Petroleum prices in Vietnam fell slightly but that of oil went up sharply from 3 pm on Monday following the government's latest adjustment.
Illustrative photo
Under the decision by the Ministry of Industry and Trade and the Ministry of Finance, the retail prices of E5 RON 92 and RON 95 fell slightly by VND370 and VND430 to VND23,350 and VND24,230 per litre respectively.
Meanwhile, oil prices witnessed a sharp increase, except for that of mazut.
The price of diesel and kerosene rose by VND1,430 and VND1,390 to VND25,180 and VND25,440 per litre, respectively.
However, the price of mazut dropped to VND16,079 per kilo, a fall of VND470 per kilo.
The two ministries have also decided to extract between VND 451-493 per litre from petrol price and between VND100-300 per litre from diesel and kerosene prices for the petrol price stabilisation fund.
