Many motorbike owners are still unsure if the new E5 fuel being sold nationwide suits their vehicles, and authorities need to improve public awareness accordingly, officials admit.
The Ministries of Industry and Trade, and Finance decided to increase the retail price of RON 92 petrol by VND271 to a maximum of VND18,146 (US$79.8 cents) per litre from 3pm of November 4.
The domestic retail price of RON 92 petrol increased by VND461 to trade at a maximum of VND17,486 (US$77 cents) per litre, as of 3pm on August 19.
The ministries of industry and trade and finance decided to raise retail petrol prices as of 3 p.m on July 20.
The supply of E5 bio-fuel is enough to meet the local demand and can fully replace RON 92 petrol beginning next year, the Ministry of Industry and Trade (MoIT) said.
Vietnam will replace RON 92 petrol with E5 bio-fuel from the beginning of next year.
The base prices of RON 92 petrol and E5 bio-fuel fell VND200 per litre as of 3:00 p.m on July 5 under a joint decision issued by the ministries of Industry and Trade, and Finance earlier in the day.
VOV.VN - As of 3:00 pm on May 5, the prices of RON 92 petrol and E5 bio-fuel inched up VND646 (US$0.029) and VND634 (US$0.028) per litre, respectively.
(VOV) - Drivers will start paying less at the pump for petrol effective as of 3 pm on January 4, according to a price adjustment just announced by the Ministry of Industry and Trade (MoIT).
Ethanol gasoline E5 (A92-RON petrol containing 5% ethanol) will be sold at all filling stations in HCM City beginning on December 31, according to the city's Department of Industry and Trade.