Vietnam's retail fuel prices drop for the fourth consecutive week, with E5 bio-gasoline down to 20,126 VND per liter.
- The Vietnamese Ministry of Industry and Trade and the Ministry of Finance announced that, starting from 15:00 on June 18 (UTC+8), retail fuel prices will be reduced for the fourth consecutive week. The retail ceiling price for E5RON92 bio-gasoline has been lowered to 20,126 Vietnamese Dong (approximately $0.76) per liter, a decrease of 1,206 Vietnamese Dong from the previous adjustment.
- The ceiling price for E10RON95-III gasoline is 627 Vietnamese Dong higher than that of E5, while the maximum price for 0.05S diesel has been lowered by 2,343 Vietnamese Dong to 23,534 Vietnamese Dong per liter. The price of fuel oil has also dropped by 1,928 Vietnamese Dong to 16,680 Vietnamese Dong per kilogram.
- This price adjustment marks the first time the government’s Resolution No. 29/2026/NQ-CP has been used to announce the E10RON95-III benchmark price, aiming to bring domestic fuel prices closer to global market fluctuations and improve the price management mechanism.
- The Vietnamese Ministry of Industry and Trade stated that, as of June 18, fuel prices in the country remain lower than those of neighboring countries.
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