Business

Fuel prices cut slightly on August 12

Retail prices of some petrol products were reduced slightly in the latest review by the Ministry of Industry and Trade and the Ministry of Finance, with effect from 3pm on August 12.
Fuel prices cut slightly on August 12 ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) - Retail prices of some petrolproducts were reduced slightly in the latest review by the Ministry of Industryand Trade and the Ministry of Finance, with effect from 3pm on August 12.

The two ministries review fuel prices every 15 days tomake adjustments in accordance with fluctuations in the global market.

The price of RON95-III was cut by 51 VND per litre to amaximum of 14,922 VND per litre.

The price of E5RON92 remains unchanged at 14,409 VNDper litre.

The price of diesel 0.05S and kerosene are now at amaximum of 12,201 VND and 10,207 VND per litre, respectively, down 200 VND and72 VND per litre.

The price of Mazut 180CST 3.5S is also unchanged, atno more than 11,183 VND per kg.

Amid the complex developments of the COVID-19 pandemic,the two ministries have decided to use the petrol price stabilisation fund tokeep retail prices of petrol and mazut stable and reduce diesel and keroseneprices./.
VNA
#petrol products #Vietnamplus #Vietnam News Agency #Ministry of Industry and Trade #Ministry of Finance #RON95-III #fuel prices Vietnam
Follow VietnamPlus

Related News

Petrol prices rise in latest review

Petrol prices rise in latest review

Retail petrol prices rose sharply from 3pm on June 12 - the third hike in the past month - following the latest review by the Ministry of Industry and Trade and the Ministry of Finance.

See more

Luxury apartment projects in downtown Ho Chi Minh City (Photo: VNA)

Ho Chi Minh City's housing market sees price stabilisation, sharper buyer segmentation

According to Avison Young Vietnam, improved planning and infrastructure development have helped ease market uncertainty and prevented a complete freeze. More than 25,000 apartments are expected to enter the market in multiple launches between 2027 and 2030, with many projects scheduled to benefit from infrastructure improvements around 2030.

Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang speaks at the forum (Photo: VNA)

Vietnam, Georgia look to more business opportunities

For Vietnamese firms, Georgia can serve as a gateway to broader regional markets, given its strategic location connecting the South Caucasus, Central Asia and China with European markets via the Black Sea.

Chairman of the Vietnamese Business Association in Laos (AVILA) Duong Dinh Bang (Photo: VNA)

PM’s visit injects fresh momentum into Vietnam-Laos special relations

At the 2026 Laos-Vietnam Investment Promotion Conference in Vientiane, the two PMs held direct dialogue with businesses and investors from both countries, affirming their determination to address bottlenecks in institutional frameworks, administrative procedures, transport infrastructure and payment connectivity. The goal of these efforts is to boost bilateral trade to 10 billion USD by 2030.

Deputy Secretary of the An Giang provincial Party Committee and Secretary of the Party Committee of the Phu Quoc special zone Dinh Van Noi speaks at the dialogue (Photo: baoangiang.com)

Phu Quoc moves to resolve infrastructure bottlenecks ahead of APEC 2027

Deputy Secretary of the An Giang provincial Party Committee and Secretary of the Party Committee of the Phu Quoc special zone Dinh Van Noi said an official information portal will be launched to receive public feedback, while hotlines for local leaders will allow businesses and residents to raise concerns directly.

Deputy Minister of Industry and Trade Phan Thi Thang at the forum. (Photo: VNA)

Vietnamese firms explore investment opportunities in Georgia

Priority areas with great cooperation potential include manufacturing, logistics infrastructure, renewable energy, tourism, hospitality, information and communications technology (ICT), and business process outsourcing (BPO), said a Georgian official.

Prime Minister Le Minh Hung and delegates launch the digital platform of the Vietnam Association of Small and Medium Enterprises (August 2026). Photo: VNA

Vietnamese businesses, entrepreneurs make growing contributions to national development

Vietnam Entrepreneurs’ Day is an opportunity to recognise businesses’ contributions and reinforce the entrepreneurial spirit, the pursuit of legitimate prosperity and national responsibility. With stronger policies and greater innovation, Vietnamese enterprises are expected to play an increasingly important role in economic growth and the country’s ambition to become a strong, prosperous nation.

A view at a CO.OPMART supermarket in Bac Ninh city (Photo: bacninh.gov.vn)

Bac Ninh’s CPI up 4.07% in nine months

The consumer price index (CPI) in Bac Ninh city rose 4.07% year-on-year in the first nine months of 2026, with housing and construction materials, education and transport recording the sharpest increases, according to the municipal Statistics Office.

Vietnam's textile - garment and footwear industries are aiming to shift from processing and assembly to stages with higher added value, increasing technology content and competitiveness. (Photo: VNA)

Vietnam’s supporting industries seek stronger domestic links

As global supply chains undergo major changes and environmental standards and digital technology requirements become more demanding, developing supporting industries has become essential to improving the competitiveness of the economy. This requires coordinated efforts by the Government, multinational corporations and domestic businesses.

Prime Minister Le Minh Hung speaks at the meeting (Photo: VNA)

PM orders power plan overhaul to meet double-digit growth

Securing adequate power supply is an urgent priority and a prerequisite to successfully achieve socio-economic development goals 2026, a foundational year for accelerating progress, with breakthroughs to follow in 2027 and the goals for the full term to be delivered, said Prime Minister Le Minh Hung.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam speaks at the meeting (Photo: VNA)

Top leader pledges support for firms, presses tech self-reliance

The country needs more firms that master technologies, build trusted brands and run production networks able to compete globally. Progress over the next five to 10 years must show up in productivity, job quality and market position, said top leader To Lam.