Price Management Department, under Ministry of Finance and Ministry of Industry and Trade has issued Document No 142 to approve the suggestion of key petroleum traders about increasing the petroleum price. Starting from 0:00 AM of July 01, the new price will be applied all over the country.
In detail, prices for A95 petroleum will be increased to 14,700 dong per litre; A 92 petroleum at 14,200 dong per litre.
The price of diesel 0.05S will be up 600 dong to 12,100 dong per litre and that of diesel 0.25S was raised to 12,050 dong per litre.
Price of FO will rise from 10,000 dong to 10,600 dong per kilogram, kerosene at 13,650 dong per litre.
In addition, with the purpose of lowering the pressure for enterprises, Ministry of Finance recently issued Decree No 133/2009/TT-BTC dated June 30 to decrease the import tax for kerosene products from 35 percent to 30 percent. This new tax will be applied for customs declaration forms, starting from July 06.
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