Home Commodities

Petrol prices up slightly, diesel price dips

3h ago
22-08-2025 11:13:17+07:00

Petrol prices up slightly, diesel price dips

E5 RON92 petrol was capped at VNĐ19,464 (US$0.74) per litre, up VNĐ110; and RON95-III rose VNĐ208 to VNĐ20,092 per liter.

Since January, the domestic fuel prices have seen 35 adjustments. — VNA/VNS Photo

Việt Nam slightly raised retail petrol prices while cutting diesel rates from 3pm on August 21, as the Ministry of Industry and Trade (MIT) and Ministry of Finance rolled out their latest adjustment to keep pace with global markets.

Accordingly, E5 RON92 petrol was capped at VNĐ19,464 (US$0.74) per litre, up VNĐ110; and RON95-III rose VNĐ208 to VNĐ20,092 per liter. Meanwhile, Diesel 0.05S fell VNĐ172 to VNĐ17,905 per litre, kerosene dropped VNĐ206 to VNĐ17,814 per liter, and mazut 180CST 3.5S declined VNĐ152 to VNĐ15,116 per kg.

Since January, the domestic fuel prices have seen 35 adjustments. RON95 petrol has spiked 19 times and dipped 16 times, while diesel has been up 16 times, down 18, and flat once.

The ministries opted not to tap or add to the nation’s fuel price stabilisation fund this time, sticking to a market-based pricing mechanism under state oversight.

The MIT vowed to continue working with other agencies to monitor fuel supply closely and crack down on any pricing or supply violations.

Bizhub

- 16:49 21/08/2025

MOST READ

NEWS SAME CATEGORY

Việt Nam plans to switch to E10 biofuel nationwide from 2026
COMMODITIES Aug 22nd at 06:48

Việt Nam plans to switch to E10 biofuel nationwide from 2026

A draft circular of the Ministry of Industry and Trade stipulates that from January 1, 2026, E10 will be the sole fuel available nationwide for motor vehicles using...

Vietnam dairy market risks overheating amid surge of imports and brand proliferation
COMMODITIES Aug 21st at 15:30

Vietnam dairy market risks overheating amid surge of imports and brand proliferation

The expansion of Vietnam's dairy market has created a paradox: while shelves are flooded with brands and imported powdered milk, the domestic dairy herd is...

Hưng Yên boosts longan brand for export
COMMODITIES Aug 21st at 06:34

Hưng Yên boosts longan brand for export

Twelve contracts were signed to distribute longan and key agricultural products at the event.

Việt Nam’s rice race heats up with fresh push for quality gains
COMMODITIES Aug 21st at 06:29

Việt Nam’s rice race heats up with fresh push for quality gains

The Prime Minister’s recent directive to call for actions to sustain rice export has highlighted that the rice industry still has much work to do, especially a...

Pangasius bites back Việt Nam's fish faces home turf challenge
COMMODITIES Aug 20th at 11:24

Pangasius bites back Việt Nam's fish faces home turf challenge

With only five and seven per cent of its total output consumed domestically, the multi-billion dollar Pangasius industry faces a major paradox.

Power prices set to rise as hidden costs surface
COMMODITIES Aug 19th at 09:24

Power prices set to rise as hidden costs surface

The Ministry of Industry and Trade has proposed adding previously unaccounted costs into retail electricity prices to help the Vietnam Electricity (EVN) to narrow...

Việt Nam imposes anti-dumping duties on Chinese and South Korean coated steel
COMMODITIES Aug 19th at 07:59

Việt Nam imposes anti-dumping duties on Chinese and South Korean coated steel

The highest tariff applied to Chinese coated steel is 37.13 per cent, while that for South Korean products is 15.67 per cent.

Canada trade fair opens door for Vietnamese footwear to North America
COMMODITIES Aug 19th at 07:58

Canada trade fair opens door for Vietnamese footwear to North America

Việt Nam's leather and footwear industry looked for new opportunities at the AFA Canada expo in Toronto amid shifting tariffs and global trade diversification.

Ministry to issue strict standards for imported milk powder
COMMODITIES Aug 19th at 07:57

Ministry to issue strict standards for imported milk powder

The MoIT will issue strict standards for imported milk powder, strictly control raw materials right from the customs stage and apply traceability measures similar...

Rice exporters call for action after Philippines halts imports
COMMODITIES Aug 18th at 13:46

Rice exporters call for action after Philippines halts imports

The pause could disrupt signed contracts, increase inventories and create pressure on exporters' liquidity as well as directly impact farmers’ incomes, as the...

Read More

Commodity prices

MOST READ

Back To Top