The retail price of RON 92 petrol rises by  271 VND - Illustrative image (Source: VNA)

Hanoi (VNA) – The Ministries of Industry and Trade, and Finance decided to increase the retail price of RON 92 petrol by 271 VND to a maximum of 18,146 VND (79.8 US cents) per litre from 3pm of November 4.

The price of E5 bio-fuel rose by 224 VND to maximum 17,858 VND per litre, while the prices of diesel and kerosene up 201 VND and 199 VND to 14,611 VND a litre and 13,198 VND a litre, respectively.

This is the 21th adjustment of fuel prices this year, with nine falls and eight increases.

The two ministries also decided to keep using the price stabilisation fund for RON92 petrol and E5 biofuel at 300 VND per litre.

Meanwhile, the use of the fund for diesel was 250 VND per litre .-VNA