Business

Petrol, diesel prices fall in June 4 adjustment

The price of E5 RON92 biofuel is capped at 21,784 VND (0.83 USD) per litre, down 1,474 VND from the previous maximum price while that of 0.05S diesel is set at no more than 26,866 VND per litre, a decrease of 785 VND.

A customer has his motorcycle refilled with E10 RON95-V biofuel at a Petrolimex station in Pho Hien ward, Hung Yen province. (Photo: VNA)
A customer has his motorcycle refilled with E10 RON95-V biofuel at a Petrolimex station in Pho Hien ward, Hung Yen province. (Photo: VNA)

​Hanoi (VNA) – Vietnam’s petrol and oil prices were reduced from 3pm on June 4 following the latest adjustment by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance.

Accordingly, the price of E5 RON92 biofuel is capped at 21,784 VND (0.83 USD) per litre, down 1,474 VND from the previous maximum price. That of 0.05S diesel is set at no more than 26,866 VND per litre, a decrease of 785 VND. Meanwhile, 180CST 3.5S mazut is priced at the maximum of 19,645 VND per kilogramme, down 797 VND.

At Petrolimex stations, E10 RON95-III is being sold at 22,330 VND per litre and E10 RON95-V at 23,230 VND per litre.

In the latest price adjustment, the two ministries decided to use the petrol and oil price stabilisation fund for several fuel categories at the following rates: 500 VND per litre for biofuel, 300 VND per litre for diesel, and 300 VND per kilogramme for mazut.

The MoIT will coordinate with relevant agencies to inspect and monitor traders’ fulfilment of their responsibility for ensuring adequate fuel supplies for the domestic market and will strictly handle any violations, if detected.

As of June 4, Vietnam’s petrol and oil prices remained lower than those in neighbouring countries, according to the ministry./.​

VNA
#petrol and oil prices #Minisy of Industry and Trade #price stabilisation fund #petrol prices
Follow VietnamPlus

Related News

Customers buy petrol at a Petrolimex station in Hanoi (Photo: VNA)

Petrol prices cut from 15:00 on May 28

From 15:00 on May 28, E5RON92 petrol is capped at 23,258 VND (0.88 USD) per litre, down 1,082 VND, while RON95-III is sold for no more than 24,154 VND per litre, down 1,395 VND.

See more

Growing demand for financing for infrastructure and green transition projects is driving Vietnam’s search for new sources of capital. In the photo: A section of Noi Bai – Lao Cai Expressway. (Photo: VNA)

Vietnam seeks to unlock capital for infrastructure, green transition

As Vietnam advances its sustainable growth agenda and commitment to achieving net-zero emissions by 2050, the need for long-term capital is rising rapidly. Experts say meeting these financing requirements will depend not only on expanding available resources but also on broadening funding sources and improving project financing models.

Private technology enterprises are increasingly viewed as a driving force at the heart of the innovation ecosystem. (Photo: VNA)

Vietnam pushes to develop world-class technology startups

Vietnam’s startup ecosystem now comprises roughly 4,000 startups, 208 investment funds, 84 incubators and more than 20 startup support centres. With an estimated valuation of 75 billion USD, the ecosystem has established most of the key foundations needed for long-term growth.

Officials of the Vietnamese Ministry of Finance and the Japan International Cooperation Agency (JICA) at the meeting in Hanoi (Photo: Ministry of Finance)

Finance Ministry, JICA to hasten major joint projects

JICA President Tanaka Akihiko said he is pleased to return to Vietnam and see landmark projects of bilateral ties now operational and delivering clear benefits to the public, including Nhat Tan Bridge and Ho Chi Minh City’s metro line No. 1.

Customers conduct transactions at an Agribank office in Hung Yen province. (Photo: VNA)

Outstanding green credit reaches 828 trillion VND

To date, loans subject to environmental and social risk assessments have exceeded 5.1 quadrillion VND (some 193.6 billion USD), representing an almost 25-fold increase compared with the end of 2017 and accounting for 27.7% of total outstanding credit in the economy.

Metfone Express's fleet at the launch ceremony. (Photo: VNA)

Vietnamese firm expands into logistics sector in Cambodia

Cambodian Minister of Post and Telecommunications Chea Vandeth praised Metfone’s contributions to socio-economic development, job creation, technology transfer and bilateral connectivity. He described the launch of Metfone Express as evidence of the long-term commitment and innovative spirit of Viettel.

Vietnamese products at the fair (Photo: VNA)

Vietnamese food products gain prominence at RoK's leading food fair

Vietnamese exhibitors are showcasing a wide range of products, including processed foods, tropical fruit products, functional foods, spices and beverages. Major exporters such as Vinamilk, WestFood, TSFood, Nafoods Group, Bich Chi Food and DH Foods are among the participants.

At the Vietnam–Canada Business Forum 2026 (Photo: VNA)

Green transition creates fresh opportunities for Vietnam–Canada partnership

Rahul Malhotra, owner of RM Venturex, said the forum provided businesses with valuable insights into opportunities for deeper Vietnam–Canada cooperation. He noted that support from diplomatic channels and the engagement of both public and private sectors are helping create favourable conditions for stronger economic ties among Canada, Vietnam and ASEAN.