RON95 gasoline prices adjusted up for second consecutive time
Under the new pricing, E5 RON92 gasoline is capped at 20,855 VND (0.83 USD) per litre, an increase of 257 VND from the previous rate, while RON95-III gasoline now costs 21,331 VND per litre, also up 257 VND.
Hanoi (VNA) – The Mꦐinistry of Industry and Trade and the Ministry of Finance have announced adjustments to retail fuel prices, effective from 3:00 pm on February 20.
Under the new pricing, E5 RON92 gasoline is capped at 20,855 VND (0.83 USD) per litre, an increase of 257 VND from the previous rate, while RON95-III gasoline now costs 21,331 VND per litre, also up 257 VND.
Meanwhile, diesel (0.05S) has slightly decreased by 10 VND per litre to 19,063 VND. Kerosene has risen by 40 VND per litre to 19,513 VND, while mazut (180CST 3.5S) has dropped 183 VND per kilogram to 17,596 VND.
As in previous adjustments, the ministries decided not to use price stabilisation fund for any fuel products.
The most recent adjustment was made on February 13./.
The Ministry of Finance (MoF) has just announced the reduction of the gasoline import tax to 5.62% while increasing the standard cost of the gasoline base price by 30 VND per litre.
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