Only more than 23,400 VND/liter for gasoline from 15:00 on February 21, 2023 in Vietnam

The Ministry of Industry and Trade of Vietnam issued Official Dispatch 831/BCT-TTTN dated February 21, 2023 on the management of petroleum businesses. Thus, from 15:00 on February 21, 2023, the price of gasoline will be no more than 23,400 VND per liter.

From 15:00 on February 21, 2023, the price of gasoline is only more than 23,400 VND/liter

From 15:00 on February 21, 2023, the price of gasoline is only 23,400 VND/liter (Image from the Internet)

1. Prices of gasoline and oil products from 3pm on 21/02/2023 in Vietnam

Specifically, after making adjustments to the setting up and spending levels for the use of the Petroleum Price Stabilization Fund, the selling prices of popular consumer petroleum products on the market after 3 p.m. on February 21, 2023 are adjusted as follows: :

- E5RON92 gasoline: Not higher than 22,542 VND/liter (decrease by 327 VND/liter);

- RON95-III gasoline: not higher than 23,443 VND/liter (decrease by 324 VND/liter);

- 0.05S diesel oil: not higher than 20,806 VND/liter (decrease by 756 VND/liter);

- Kerosene: not higher than 20,846 VND/liter (decrease by 748 VND/liter);

- Fuel oil 180CST 3.5S: not higher than 14,251 VND/kg (increase by 615 VND/kg).

2. Amount of deduction for petrol and oil price stabilization fund in Vietnam

According to Vietnam's Official Dispatch 831/BCT-TTTN, the level of deduction for setting up the Petroleum Price Stabilization Fund is regulated as follows:

- E5RON92 gasoline: 0 VND/liter;

- RON95-III gasoline: 0 VND/liter;

- 0.05S diesel oil: 600 VND/liter;

- Kerosene: 200 VND/liter;

- Fuel oil: 0 VND/kg.

Not using Petroleum Price Stabilization Fund.

More details can be found in Vietnam's Official Dispatch 831/BCT-TTTN dated 21/02/2023.

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