The Vietnam National Petroleum Group (Petrolimex) announced its cut of retail prices for some types of fuel nationwide from mid-October 13.

Petrol prices enjoyed a reduction of 670 VND per litre, with RON 95 now charged 23,490 VND while RON 92 petrol and E5 bio-petrol cost 22,890 VND.

A deeper slash of 880 VND was applied on diesel prices. 0.05S and 0.25S diesel fuels cost 20,240 VND and 20,190 VND per litre, respectively.

Meanwhile, the price of kerosene was reduced by 850 VND to 20,500 VND per litre. Fuel oil (FO) price now stands at between 17,030 VND and 17,500 VND per kilogram, reflecting a reduction of 730 VND.

This is the first reduction in fuel retail prices in October and the 15 th since the beginning of the year. The latest price cut was made on September 30.-VNA