To decrease gasoline price from 11/21/2022 in Vietnam by 80 VND/liter

To decrease gasoline price from 11/21/2022 in Vietnam by 80 VND/liter (Internet image)

On November 22, 2022, the Ministry of Industry and Trade of Vietnam issued Official Dispatch 7376/BCT-TTTN on the management of the petrol and oil businesses. Thus, petrol and oil prices will be adjusted from 15:00 on November 21, 2022, as follows:

Official Dispatch 7376/BCT-TTTN

1. Gasoline price from 11/21/2022 in Vietnam

Specifically, after adjusting the setting up and spending levels for the use of Vietnam Petroleum Price Stabilization Fund, the selling prices of popular consumer petroleum products on the market after 3 p.m. on November 21, 2022, are regulated as follows::

- E5RON92 gasoline: Not higher than 22,671 VND/liter (decreased by 40 VND/liter compared to the current retail price);

- RON95-III gasoline: Not higher than 23,787 VND/liter (decreased by 80 VND/liter compared to the current retail price);

- 0.05S diesel: Not higher than 24,801 VND/liter (decreased by 107 VND/liter compared to the current retail price);

- Kerosene: Not higher than 24,640 VND/liter (decreased by 107 VND/liter compared to the current retail price);

- Fuel oil 180CST 3.5S: Not higher than 14,785 VND/kg (up 25 VND/kg compared to the current retail price).

2. Deduction for setting up the gasoline and oil price stabilization fund in Vietnam

The Ministry of Industry and Trade of Vietnam decided to set up the Petroleum Price Stabilization Fund.

- E5RON92 gasoline: 250 VND/liter;

- RON95 gasoline: 200 VND/liter;

- Diesel oil: 300 VND/liter;

- Kerosene: 0 VND per liter

- Madut oil: 300 VND/kg

At the same time, do not use the Petroleum Price Stabilization Fund.

More details can be found in Official Dispatch 7376/BCT-TTTN, dated November 21, 2022.

Diem My

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