Petrol price falls slightly

The prices of RON 92 petrol and bio-fuel E5 fell by 124 VND and 97 VND per litre, respectively, as from 4:55 pm on October 20.

Friday, October 20, 2017 18:27

A man buys fuel at a petrol station in Hanoi. (Photo: VNA)

Hanoi (VNA) - Theprices of RON 92 petrol and bio-fuel E5 fell by 124 VND and 97 VND per litre,respectively, as from 4:55 pm on October 20.

Following a joint decision by the Ministry of Industry and Trade and theMinistry of Finance, the prices of diesel 0.05S and kerosene dropped by 434 VNDand 104 VND per litre.

Under the joint decision, RON 92 and E5 are sold at no more than 17,875 VND (0.78USD) and 17,634 VND (0.77 USD) per litre, while the ceiling prices of diesel 0.005Sand kerosene are 14,410 VND (0.63 USD) and 12,999 VND (0.57 USD) per litre.

This is the 20th adjustment of fuel prices this year, with nine falls, sevenincreases and two times unchanged.

The ministries said the global price of RON 92 during the last 15 days toOctober 20 was 66.983 USD per barrel, while that of diesel 0.05S was 68.142 USDper barrel.

They also decided to keep using the price stabilisation fund for RON 92 at 130VND per litre, and for E5 biofuel remained at 110 VND per litre.-VNA

VNA

#RON 92 petrol #bio-fuel E5 #fuel prices #Ministry of Industry and Trade #price stabilisation fund #Vietnamplus #Vietnam News #Vietnam News Agency

See more

A housing project in Ha Long city. The construction ministry is advancing a plan to reduce administrative procedures for projects that have already secured 1/500 detailed planning approval. (Photo: xaydung.gov.vn)

Cutting construction procedures to boost business environment

13/06/2025 03:24

Removing the construction permit requirement is more than a procedural update — it could be a game-changer.

Real estate bonds issued from June-December are expected to be worth about 79.77 trillion VND. (Photo: chinhphu.vn)

Real estate bond market rebounds in May

13/06/2025 01:09

May also witnessed a significant volume of early redemptions. Businesses repurchased bonds worth about 15.86 trillion VND before maturity - an increase of 6.7 % compared to the same period in 2024.

At the signing ceremony between parties (Photo published by VNA)

Ho Chi Minh City and Guangdong-Hong Kong-Macau Greater Bay Area Investment - Trade Forum 2025 fosters bilateral cooperation between Vietnam and China

12/06/2025 20:58

The Forum aimed to foster multi-sectoral exchange and cooperation between China, particularly the GBA, and Vietnam, especially Ho Chi Minh City.

Deputy Nguyen Van Than (Thai Binh province) (Photo: VNA)

Lawmakers scrutinise dual-city international financial centre plan

12/06/2025 19:24

Legislators expressed strong support for establishing an IFC, viewing it as a critical step toward elevating Vietnam’s financial standing and boosting economic development.

The signing ceremony is witnessed by Prime Minister Pham Minh Chinh. (Photo: VNA)

Vietnam Airlines secures 1.5 billion USD in funding from ING Bank for strategic expansion

12/06/2025 16:43

This partnership underscores ING’s strong commitment to financing Vietnam Airlines’ long-term growth.

Domestic fuel prices adjusted upward from 3pm on June 12. (Photo: VNA)

Fuel prices continue upward trend on June 12

12/06/2025 16:14

The price of E5 RON92 petrol is now capped at 19,462 VND (0.75 USD) per litre, up 199 VND from the previous adjustment, while RON95-III costs no more than 19,967 VND per litre, up 269 VND.

Eligible banks and enterprises will soon be permitted to import raw gold and produce bullion. (Photo: VNA)

Gold market to become more competitive as gold bullion monopoly ends

12/06/2025 13:29

Eligible banks and enterprises will be licensed to import raw gold and produce bullion — a function that, until now, has been exclusively assigned to a single entity.

Tax revenue surges 28.6% in first five months (Photo: VNA)

State budget revenue from tax sector rises 28.6% in five months

12/06/2025 12:29

Vietnam’s tax sector reported state budget revenue of over 1 quadrillion VND in the first five months of 2025, equivalent to 58.5% of this year's estimate and representing a year-on-year increase of 28.6%

Vice Chairman of the Binh Duong provincial People's Committee Bui Minh Tri (right) meets with Chairman of Taiwan's MiTAC Information Technology Corporation Su Liang on June 11. (Photo: VNA)

Binh Duong promotes hi-tech, digital transformation cooperation with Taiwanese group

12/06/2025 11:34

Binh Duong is always ready to closely coordinate with prestigious international investors in the technology sector, a local leader told an executive of MiTAC, a Taiwan-based technology multinational.

At the conference on June 11 (Photo: VNA)

Outlook for Vietnam's banks in 2025 remains stable

12/06/2025 11:03

The overall banking sector’s profitability in 2025 is forecast to improve slightly, with return on assets (ROA) increasing from 1.55% to 1.60%.

Vietnamese Ambassador to Cuba Le Quang Long visits the Vietnam - Cuba Cooperation Project for Rice Production Development in Calimete district during his working visit to Matanzas province. (Photo: VNA)

Vietnam-Cuba rice production cooperation project generates positive results

12/06/2025 10:15

Under the project implemented since 2003, Vietnam sent its experts to Cuba to directly guide Cuban people to change their farming methods, provided training, and donated some specialised agricultural machinery.

Minister of Industry and Trade Nguyen Hong Dien (R) meets with Senator Roger Marshall. (Photo: VNA)

Vietnam ready to further open market for US exports: Minister

12/06/2025 09:45

Regarding the ongoing negotiations on a Reciprocal Trade Agreement between the two countries, he emphasised that Vietnam remains consistent in its approach to the talks with the US, aiming for a bilateral agreement based on respect for sovereignty, independence, political system, harmonisation and balance of interests, as well as in line with international commitments and the development level of each country.

Workers package rice for export at the Thao Son food factory, a subsidiary of Loc Troi Group JSC. (Photo: VNA)

Vietnam among world’s most food-self-sufficient nations: study

12/06/2025 09:42

Vietnam’s strong performance is attributed to its robust agricultural sector, which maintains consistently high yields in key areas such as rice, fruit and vegetables, fishery products, meat, and starchy foodstuffs.

Representatives from Vietnamese localities meet with Swiss partners on the sidelines of the dialogue. (Photo: VNA)

Vietnam, Switzerland explore potential of locality-to-locality cooperation

12/06/2025 09:34

As a kick-off activity for SVEF 2025 slated to take place on June 23, the dialogue created a platform for direct discussions between Vietnamese local authorities and Swiss partners on priority areas such as smart agriculture, clean energy, technological innovation and sustainable finance.