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Hanoi (VNA) – The Ministry of Industry and Trade, and the Ministry of Finance decided to reduce the retail prices of petrol products from 3pm on August 22.
Accordingly, the price of E5RON92 bio-fuel dropped by 458 VND to 20,424 VND (0.82 USD) per litre, while that of RON95-III fell by 535 VND to 21,317 VND per litre.
Meanwhile, the price of diesel 0.05S is capped at 18,776 VND per litre, a decrease of 454 VND per litre and kerosene is now priced at no more than 19,149 VND per litre, down 423 VND. Mazut oil 180CST 3.5S is sold at 15,756 VND per kg, down 489 VND.
The two ministries decided not to use the petrol price stabilisation fund in this adjustment./.