From 17:00 of July 17, the retail price of RON95-III increased 718 VND to a maximum level of 21,235 VND per litre, while the ceiling price of bio-fuel E5 RON 92 was up 626 VND to 20,279 VND per litre.
The prices of oil and petrol have climbed over 400 VND (0.017 USD) per litre following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance on July 2.
The retail prices of oil and petrol were adjusted down starting from 3 pm on June 17 following a decision made by the ministries of Finance, and Industry and Trade.
The retail prices of oil and petrol were adjusted down from 3 pm on June 1 following a decision made by the ministries of finance and industry and trade.
The Ministry of Industry and Trade and Finance Ministry revised up petrol prices on May 2, marking the third time they had made price adjustments after using the price stabilisation fund.
The Ministry of Industry and Trade and Ministry of Finance on March 18 announced that petrol prices will be kept unchanged compared to the latest regular adjustment.
The Government is considering withdrawing a proposal from the Ministry of Finance (MoF) to increase environmental taxes on fuel products to the maximum of 8,000 VND (0.35 USD), stating the move requires further consideration.
The prices of oil and petrol have been kept unchanged after the latest regular adjustment by Ministry of Finance and the Ministry of Industry and Trade on February 15.
The retail prices of oil and petrol will be kept unchanged for the next 15 days, the ministries of Finance and Industry and Trade announced on January 31.
The retail prices of oil and petrol will be kept unchanged for the next 15 days, the ministries of Finance and Industry and Trade announced on January 16.
Consumption of bio-fuel E5 RON 92 nationwide increased 31.8 percent in the first half of this year to 1.78 million cubic metres, according to the Ministry of Industry and Trade.
Wholesale petrol traders should make more efforts to raise the market share of bio-fuel E5 in the country, said Deputy Minister of Industry and Trade (MoIT) Do Thang Hai.
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