Accordingly, the maximum retail price of E5 RON92 petrol has been set at 19,196 VND (0.76 USD) per litre, up 74 VND; and that of RON95-III petrol at no more than 19,565 VND per litre, a modest increase of 33 VND.
E5 RON92 petrol is now capped at 19,180 VND (0.74 USD) per litre, up 403 VND from the previous adjustment, while RON95-III petrol costs 19,594 VND per litre, up 415 VND.
Under the new pricing structure, E5 RON92 and RON95-III have increased by 341 VND and 495 VND per litre to a maximum of 20,373 VND (0.79 USD) and 20,919 VND per litre, respectively.
The price of E5RON92 bio-fuel was priced at 20,592 VND (0.82 USD) per litre, representing a 158 VND decrease from the previous baseline, while RON95-III decreased to 21,142 VND per litre, down 78 VND.
The retail prices of petrol were revised up on January 9 afternoon following the latest adjustment by the Ministries of Industry and Trade, and Finance.
The Ministry of Industry and Trade, and the Ministry of Finance have decided to reduce the retail sale prices of petrol products from 3pm on November 14.
The retail prices of E5RON92 bio-fuel and all petrol products increased from 3pm on June 27 following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
The retail prices of E5RON92 bio-petrol and all oil products increased from 3pm on May 23 following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance.
The retail prices of petrol remained unchanged while oil prices have been increased since 3 pm on June 12 in the latest price adjustment made by the Minister of Industry and Trade and the Ministry of Finance.
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.