Vietnam raises gasoline prices slightly
Vietnam on October 3 increased gasoline prices again after only two weeks, as the Ministry of Industry and Trade said global fuel prices have seen “irregular fluctuations.”
The retail price of 92RON, the country’s most popular gasoline grade, went up 1% to VND18,139 a liter, while its bio alternative E5 rose to VND17,644 (78 US cents) a liter.
Diesel however went down 1.2% to VND13,723 a liter and kerosene fell slightly to VND12,725 a liter.
Vietnam increased gas prices by 4% on September 18, after five consecutive cuts in three months.
Fuel price hikes have to be at least 15 days apart, according to a rule that was introduced late last year.