On the afternoon of June 21, the inter-Ministry of Industry and Trade – Finance decided to adjust retail gasoline prices every 10 days.
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During this adjustment period, the inter-Ministry decided to increase E5 RON 92 gasoline to 185 VND/liter with a maximum retail price of 31,302 VND/liter. For gasoline RON 95 is also adjusted to increase by 500 VND/liter with the maximum retail price of 32,873 VND/liter. This is the 6th consecutive price increase.
Not only increasing the price of gasoline, but also oil products, at this operating period, the inter-Ministry also decreased sharply. Specifically, the selling price for diesel oil is 30,010 VND/liter, kerosene is 28,780 VND/kg.
Talking to Knowledge Online, the leader of a focal business in Ho Chi Minh City said that as of June 11, the average price of finished gasoline in the Singapore market is currently 350-450 VND higher than the domestic retail price of gasoline. /liter. If in the upcoming operating period, the executive agency does not spend the stabilization fund, the prices of these items may increase by about 350-450 VND/liter.
However, the price of gasoline this time may increase lower than the previous operating periods, hovering around 400 VND/liter. If it is as forecasted by experts, in this operation, domestic gasoline products will increase sharply for the 7th time in a row, bringing gasoline prices closer to the unprecedented level in history of 33,000 VND/liter. .
Previously, government information said that the Ministry of Finance submitted to the Government to submit to the Standing Committee of the National Assembly to adjust the environmental protection tax rate for gasoline, oil and grease to the floor level in the tax bracket until the end of December 31, 2022. Specifically, for gasoline, it decreased from 2,000 VND / liter to the floor level of 1,000 VND / liter, diesel oil decreased to the floor level of 500 VND / liter, fuel oil and lubricants to the floor level of 300 VND / liter; for kerosene products: Keep at 300 VND/liter because this is the floor level in the tax bracket.
From January 1, 2023, the environmental protection tax rate for gasoline, oil and grease will continue to comply with Resolution No. 579/2018/UBTVQH14 of the UBTVQH. In case the Resolution is issued in July 2022, it is recommended that the Resolution take effect from August 1, 2022 to ensure the implementation.
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