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Vietnam: Cooking gas price increases by $1.18
HANOI — The price of gas in HCM City and the southern provinces spiked by VND27,000 (US$1.18) for a 12kg canister of cooking gas with effect from August 1.
Accordingly, the retail price for consumers will increase to VND300,000-305,000 per 12kg canister.
Gas traders explained that the latest hike was on account of the $85 per tonne increase in the world gas price this month over the previous month’s level, taking it to $440 per tonne.
Therefore, the price of domestic gas had to be adjusted in accordance with the market.
Suppliers and distributors announced the increase in price on July 31.
Agents, gas shops and consumers in HCM City and the southern provinces have been informed about the new gas prices. — VNS
Source: http://vietnamnews.vn/economy/381197/cooking-gas-price-increases-by-118.html#OU8Zvb5d5Mo18Fzo.99