From 15h on May 23, 2022, the petrol price will increase for 4 consecutive times in Vietnam

The Ministry of Industry and Trade of Vietnam promulgates the Official Dispatch No. 2738/BCT-TTTN dated May 23, 2022 on management of petroleum business. Of which, from 15:15h on May 23, 2022, from 3:00pm on May 23, 2022, the petrol price increased in the fourth consecutive decade and found new discipline.

From 15h on May 23, 2022, the petrol price will increase for 4 consecutive times in Vietnam

From 15h on May 23, 2022, the petrol price will increase for 4 consecutive times in Vietnam (illustration)

1. Petrol and oil prices from 3:00pm on May 23, 2022

Official Dispatch No. 2738/BCT-TTTN provides for the selling price of popular consumer petroleum products on the market after 3:00pm on May 23, 2022 as follows:

- E5RON92 petrol: not exceeding VND 29,639/liter (increasing VND 680/liter compared with current retail prices);

- RON95-III petrol: not exceeding VND 30,653/liter (increased VND 670/liter as compared with current retail prices);

- 0.05S diesel oil: not exceeding VND 25,550/liter (decrease VND 1,100/liter as compared with current retail prices);

- Jet fuel: not exceeding VND 24,400/liter (reducing VND 760/liter from current retail price);

- mazut oil, 180CST 3.5S: not exceeding VND 20,590/kg (reducing VND 970/kg from current retail prices).

2. Level of appropriation and use of Price stabilization fund

According to the Official Dispatch No. 2738/BCT-TTTN, the Ministry of Industry and Trade decides to appropriate the Price Stabilization Fund for petrol and oil products as follows:

- E5RON92 petrol: VND 0/liter; and

- Gasoline RON95: VND 0/liter; and

- Diesel oil: VND 300/liter;

- kerosene: VND 300/liter;

- Fuel oil: 400 dong/kg.

At the same time, spendings on the use of the petrol and oil BOG fund:

- E5RON92 petrol: VND 100/liter; and

- Gasoline RON95: 300 dong/liter; 60 dong/liter

- Diesel oil: VND 0/liter; VND 0/liter

- kerosene: VND 0/liter; VND 0/liter

- Fuel oil: VND 0/kg.

Official Dispatch No. 2738/BCT-TTTN dated May 23, 2022.

Nhu Mai

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

14 lượt xem
Focus
Notable documents of Vietnam in the previous week (from February 20 to February 26, 2023)

Requirements for participating in the input quality accreditation of officials; Criteria for assessment of the result of professional training in firefighting ...

Vietnam to study solutions to e-invoices generated from cash registers regarding food services

​On February 23, 2023, the Prime Minister of Vietnam promulgated

On February 15, 2023, the Government of Vietnam promulgated Decree No.

  • Address: 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City
    Phone: (028) 7302 2286
    E-mail: info@lawnet.vn
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;