Ho Chi Minh Times

Thursday, Nov 21, 2024

Vietnam Reduces Fuel Prices Nationwide Effective November 14

Ministries of Industry and Trade and Finance announce cuts in gasoline and diesel prices
Vietnam's Ministries of Industry and Trade and Finance have implemented a nationwide reduction in fuel prices, effective from 3 p.m. on November 14. The popular RON95-III gasoline now costs VND20,607 per liter, a decrease of VND247, while E5 RON 92 bio-gasoline is priced at VND19,452 per liter, down by VND292. Diesel oil has been reduced by VND344 to VND18,573 per liter, and kerosene now sells for VND18,988 per liter, a drop of VND306. Heavy fuel oil prices have also decreased by VND385 to VND16,009 per kilogram. Notably, the ministries have maintained a policy of no surcharges on all fuel types during this adjustment.

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