A woman buys petrol at a station in Hanoi. Photo for illustration by Vietnamnet.
Following the latest adjustment, the price of E5RON92 biofuel sharply increased by VND510 per litre to VND 23,330 per litre and RON95 by VND 610 to VND 24,600 per litre.
Kerosene and the 180 CST mazut oil prices rose by VND420 per litre and VND 163 per kilogramme, to VND22,309 per litre and VND17,981 per kilogramme, respectively.
Meanwhile, diesel prices slightly decreased by VND 70 to VND 22,350 per litre.
This was the fifth consecutive increase in domestic petrol prices.
The two ministries have decided to not extract petrol oil prices for the price stablisation fund this time.
Since the beginning of this year, the ministries have adjusted petrol prices 24 times including 14 times up, seven down, and three unchanged.