Workers at a Petrolimex petrol station prepare for petrol prices adjustment (Photo: VNA)

Hanoi (VNA) - The Ministry of Industry and Trade and the Ministry of Finance decided to increase the retail price of RON 92 petrol by 434 VND to a maximum of 18,580 VND (0.82 USD) per litre from 3:00pm on November 20.

Following a joint decision by the Ministries, the price of E5 bio-fuel rose by 385 VND to a maximum 18,243 VND (0.8 USD) per litre, while the prices of diesel and kerosene up 408 VND and 419 VND to 15,019 VND (0.66 USD) a litre and 13,617 VND (0.6 USD) a litre, respectively.

This is the 22nd adjustment of fuel prices this year, with nine falls and nine increases.

[Petrol price up 271 VND per litre]

The two ministries also decided to keep using the price stabilisation fund for RON92 petrol and E5 biofuel at 600 VND per litre.

Meanwhile, the use of the fund for diesel was 300 VND per litre.-VNA