24h Economy: Gasoline prices drop sharply, lowest in 3 years

Phương Anh |

Gasoline prices drop sharply; Da Nang tourist market is ready to welcome guests; The pork market in Ho Chi Minh City is still fluctuating... are notable economic news in the past 24 hours.

Gasoline prices continue to fall sharply

In the adjustment session on March 13, the price of E5 RON 92 gasoline decreased compared to the previous adjustment period, at VND 19,281/liter (down VND 680/liter). RON 95-III gasoline price decreased compared to the previous adjustment period, at VND19,549/liter (down VND753/liter).

Prices of oil products also decreased simultaneously. Of which, diesel 0.05S is priced at VND17,898/liter (down VND435/liter); kerosene has a new price of VND18,090/liter (down VND483/liter); mazut is priced at VND16,995/kg (down VND155/kg).

Gia xang dau dong loat giam tu 15h ngay 13.3. Anh: Anh Tuan
Gasoline prices decreased simultaneously from 3:00 p.m. on March 13. Photo: Anh Tuan

Also in the operating period on March 13, the operator did not set aside or use the Petroleum Price Stabilization Fund - BOG for all petroleum products. See more...

Da Nang tourist market is ready to welcome visitors during the peak tourist season

Famous markets such as Han Market and Con Market (Da Nang) continue to bring attractive shopping and culinary experiences during the peak tourist season. Video: Nguyen Linh - Tran Thi

Warning of profit-taking pressure in the stock market

The Vietnamese stock market witnessed 7 consecutive weeks of positive increases. However, experts have also begun to warn about the increasing profit-taking pressure at this stage.

Ap luc chot loi dan lon tren thi truong chung khoan. Anh: Le Toan
Profit-taking pressure is gradually increasing in the stock market. Photo: Le Toan

Mr. Tran Hoang Son - Director of Market Strategy, VPBank Securities Joint Stock Company (VPBankS) - commented that in the acceleration phase, the group of large-cap stocks, pillars will be the main index pulling group. Meanwhile, Midcap and Penny stocks were "struggled" because these groups increased first, increasing early in the previous period.

When large-cap stocks increase, the market will tend to take profits from Midcap and Penny, returning to real estate stocks, banks, and securities. The increase may continue, but there will be differentiation, the increase of the index may not go hand in hand with the increase of the majority of stocks in the VN-Index basket but will be more selective, based on pillar stocks. See more...

The pork market in Ho Chi Minh City is still fluctuating

According to Lao Dong on March 13, pork prices in Ho Chi Minh City fluctuate between 160,000-190,000 VND/kg for retail pork. Selling prices have increased sharply compared to last month due to a shortage of supply.

Ms. Thanh Trinh - a pork trader near Thanh Da market (Binh Thanh district) said that the purchasing power is low, the price of meat import is high, so she only imports about 20kg per day but still sells it for many days. "Pork prices are increasing every day, so when selling, we have to increase them too, customers who buy a lot can reduce them by a few thousand dong, they cannot reduce them more because they will lose money" - Ms. Trinh shared.

Suc mua thit heo tai cac cho truyen thong TPHCM o muc thap. Anh: Ha May
Pork purchasing power at traditional markets in Ho Chi Minh City is low. Photo: Ha May

At Hoc Mon unit market (Hoc Mon district), which supplies about 50% of fresh pork to Ho Chi Minh City, in March 2025 alone, the price of this item has fluctuated continuously. Of which, many times the price of grade 1 wholegrain pork is up to 105,000 VND/kg.

Some businesses said that they are facing many challenges as the recent African swine fever epidemic has been complicated and re-ikerced, the price of animal feed is still high... Some units have limited sales to the market, making it impossible for businesses to buy pigs. See more...

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