Do More With Reuters
Partner Services

Vietnam to cut retail petrol prices -Petrolimex

Thu Aug 14, 2008 8:09am IST
 
Email | Print | | Single Page
[-] Text [+]

HANOI, Aug 14 (Reuters) - Vietnam is due to cut retail petrol prices later on Thursday, an official from top importer and retailer Petrolimex said.

"The prices will be lower from 10 am (0300 GMT) because of falling world prices," the official said, declining to specify how much prices would be reduced.

Petrolimex has been retailing the popular 92-octane petrol grade at 19,000 dong ($1.15) per litre, which it raised from 14,500 dong per litre on July 21. (Reporting by Nguyen Nhat Lam; writing by Ho Binh Minh; editing by Kim Coghill)

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
Pledge to support economies

G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.  Full Article | Related Story 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Sanjay Sinha
Balancing Act

In India, it is a tough choice between growth, managing inflation and financial stability.  Full Article 

 
Nipun Mehta
Road to Recovery

There needs to be an acceptable balance created between education and healthcare and infrastructure spend, says Nipun Mehta of SG Private Banking.   Full Article 

 
Robot Asimo

Snapshots of Honda Motor's humanoid robot Asimo  Slideshow 

 
Marketing Strategy
Marketing Strategy

Companies are now using direct marketing methods to sell their products.  Full Article 

 
Exit Plans
Exit Plans

Factbox - Stimulus exit plans for Asia-Pacific's big 5 economies  Full Article