RON95 fell 0.51% to VND23,320 ($0.98) per liter.

E5 RON92 went down 0.53% to VND22,420.

An employee pumps gasoline into a motorbike at a fuel station in Ho Chi Minh City.

Diesel decreased for the fourth time in a row by 2.6% to VND20,250.

The next price change is scheduled on March 11.

The Ministry of Finance said Monday that Vietnam's current national fuel reserve is at 6-7 days of net imports, and to pump that figure to 15 days by 2025 and 30 by 2030, the country would need to spend annually VND4.1 trillion.

State’s coffers for now can only cover one-third of that figure.

Petrol prices increase slightly under latest adjustment

The retail prices of petrol were increased in the latest adjustment on January 3 by the Ministry of Industry and Trade and the Ministry of Finance.

Petrol prices down by 1,500 VND per litre under latest adjustment

The retail prices of petrol were reduced further in the latest adjustment on December 12 by the Ministry of Industry and Trade, and the Ministry Finance.

Petrol prices continue to drop

Petrol prices continued to decrease in the latest adjustment made on December 1, by the Ministries of Industry and Trade, and Finance.

Petrol prices record third consecutive increase

Retail prices of oil and petrol recorded the third consecutive increase from 3pm on November 1, following the latest adjustment by the Ministries of Industry and Trade, and Finance.

Petrol prices up in latest adjustment

Retail prices of oil and petrol increased starting from 3pm on October 11, following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.

Source: VnExpress