Refineries directed to operate at maximum output

Thursday, Apr 02, 2026

The Bình Sơn Refining and Petrochemical Joint Stock Company, and the Nghi Sơn Refining and Petrochemical Company Limited need to optimise operations under technically feasible conditions to contribute to increasing the supply of petroleum products to the domestic market amidst...

Kerosene temporarily excluded from fuel base pricing

Wednesday, Apr 01, 2026

The Ministry of Industry and Trade has temporarily suspended the use of kerosene in the calculation of fuel base price until April 28, according to the ministry’s Decision 571 dated March 28.

Việt Nam proposes extending fuel tax cuts to the end of June

Tuesday, Mar 31, 2026

The Ministry of Finance has proposed extending tax cuts on gasoline, diesel and jet fuel until June 30, 2026, in a bid to stabilise domestic fuel prices and support economic growth amid global market volatility.

Gov't proposes halving fuel taxes to ease price pressure

Tuesday, Mar 24, 2026

Under a draft resolution of the National Assembly’s Standing Committee, the taxes on gasoline (excluding ethanol-blended fuel) and diesel are proposed to be halved to VNĐ1,000 and VNĐ500 per litre, respectively. The tax on jet fuel is proposed to be...

Fuel prices slashed as stabilisation fund deployed

Wednesday, Mar 11, 2026

The price of RON95-III petrol – the most widely used grade – fell by VNĐ3,880 to VNĐ25,240 (US$0.95) per litre.

Firms face rising pressure from fuel prices

Wednesday, Mar 11, 2026

Recent fuel price increases triggered by escalating Middle East tensions are placing fresh pressure on production and business as costs rise significantly.

Retail fuel prices increase sharply after global oil surge

Saturday, Mar 07, 2026

The retail price of E5RON92 biofuel rose by VNĐ3,777 (US$0.14) to a maximum of VNĐ25,226 per litre. The price of RON95-III gasoline increased by VNĐ4,707 to VNĐ27,0

Việt Nam rolls out urgent measures to safeguard domestic energy security amid escalating Middle East tensions

Saturday, Mar 07, 2026

With Resolution 36 issued on March 6, the Government aims to ensure stable petroleum supply, maintain flexible fuel price management and optimise the use of domestic gas resources to prevent fuel shortages.

Ministry requests no interruption in petrol supply

Saturday, Feb 28, 2026

The Ministry of Industry and Trade on Friday required key oil and gas traders, producers and distributors to implement measures to ensure domestic fuel supply amid the complex situation in the global oil market.

Fuel fight as Việt Nam’s tough new mileage rules face pushback

Wednesday, Sep 17, 2025

The draft fuel economy standards at 4.83 litres per 100 km by 2030 must push nearly all gasoline – powered car models off the market, Vietnam Automobile Manufacturers Association (VAMA) said, calling for a roadmap with softer fuel economy rules.

Petrol prices up slightly, diesel price dips

Thursday, Aug 21, 2025

E5 RON92 petrol was capped at VNĐ19,464 (US$0.74) per litre, up VNĐ110 and RON95-III rose VNĐ208 to VNĐ20,092 per liter.

Petrol prices increase, diesel price drops in latest adjustment

Thursday, Jul 31, 2025

Domestic petrol prices increased slightly while the price of diesel reduced from 15:00 on Thursday following the latest price adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Fuel prices surge from 3pm on June 19

Thursday, Jun 19, 2025

Retail fuel prices were raised starting from 3pm on June 19

Adjustment to petrol price regulation scheduled after National Reunification holiday

Tuesday, Apr 29, 2025

As Thursday, May 1, 2025, coincides with the Labour Day holiday, the next price adjustment following the session on April 24 will be postponed to May 5, 2025.

Petrol prices fall for second consecutive adjustment

Thursday, Apr 17, 2025

This marks the second consecutive in domestic RON95 prices, which have now reached their lowest level in four years.