Business

Petrol prices down in latest adjustment

Retail prices of petrol were revised down on December 7 in the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Petrol prices down in latest adjustment ảnh 1Illustrative image. (Source: VNA)
Hanoi (VNA) – Retailprices of petrol were revised down on December 7 in the latest adjustment bythe Ministry of Industry and Trade and the Ministry of Finance.

Those of RON 95-III and E5 RON 92were cut by 668 VND and 509 VND to 22,322 VND (0.92 USD) and 21,290 VND perlitre, respectively.

Meanwhile, the prices of diesel,kerosene and mazut were reduced to 19,721 VND, 20,922 VND and 15,527 VND per litre orkilogram respectively.

The ministries decided not to usethe petrol and oil price stabilisation fund.

Since the beginning of this year, petrol prices haveundergone 35 adjustments, with 18 up, 13 down, and four unchanged.

The price adjustment is intendedto ensure that the fluctuation of petrol and gas prices in the country is inline with changes in prices in the world while encouraging the use of biofuelas well as minimising negative impact on socio-economic development, productionand business activities, among others./.
VNA
#retail prices #Ministry of Industry and Trade #Ministry of Finance #oil price stabilisation fund #Vietnam #VietnamPlus #Vietnam news
Follow VietnamPlus

Related News

See more

PM Pham Minh Chinh speaks at the event (Photo: VNA)

PM spotlights solidarity, cooperation, dialogue at annual business forum

Vietnam will maintain political stability and social order, push three strategic breakthroughs in institutional reform, hard and soft infrastructure, and quality human resources, while restructuring the economy and reforming the growth model, sustaining macroeconomic stability, and bolstering connectivity between domestic and FDI enterprises, said PM Pham Minh Chinh.

Officers of the Vam Lang border guard station in Dong Thap disseminate information on the prevention of illegal, unreported and unregulated (IUU) fishing and present a national flag to members of a local ship. (Photo: VNA)

Dong Thap province’s fishing cooperation models prove effective

According to Tran Thi Be Bay, Deputy Director of the provincial Department of Agriculture and Environment, the cooperative groups and cooperatives have members engaging in logistics services, such as purchasing seafood at sea and supplying fuel to fishing vessels, thereby helping fishermen stay longer at sea and increase productivity.

Vietnam’s pepper exports maintain strong growth momentum of over 25%, earning nearly 1.4 billion USD in the first ten months of 2025. (Photo: VNA)

Pepper exports maintains over 25% growth

According to the Vietnam Pepper and Spice Association (VPSA), the country exported 19,430 tonnes of pepper in October, including 16,464 tonnes of black and 2,966 tonnes of white pepper, with a total value of 129.5 million USD.

Vietnam's dragonfruits for export (Photo: VNA)

Tay Ninh expands middle East–Africa markets for farm produce

Leveraging its position as a gateway linking the Southeast and Mekong Delta regions, Tay Ninh province is asserting its role as a strategic hub in expanding agricultural supply chains to Muslim markets, especially the Middle East and Africa, which have emerged as promising destinations for Vietnamese agricultural exports, particularly Halal-certified products.

Vietnam’s Trade Counselor in India Bui Trung Thuong and Nguyen Phi Van, Chairwoman of Go Global Holdings, cut the ribbon at the opening ceremony of a Three O’Clock coffee shop at AIPL Joy Central. (Photo: tuoitre.vn)

Three O’Clock brings Vietnamese coffee to India’s billion-people market

This milestone on November 8 came 11 months after the signing of an international franchise agreement between Three O’Clock (a brand under the Teatime limited company) and its exclusive master franchise partner for the Indian subcontinent FranGlobal. Under the deal, FranGlobal will develop the brand in India, Nepal, Sri Lanka, and Bangladesh, committing to a minimum of 100 outlets within a decade.

A Vietjet flight attendant offers gifts to international passengers during a flight. (Photo: courtesy of Vietjet)

Vietjet reports strong growth in Q3, announces 20% stock dividend

In Q3, Vietjet's air transport revenue reached 16.728 trillion VND, with a pre-tax profit of 393 billion VND. Cumulatively, for the first nine months of the year, the company reported air transport revenue of 52.329 trillion VND and a pre-tax profit of 1.987 trillion VND, which increased by 28% year-on-year.

Nguyen Duc Thien, General Director of Vietnam Electricity (EVN)’s Northern Power Corporation (centre), chairs the working session with credit rating organisation Fitch Ratings (Photo: npc.com.vn)

Fitch Ratings affirms Northern Power Corporation at ‘BB+’ with stable outlook

The rating reflects EVNNPC’s standalone credit profile of ‘BB+’, which is on par with both parent company EVN and Vietnam’s sovereign rating of ‘BB+/Stable’. Fitch said the alignment of EVNNPC’s rating with EVN’s reflects the state-owned parent’s full ownership and the high likelihood of government support, consistent with Fitch’s Parent and Subsidiary Linkage Rating Criteria.

Vietnamese Ambassador to Brazil Bui Van Nghi (right) meets with President of the Brazilian Association of Soybean Producers (Aprosoja) Mauricio Buffon in Brasilia. (Photo: VNA)

Vietnam, Brazil boost agri-trade cooperation

The Vietnamese ambassador expressed the country’s desire to increase the export of aquatic products, cashews, wood items, processed farm produce, apparel, mobile phones, computers, and electronic components to Brazil.

A dancing performance at the opening ceremony of the 2025 K–Vietnam Pop-up Festa in Dalat on November 8 (Photo: VNA)

K-Market Vietnam 2025 held in Lam Dong

The event features a series of cultural and trade exchange activities between Vietnam and the Republic of Korea (RoK), with more than 100 Lam Dong and Korean enterprises showcasing typical products from both sides.

Workers handle the preliminary processing of sea grapes before production. (Photo: VNA)

Company brings Vietnamese sea grapes to the world

The Tri Tin Seaweed Company, founded by Le Ben, has pioneered a new path for the province’s aquaculture sector by establishing a fully integrated production chain, applying high-tech processes, and adhering strictly to international standards.

Prime Minister Pham Minh Chinh addresses the 21st meeting of the State steering committee for national key projects in the transport sector. (Photo: VNA)

Entire Cao Bang - Ca Mau expressway must be inaugurated on December 19: PM

PM Chinh, who is head of the steering committee, asked all parties involved to strive hard to achieve the goal of putting 3,000 kilometres of expressways and approximately 1,700 kilometres of coastal roads into operation in 2025, thus creating momentum to welcome the 14th National Party Congress and meeting the travel needs of the people during New Year 2026 and the Lunar New Year Festival.