Hanoi (VNA) - Retail petrol prices were adjusted upwards on May 28 in the latestreview by the Ministry of Industry and Trade and the Ministry of Finance.
From 3pm onMay 28, the price of E5 RON92 biofuel rose 882 VND to a maximum of 12,402 VND(0.53 USD) per litre and RON95-III by 890 VND to 13,125 VND (0.56 USD) perlitre.
Prices ofdiesel 0.05S and kerosene, meanwhile, are now 10,749 VND and 8,757 VND perlitre, up 892 VND and 875 VND per litre,respectively. Mazut 180CST 3.5S is now selling for 9,492 VND per kg, up 947 VNDper kg.
The twoministries review fuel prices every 15 days and make adjustments in accordancewith fluctuations in the global market.
As theCOVID-19 pandemic is showing signs of easing in the world, many countries havebegun to resume production and business activities, pushing up demand for fuel,resulting in rising prices of petrol and oil./.
The retail prices of petrol continued to be adjusted down for the seventh time this year on April 13 in the latest regular review of the Ministry of Industry and Trade and the Ministry of Finance.
The retail prices of petrol were revised downwards on April 28 for the eighth time this year as a result of the latest review of the Ministry of Industry and Trade and the Ministry of Finance.
The Vietnam National Petroleum Group (Petrolimex) incurred a loss of over 1.8 trillion VND (78.2 million USD) in the first quarter due to the impact of COVID-19, according to its financial statement announced on May 5.
Retail petrol prices were adjusted upwards on May 13 in the latest review by the Ministry of Industry and Trade and the Ministry of Finance after being cut eight times in succession this year.
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A refilling station of Petrolimex (Photo: VNA) 
