … [Read more...] about Trade ministry refutes news about 100% people approving power price hike

Fuel price stabilization fund should be disbanded: Deputy Minister The Saigon Times Daily A woman has her motorbike refilled at a gas station in HCMC’s District 3. The fuel price stabilization fund has to be kept active for the time being, since fuel price governance is still in need of State intervention – PHOTO: VNA HCMC - The fuel price stabilization fund should be disbanded due to multiple inadequacies related to the use of the fund over time, though Vietnam needs to keep the fund active for the time being, since fuel price governance is still in need of State intervention, Deputy Minister of Industry and Trade Do Thang Hai told a press briefing on April 5. Vietnam has yet to fully switch to a market economy, thus State agencies have to remain involved in fuel price governance for price stabilization, Hai said, citing a conclusion of the Government. With more than ten years of regulating local fuel prices, the trade ministry noted that using the fund has always … [Read more...] about Fuel price stabilization fund should be disbanded: Deputy Minister

Local fuel prices continue to escalate By Tam An A gas station in HCMC’s District 1. Local fuel prices rose sharply for the second consecutive time in April this year – PHOTO: THANH HOA HCMC – Domestic fuel retail prices rose by VND300-VND1,200 per liter, with E5 RON92 bio-fuel and RON95-III gasoline seeing the sharpest increases of VND1,120 and VND1,200 per liter, respectively. The ministries of Industry and Trade and Finance released an announcement on the fuel price adjustment, which took effect from 3 p.m. today, April 17. Apart from adjusting the prices of gasoline, local fuel wholesalers were allowed to revise upward the prices of diesel oil 0.05S by VND300 per liter, kerosene by VND290 per liter and heavy fuel oil 180CST 3.5S by VND407 per kilogram. The ceiling price of bio-fuel gasoline E5 RON92 is now VND19,700 per liter, while that of RON95-III petrol is VD21,235 per liter. Meanwhile, diesel oil 0.05S and kerosene are now priced at VND17,380 and … [Read more...] about Local fuel prices continue to escalate

PM demands clarification of electricity price calculation The Saigon Times Daily Prime Minister Nguyen Xuan Phuc chairs the monthly Cabinet meeting for April on May 4 – PHOTO: VGP HCMC – The method of calculating electricity prices is not scientific and persuasive enough, causing frustration among the public in recent days, said Prime Minister Nguyen Xuan Phuc at a monthly Cabinet meeting today, May 4. The Government leader gave special attention to recent hikes in electricity and fuel prices, reported the Vietnam News Agency. PM Phuc said that as a market economy, it is impossible for Vietnam to subsidize power and fuel prices. The Government had already weighed the power price increase before making the decisions. He noted that the hikes in electricity and fuel prices at the same time have caused grave concerns among the general public. Therefore, the Cabinet leader has asked the Government Inspectorate and the Ministries of Finance and Industry-Trade to … [Read more...] about PM demands clarification of electricity price calculation