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Specifically, the retail price of E5RON92 bio-fuel was cut by 22 VND to 22,490 VND (0.91 USD) per liter, while that of RON95-III fell by 14 VND to 23,543 VND per liter.

Meanwhile, the prices of diesel and kerosene rose by 78 VND and 97 VND to 20,549 VND and 20,706 VND per liter, respectively.

Mazut is now sold at 16,432 VND per kg, 299 VND higher than the previous adjustment.

The two ministries decided not to use the petrol price stabilization fund.

Source: VNA