On September 21, the new price for E5 RON92 gasoline is VND24,197 per liter, up VND726 per liter, while RON95-III gasoline is priced at VND25,748 per liter, up VND877 per liter.
In the latest petrol price adjustment on January 11 by the Ministry of Industry and Trade and the Ministry of Finance, the price of petrol remained unchanged compared with those of the last adjustment.
The retail prices of oil and petrol rose sharply in the latest adjustment on July 21 by the Ministry of Industry and Trade and the Ministry of Finance.
The retail prices of RON 95 petrol and all oil products increased in the latest adjustment on July 11 by the Ministry of Industry and Trade and the Ministry of Finance.
The retail prices of petrol have been kept unchanged in the latest adjustment on September 11 by the Ministry of Industry and Trade and the Ministry of Finance.
The Ministry of Industry and Trade (MoIT) is receiving opinions for the draft decision of the Prime Minister on determining electricity retail prices for households, residential consumers and production.
As retail gasoline and diesel prices in the world soared to record highs for nearly ten passing days, the Ministry of Industry and Trade, the Ministry of Finance decided to increase the prices of petrol, starting from 3 p.m. on April 11.
The current management and operation of retail electricity prices would prolong the risk of power shortage for years to come, said Dr. Nguyen Dinh Cung, former Director of the Central Institute for Economic Management.
Petrol prices continued to be revised down from 3 p.m. on May 11, following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance.
The Vietnam Directorate of Market Surveillance signed official letter No. 548 requesting inspection and issuing harsh penalties on sellers of substandard petroleum.
On the evening of August 25, the Office of the Ministry of Industry and Trade and the Department of Domestic Market issued two documents proposing to increase the supply and output of petroleum to the market in the coming months.