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Home » Vietnam Slightly Raises Retail Fuel Prices

Vietnam Slightly Raises Retail Fuel Prices

by Kalani Malaythong
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Vietnam has slightly raised retail prices of gasoline and other oil products, the Ministry of Industry and Trade said on Tuesday.

Gasoline prices rose to 24,871 Vietnamese dong (1.03 U.S. dollars) per liter for RON95 bio-fuel and to 23,471 dong per liter for E5 RON92 while diesel inched up 1.3 percent to 22,645 dong, the ministry said in a statement.

The changes were made in line with international oil markets, the ministry said.

Vietnam allows petrol distributors to set up a petrol price stabilization fund that they can tap to help ease losses. (1 U.S. dollar equals 24,090 Vietnamese dong).

Source: Xinhua

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