Gas prices will increase by 5,000 VND per cylinder from June 1st.

On May 30th, gas companies such as PetroVN Gas, Saigon Petro, and Gia Dinh Gas in Ho Chi Minh City announced that retail gas prices would increase by 5,000 VND per 12kg cylinder starting June 1st.

Accordingly, the retail price of gas in Ho Chi Minh City is commonly between 396,000 and 399,000 VND per cylinder. Meanwhile, Petrolimex Gas adjusted the price upwards by 4,000 VND per cylinder.

This is the second price increase since the beginning of 2014, with a total increase of 13,000 VND per bottle - Photo: Le Son

According to the companies, the reason for the increase in retail gas prices is that world import gas prices settled at $835/ton, an increase of $17.5/ton compared to May.

This is the second price increase since the beginning of 2014, with a total increase of 13,000 VND per cylinder. Prior to this, gas prices had been continuously decreasing, with a total reduction of 93,000 VND per 12kg cylinder.

According to what I read in the newspaper.