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Local fuel prices decline

The Saigon Times

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HCMC – The domestic retail prices of fuels were revised down by VND800-1,200 per liter or kilogram starting at 3 p.m. today, March 21, according to an announcement jointly issued by the ministries of Industry-Trade and Finance.

RON 95-III gasoline now sells for VND23,030 per liter and E5 RON 92 bio-gasoline for VND22,020, both down VND780.

Diesel oil is now priced at VND19,300, falling by VND1,200 per liter. One liter of kerosene costs VND19,460, down by VND1,250, and heavy fuel oil falls by VND800 per kilogram at VND14,470.

During this fuel price adjustment, the two ministries tap VND300 on each liter or kilogram of fuel sold to replenish the national fuel price stabilization fund.

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