Retail prices of petrol were revised down on December 7 in the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Those of RON 95-III and E5 RON 92 were cut by 668 VND and 509 VND to 22,322 VND (0.92 USD) and 21,290 VND per litre, respectively.
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Illustrative image.
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Meanwhile, the prices of diesel, kerosene and mazut were reduced to 19,721 VND, 20,922 VND and 15,527 VND per litre or kilogram respectively.
The ministries decided not to use the petrol and oil price stabilisation fund.
Since the beginning of this year, petrol prices have undergone 35 adjustments, with 18 up, 13 down, and four unchanged.
The price adjustment is intended to ensure that the fluctuation of petrol and gas prices in the country is in line with changes in prices in the world while encouraging the use of biofuel as well as minimising negative impact on socio-economic development, production and business activities, among others.
Vietnam Petroleum Group donates 20 billion VND to build Tan Son Kindergarten
BAC GIANG - On the occasion of the 60th anniversary of Uncle Ho's presence and direction at the 1st Ha Bac Provincial Party Congress (October 17, 1963 - 2023) and 128th anniversary of the establishment of Bac Giang province (October 10, 1895 - 2023), Vietnam Petroleum Group (Petrolimex) on October 8 donated 20 billion VND (over 842,000 USD) to build Tan Son commune Kindergarten in Luc Ngan district (Bac Giang province).
Petrol prices continue to rise
Petrol prices continued to increase from 3pm on August 21 in the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Petrol prices drop in latest adjustment
The retail petrol prices have been reduced by 400-500 VND per litre in the latest adjustment on July 3 by the Ministry of Industry and Trade and the Ministry of Finance.
Source: VNA
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