Iron ore is heading for the biggest monthly increase this year on
speculation that demand for imports in China may be improving, helping
to absorb a global surplus as local supplies in the largest buyer are
displaced. SEE MORE HCMC – RON92 and RON95 gasoline prices were revised down by VND330 per
liter on July 28 while diesel and kerosene were also reduced by VND350
per liter, said the Vietnam National Petroleum Group (Petrolimex)
following a joint statement by the ministries of finance and
industry-trade.SEE MORE The dollar touched the strongest in six weeks against major peers amid
optimism the U.S. recovery is gathering pace. New Zealand’s currency
fell on prospects of lower earnings for the nation’s dairy farmers. SEE MORE HA NOI (VNS) — The Viet Nam National Petroleum Group (Petrolimex)
yesterday reduced the price of RON 92 gasoline by VND330 (1.6 US cents)
to VND25,310 ($1.21) per litre. SEE MORE The Ministry of Finance plans to double the duties on imported urea
and DAP fertilizer products to 6% from the current 3% in an effort to
support sales of locally-made products and ease difficulties of local
enterprises. SEE MORE