Fuel prices continue sharp drop in latest adjustment

Retail fuel prices in Việt Nam were sharply reduced from 16:00 on April 21 following the latest adjustment by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance.

 

Fuel prices see a sharp decline in the latest adjustment. —VNA/VNS Photo

 

HÀ NỘI — Retail fuel prices in Việt Nam were sharply reduced from 16:00 on April 21 following the latest adjustment by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance.

Accordingly, the price of E5RON92 biofuel is capped at VNĐ21,934 (US$0.83) per litre, down VNĐ658 per litre from the previous level, while RON95-III gasoline now costs no more than VNĐ23,042 per litre, a decrease of VNĐ719 per litre.

The price of diesel 0.05S was reduced significantly to a maximum of VNĐ27,856 per litre, down VNĐ3,185, while 180CST 3.5S mazut oil is capped at VNĐ19,631 per kilo, a drop of VNĐ701.

In this price management period, the authorities decided to allocate funds to the Petroleum Price Stabilisation Fund at VNĐ200 per litre for biofuel, VNĐ400 per litre for gasoline, and VNĐ600 per litre or kilo for diesel and mazut oil. However, they opted not to disburse the funds for any petroleum products

Việt Nam’s fuel prices remain lower than those in several neighbouring countries, including Thailand, Cambodia, Laos and China, according to the MoIT. — VNS

 

  • Share:

see also

Arabica coffee ambitions brew in Sơn La

Arabica coffee ambitions brew in Sơn La

The province had approximately 26,120 hectares of Arabica coffee, with an estimated output of 37,724 tonnes of green coffee beans by the end of last year.
Việt Nam must improve DPPA, energy storage framework to accelerate green transition

Việt Nam must improve DPPA, energy storage framework to accelerate green transition

Organised by the Vietnam Chamber of Commerce and Industry (VCCI) and Diễn Đàn Doanh Nghiệp (Business Forum) magazine, the event gathered policymakers and industry representatives to discuss how to accelerate renewable energy adoption and ensure stable power supply.
Standard Chartered Vietnam leads the way in cross-border carbon trading

Standard Chartered Vietnam leads the way in cross-border carbon trading

Standard Chartered Vietnam has successfully structured and executed a cross-border environmental commodities transaction with Sustainability Investment Promotion and Development Joint Stock Company (SIPCO), a private company in Việt Nam specialising in developing sustainable projects.
Hà Nội targets comprehensive overhaul of industrial parks toward greener, smarter models

Hà Nội targets comprehensive overhaul of industrial parks toward greener, smarter models

Only about 20–25 per cent of enterprises are genuinely high-tech, while most remain focused on processing and assembly.
Airlines expand intl routes to capture summer travel surge

Airlines expand int'l routes to capture summer travel surge

Vietnamese airlines are accelerating fleet expansion and launching new international routes to capture rising travel demand ahead of the summer 2026 peak season.