Home Commodities

Petrol prices fall sharply on Thursday

Jul 4th at 15:23
04-07-2025 15:23:08+07:00

Petrol prices fall sharply on Thursday

The authorities decided not to use the petrol and oil price stabilisation fund for any of the fuel categories.

A woman has her motorcycle refilled at a gas station. —VNA/VNS Photo

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

Accordingly, the price of E5RON92 was capped at VNĐ19,445 per litre (down VNĐ1,085), while that of RON95-III was VNĐ19,906 (down VNĐ1,210) per litre.

Meanwhile, the price of diesel was adjusted to VNĐ18,408 per litre (down VNĐ941), while those of kerosene were VNĐ18,132 (down VNĐ932) and mazut VNĐ15,807 per kilogramme (down VNĐ1,148).

There have been 28 fuel price adjustments since the beginning of this year.

Specifically, RON95-III petrol has experienced 15 price hikes and 13 cuts. Diesel oil price has increased 14 times, decreased 13 times, and remained unchanged once.

In this adjustment, the authorities decided not to use the petrol and oil price stabilisation fund for any of the fuel categories.

Bizhub

- 17:25 03/07/2025

MOST READ

NEWS SAME CATEGORY

Frozen durian exports triple
COMMODITIES Jul 4th at 15:23

Frozen durian exports triple

The surge was attributed to the signing of a protocol in August last year, which allowed Việt Nam to export frozen durian to China and the efforts to increase...

Centralised slaughtering facilities a pressing issue
COMMODITIES Jul 3rd at 15:39

Centralised slaughtering facilities a pressing issue

The development of centralised slaughtering facilities that meet veterinary hygiene, disease safety, and food safety standards is urgently needed to prevent...

Việt Nam targets $3.3 billion in rubber exports this year
COMMODITIES Jul 3rd at 08:33

Việt Nam targets $3.3 billion in rubber exports this year

To reach the export target, the rubber sector needs to focus on various measures tailored to each key market such as the European Union (EU), with an emphasis on...

Gold monopoly policy retooling in the works
COMMODITIES Jul 3rd at 08:14

Gold monopoly policy retooling in the works

In a landmark move to liberalise its gold market, Vietnam is set to dismantle the state’s long-standing monopoly on gold bullion production and use e-invoices for...

Proposed end to gold market monopoly to pave way for new players
COMMODITIES Jul 2nd at 13:58

Proposed end to gold market monopoly to pave way for new players

The State Bank of Vietnam (SBV) has finalised a draft amendment to Decree No. 24/2012/ND-CP, proposing the removal of the state monopoly on gold bar production and...

E-vehicle manufacturers take on battery segment
COMMODITIES Jul 2nd at 11:01

E-vehicle manufacturers take on battery segment

Electric vehicle manufacturers are racing to partner with ride-hailing giants, aiming to turn platforms into gateways for mass electrification in Vietnam.

Counterfeit motorcycle helmets and parts fuel public safety crisis
COMMODITIES Jul 1st at 10:06

Counterfeit motorcycle helmets and parts fuel public safety crisis

The widespread use of counterfeit motorcycle helmets and spare parts is emerging as a grave threat to public safety in Vietnam, raising alarms among government...

Vietnam Elevator Expo 2025 to showcase global innovation
COMMODITIES Jun 30th at 13:50

Vietnam Elevator Expo 2025 to showcase global innovation

Jointly organised by the Vietnam Elevator Association (VNEA) and VINEXAD – under the Ministry of Industry and Trade – the exhibition will feature more than 120...

Kim Long Motor signs landmark bus export deal
COMMODITIES Jun 28th at 14:14

Kim Long Motor signs landmark bus export deal

Kim Long Motor has signed its first large-scale bus export contract with a strategic partner in Southeast Asia, underscoring the growing quality and production...

Việt Nam’s auto imports surge past US$2 billion
COMMODITIES Jun 28th at 14:13

Việt Nam’s auto imports surge past US$2 billion

Data from the General Department of Customs shows that 96,264 CBU vehicles were imported into Việt Nam from January to June 15, with a total value exceeding $2...

Read More

Commodity prices

MOST READ

Back To Top