Business

Petrol prices up in latest adjustment

Accordingly, E5 RON92 petrol is now capped at 19,711 VND (0.75 USD) per litre, up 307 VND from the previous adjustment, while RON95-III petrol costs 20,363 VND per litre, up 452 VND.

Fuel prices rise from 3:00 pm on August 28. (Photo: VNA)
Fuel prices rise from 3:00 pm on August 28. (Photo: VNA)

Hanoi (VNA) – The Ministry of Industry and Trade, and the Ministry of Finance announced increases in retail petrol prices, effective from 3:00 pm on August 28.

Accordingly, E5 RON92 petrol is now capped at 19,711 VND (0.75 USD) per litre, up 307 VND from the previous adjustment, while RON95-III petrol costs 20,363 VND per litre, up 452 VND.

The price of diesel 0.05S was raised by 542 VND to 18,357 VND per litre, and that of kerosene increased by 411 VND to 18,225 VND per litre. Mazut saw a rise of 144 VND, now priced at 15,260 VND per kilogram.

There have been 36 fuel price adjustments since the beginning of this year.

Specifically, RON95-III petrol has experienced 20 price hikes and 16 cuts. Diesel oil price has increased 17 times, decreased 18 times, and remained unchanged once.

In this adjustment, the authorities opted not to use the petrol and oil price stabilisation fund for any of the fuel categories./.

VNA
#fuel #diesel #mazut #petrol prices #Ministry of Industry and Trade #Ministry of Finance
Follow VietnamPlus

Related News

See more

Octopus processing for export at Huy Nam Company in An Giang province. (Photo: VNA)

New opportunities for Vietnam’s seafood exports

The Vietnam-EFTA Free Trade Agreement brings together two groups of highly complementary economies. EFTA members Switzerland, Norway, Iceland and Liechtenstein have strengths in technology, innovation, finance, clean energy and sustainable development, while Vietnam is one of Asia’s most dynamic economies and is emerging as a major regional manufacturing, trade and investment hub.

The saponin content of Lai Chau ginseng can reach as high as 23.85% in its natural state, a remarkably high level compared to many other ginseng species. (Photo: baolaichau.vn)

Lai Chau ginseng development gains momentum

Blessed with rare and distinctive ecological values, the northern mountainous province of Lai Chau is stepping up efforts to conserve and develop its native ginseng, with the medicinal plant expected to play a growing role in the forest-based economy and local livelihoods.

The Vietnamese delegation poses for a group photo at the third meeting of the Vietnam-Canada Joint Economic Committee (Photo: VNA)

Vietnam, Canada broaden economic cooperation beyond trade

Vietnam is currently Canada’s largest trading partner in ASEAN. Building on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the two countries are expanding bilateral economic ties into higher value-added areas such as clean energy, critical minerals, advanced technology, manufacturing and value-chain linkages.

The Index of Industrial Production (IIP) rises 14.4% in August and 11.9% in the first eight months compared to a year earlier. (Photo: VNA)

More momentum needed for economic growth in year-end race

To build momentum for the year-end race, one of the top priorities is to accelerate public investment disbursement, ensuring 100% of the allocated plan is disbursed without allowing funds to be concentrated in the final months of the year.

Vietnamese enterprises showcase products at the Vietnam Pavilion during the Foodist Istanbul 2026 fair. (Photo: Vietrade)

Vietnamese goods gain export opportunities in Türkiye, Spain

Vietrade said the programme helped businesses gain practical market information, identify potential products and partners, and better understand requirements on quality, pricing and distribution. Such direct connections are expected to help companies adapt their products and develop more effective export strategies.

Prime Minister Le Minh Hung (left) receives WTO Director-General Ngozi Okonjo-Iweala in New Delhi, India on September 12 (Photo: VNA)

PM Le Minh Hung calls on WTO to continue support for Vietnam

Vietnam actively and responsibly participates in the WTO’s agenda and supports its coordinating role in promoting inclusive and balanced global trade for peace, cooperation and development, while effectively responding to global challenges, said Prime Minister Le Minh Hung.