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Petrol and diesel prices reach new record high

By DA NANG Today / DA NANG Today
May 12, 2022, 00:11 [GMT+7]

Retail gasoline prices in Viet Nam climbed to a new peak on Wednesday afternoon and hit another all-time record following the latest adjustment by the Inter-Ministry of Industry and Trade - Finance.

Specifically, the retail price of E5 gasoline rose by VND1,490/liter to VND28,950/liter, while that of RON95 gasoline was adjusted up by VND1,550/liter to a maximum of VND29,980/liter.

Diesel oil is currently being sold at the price of VND26,650 /liter, up VND1,120/liter.

At this adjustment, the Inter-Ministry of Industry and Trade - Finance did not make use of the fuel price stabilisation fund for gasoline E5 and RON95, and diesel oil, (except for kerosene at the rate of VND300/liter and Mazut fuel oil at VND33/kg).

At the same time, a fund to stabilise petrol and oil prices was set up at the rate of VND100/liter for E5 and RON95 gasoline, and diesel oil.

Reporting by QUYNH TRANG - Translating by M.DUNG

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