Petrol prices in Vietnam, in the first ten months of this year, dropped by 13.24 percent over the same period last year and this has helped to keep inflation in check, The Leader is reporting. Conversely, VN Express is reporting that petrol retailers have called on the PM for help with government-mandated petrol prices below cost price forcing retailers to sell petrol at a loss.
🇻🇳 Low petrol prices keep CPI in check, but retailers are picking up the tab
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Petrol stations run dry in parts of Vietnam as falling fuel prices squeeze retailers’ margins, despite petrol dropping below US$0.76 per litre. Meanwhile, the
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Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
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