The retail prices of petrol have been adjusted up as from 18:00 on October 1.
Saigon Petro Company Limited recently proposed policies for the development of E5 RON 92 to be reviewed over the significant declines in sales of this biofuel.
The Vietnam National Petroleum Group (Petrolimex) on January 1 announced decreases in petrol prices following a decision jointly issued by the Ministry of Industry and Trade and the Ministry of Finance.
The price of E5 bio-petrol has dropped by VND1,446 per litre, while that of RON95 fell VND1,513 per litre following an announcement of petrol price adjustments released by the Ministry of Finance and Ministry of Industry and Trade on December 6.
The retail price of bio-fuel E5 increased by VND320 per litre, while that of RON 92 rose VND293 per litre from 3pm on September 21 due to rising global prices.
The prices of petrol and oil slightly increased following the regular adjustment of the Ministries of Industry-Trade and Finance on May 8.
The prices of all kinds of fuel increased as from 15:00 of April 7 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.
The prices of oil and petrol are kept unchanged after the latest regular review by the Ministry of Industry and Trade and the Ministry of Finance on March 23.
The prices of all petrol and oil will be kept unchanged in the latest regular adjustment of petrol and oil prices on February 3.
PetroVietnam Oil Corporation (PVOIL) has announced Lunar New Year promotional prices at its more than 540 petrol stations nationwide for February 1 and 2.
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 price of bio-fuel E5 was kept unchanged while those of diesel 0.05S and kerosene increased slightly by VND360 and VND495 per litre respectively in the latest regular adjustment of petrol and oil prices on January 4.
The Vietnam National Petroleum Corporation (Petrolimex) officially started selling diesel oil with Euro 5 standard and Euro 4-standard RON95 petrol nationwide from January 1, 2018.
The Vietnam National Petroleum Corporation (Petrolimex) and PetroVietnam Oil Corporation (PVOil) on December 15 officially supplied E5 RON92 bio-fuel for sale nationwide to replace RON 92 petrol, 15 days before a Government deadline.
Southern cities and provinces are ready to switch from the RON92 grade petrol to E5 biofuel starting next year, but concerns remain over its pricing and consumer preference.
VOV.VN - The average price of a litre of RON 92 and E5 bio-petrol rose one cent nationwide to US$.76 (VND17,366) and US$.75 (VND17,154), respectively, effective as of 3pm today (June 5).
The prices of RON 92 petrol and bio-fuel E5 remained unchanged while diesel price 0.05S increased slightly in the first regular adjustment of petrol prices in 2017 as from 4:00 pm on January 4.
Retail prices of RON 92 petrol and E5 bio-fuel increased by VND304 and VND301 per litre, respectively, from 7:00 pm on December 5, according to the Ministries of Industry & Trade and Finance.
E5 bio-fuel will replace A92 petrol by June 2017 as many localities in the country are using the bio-fuel product, the Ministry of Industry and Trade (MoIT) said.
The prices of RON 92 petrol and bio-fuel E5 were raised VND702 (US$0.31) and VND611 (US$0.27) per litre from 3:00 pm on September 5.