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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Sunday, June 1, 2025

Local fuel prices fall slightly

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HCMC – Retail prices of RON95 gasoline, diesel oil and kerosene in the local market edged down by VND50-VND90 per liter, while those of bio-fuel E5 RON92 and heavy fuel oil remained unchanged as of 3 p.m. yesterday, August 12.

RON95 gasoline, diesel oil and kerosene now sell at VND14,920, VND12,200 and VND10,200 per liter, respectively, while the current prices of bio-fuel E5 RON92 and heavy fuel oil are VND14,400 per liter and 11,180 per kilogram, respectively.

The ministries of Industry and Trade and Finance said in an announcement issued recently that the extraction rates to replenish the fuel price stabilization fund were the same as they were during the previous fuel price adjustment.

The extraction level for each liter or kilogram of bio-fuel E5RON92, RON95 petrol, diesel oil, kerosene and heavy fuel oil sold is VND100, VND200, VND500, VND300 and VND300, respectively.

However, local fuel wholesalers were allowed to take VND932 from the fund for each liter of bio-fuel E5 sold to consumers. They can also get VND479, VND100 and VND300 from the fund for each liter or kilogram of RON95 gasoline, kerosene and heavy fuel oil sold.

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