May 28, 2020 | 18:33 (GMT+7)
Petrol prices continue to rise in latest adjustment
Retail petrol prices were adjusted upwards on May 28 in the latest review by the Ministry of Industry and Trade and the Ministry of Finance.
From 3pm on May 28, the price of E5 RON92 biofuel rose 882 VND to a maximum of 12,402 VND (0.53 USD) per litre and RON95-III by 890 VND to 13,125 VND (0.56 USD) per litre.
Prices of diesel 0.05S and kerosene, meanwhile, are now 10,749 VND and 8,757 VND per litre, up 892 VND and 875 VND per litre, respectively. Mazut 180CST 3.5S is now selling for 9,492 VND per kg, up 947 VND per kg.
The two ministries review fuel prices every 15 days and make adjustments in accordance with fluctuations in the global market.
As the COVID-19 pandemic is showing signs of easing in the world, many countries have begun to resume production and business activities, pushing up demand for fuel, resulting in rising prices of petrol and oil.
Source: VNA