Petrol prices fall for second consecutive adjustment

Thursday, Apr 17, 2025

This marks the second consecutive in domestic RON95 prices, which have now reached their lowest level in four years.

Government orders orders final review of fuel trade rules

Wednesday, Apr 16, 2025

The Standing Committee of the Government of Việt Nam has assigned the Ministry of Industry and Trade to thoroughly review and regulate the rights of fuel distributors to trade with one another in accordance with the law.

Petrol prices rise in latest adjustment

Thursday, Mar 27, 2025

Petrol and diesel prices have been raised, while fuel oil has seen a slight decrease.

Petrol prices go up in latest adjustment

Thursday, Nov 28, 2024

The retail prices of petrol were revised upward on November 28 afternoon following the latest adjustment by the Ministries of Industry and Trade and Finance.

Petrol prices revised down on September 5

Thursday, Sep 05, 2024

Retail sale prices of petrol products were adjusted down from 3pm on September 5 by the Ministry of Industry and Trade and the Ministry of Finance.

Petrol prices inch up on Thursday

Thursday, Aug 15, 2024

The Ministries of Industry and Trade and of Finance have decided to increase the retail prices of petrol products, effective from 3pm on August 15.

VCCI says petrol should be excluded from special consumption tax

Thursday, Aug 15, 2024

The Vietnam Chamber of Commerce and Industry (VCCI) proposed that the Ministry of Finance, the drafting agency of the draft Law on Special Consumption Tax, should consider removing petrol from the list of products with a special consumption tax imposed...

Petrol retail prices revised down on August 8

Thursday, Aug 08, 2024

The Ministry of Industry and Trade, and the Ministry of Finance have decided to reduce the retail sale prices of petrol products from 3pm on August 8.

Amendments to petrol business regulations needs to be market-based

Tuesday, Aug 06, 2024

The Ministry of Industry and Trade’s draft proposal on the petrol business which states that distributors are not allowed to trade petrol with each other but only permitted by buy petrol from wholesalers, has met objections.  

Market tools suggested as best method to decide petrol prices

Wednesday, Jul 31, 2024

The State needs to legal bases and conditions for the enterprises to use the derivative tools such as petrol price insurance, experts say.

Petrol distributors not allowed to buy from each other: Draft

Wednesday, Jul 17, 2024

With a large number of 298 petrol distributors, if the distributors are allowed to buy from each other, controlling the origin, quality and quantity of petroleum will be very difficult for the State management agencies.

Petrol prices decrease slightly in latest adjustment

Thursday, Jul 11, 2024

Retail prices of petrol products were slashed starting 3pm on July 11 by the Ministry of Industry and Trade and the Ministry of Finance.

Petrol prices revised up

Thursday, Jun 27, 2024

The retail prices of E5RON92 bio-fuel and all petrol products increased from 3pm on June 27 following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.

Petrol prices reduced on June 6

Thursday, Jun 06, 2024

Retail prices of petrol products were slashed starting 3pm on June 6 by the Ministry of Industry and Trade and the Ministry of Finance.

Petrol prices revised down in latest adjustment

Thursday, May 30, 2024

Retail sale prices of petrol products were adjusted down from 3pm on May 30