Diesel price also reduced VND412 a liter to VND16,136, kerosene slid VND473 a liter to VND15,062, mazut price decreased VND265 a kilogram to VND12,444 on the same day.
According to requirements by the Ministry of Industry and Trade and the Ministry of Finance, businesses must contribute VND100 a liter of E5RON92 gasoline they sold to the price stabilization fund. The contribution level is VND500 a liter of RON95 and diesel, VND400 a liter of kerosene and VND200 a kilogram of mazut.
Businesses have been asked not to spend the fund on stabilizing the prices of all petrol products.