Petrol prices increase by over VND400 per litre
The Ministry of Industry and Trade and the Ministry of Finance decided to increase the retail price of RON 92 petrol by VND434 to a maximum of VND18,580 (US$0.82) per litre from 3:00pm on November 20.
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| Workers at a Petrolimex petrol station prepare for petrol prices adjustment |
This is the 22nd adjustment of fuel prices this year, with nine falls and nine increases.
The two ministries also decided to keep using the price stabilisation fund for RON92 petrol and E5 biofuel at VND600 per litre.
Meanwhile, the use of the fund for diesel was VND300 per litre.
