Following a joint decision by the Ministry of Finance and the Ministry of Industry and Trade, the PetroVietnam Oil Corporation reduced its petrol prices by 178 VND per litre from 3.00 pm on Wednesday.  As a result, the retail price in Da Nang per litre of bio-fuel E5-RON 92 is now 16,550 VND, whilst 95 RON is 17,750 VND.

The price per litre of kerosene actually increased by 124 VND to 12,640 VND, whilst that of diesel 0.05S remains unchanged at 13,510 VND.  Meanwhile, the price of a kilogram of Mazut 3.5S fell by 83 VND to 9,480 VND.

This was the 20^th fluctuation in domestic fuel prices since the start of this year.  In total, the prices per litre of petrol and kerosene have fallen by around 700 VND, whilst that of diesel 0.05S has fallen by around 5,000 VND against earlier this year.