
Petrol prices up in latest adjustment
E5 RON92 petrol is now capped at 19,180 VND (0.74 USD) per litre, up 403 VND from the previous adjustment, while RON95-III petrol costs 19,594 VND per litre, up 415 VND.
E5 RON92 petrol is now capped at 19,180 VND (0.74 USD) per litre, up 403 VND from the previous adjustment, while RON95-III petrol costs 19,594 VND per litre, up 415 VND.
Vietnam’s retail fuel prices were reduced for the second consecutive time from 3pm on May 8, under an urgent directive issued on the same day by the Ministry of Industry and Trade (MoIT).
The Ministry of Industry and Trade have announced reductions in retail fuel prices, effective from 3:00 pm on May 5.
The price drop follows global oil market fluctuations from April 3 to 9, influenced by the US's tariff hikes, rising crude inventories, and ongoing geopolitical tensions. Average global fuel prices dropped by 9–11% during the period
Petrol and diesel prices have been raised, while fuel oil has seen a slight decrease.
The retail prices of petrol were revised upward on January 16 following the latest adjustment by the Ministries of Industry and Trade, and Finance.
The retail prices of petrol were revised upward on November 28 afternoon following the latest adjustment by the Ministries of Industry and Trade and Finance.
The Ministry of Industry and Trade, and the Ministry of Finance have decided to reduce the retail sale prices of petrol products from 3pm on November 14.
The retail petrol prices were adjusted up from 3pm on November 7 by the Ministry of Industry and Trade and the Ministry of Finance.
The Ministry of Industry and Trade and the Ministry of Finance adjusted the retail prices of petrol products down from 3pm on October 3.
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.
The Ministries of Industry and Trade and of Finance have decided to increase the retail prices of petrol products, effective from 3pm on August 15.
The Ministry of Industry and Trade, and the Ministry of Finance have decided to reduce the retail sale prices of petrol products from 3pm on August 8.
The Ministry of Industry and Trade and the Ministry of Finance have decided to reduce the retail sale prices of petrol products from 3pm on July 25.
Retail prices of petrol products were slashed starting 3pm on June 6 by the Ministry of Industry and Trade and the Ministry of Finance.
The Ministry of Finance (MoF) said on June 5 that in the first five months of 2024, domestic market prices were basically stable, with market developments in line with the price management scenario set by the Prime Minister’s Steering Committee for Price Management.
Retail sale prices of petrol products were adjusted down from 3pm on May 30 by the Ministry of Industry and Trade, and the Ministry of Finance.
The retail prices of E5RON92 bio-petrol and all oil products increased from 3pm on May 23 following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance.