|A man buys fuel at a petrol station in Hà Nội. — VNA/VNS Photo Hoàng Hùng|Viet Nam News
HÀ NỘI — The domestic retail price of RON 92 petroleum increased by VNĐ461 to trade at a maximum of VNĐ17,486 (77 US cents) per litre, as of 3pm on Saturday.
The increase was effected according to the latest decision of the ministries of industry and trade and finance.
The price of E5 bio-fuel also rose by VNĐ431 to a maximum of VNĐ17,254 per litre. The prices of diesel and kerosene remained unchanged, standing at VNĐ13,795 and VNĐ12,398, respectively. Meanwhile, the maximum price of mazut was VNĐ11,105 per kilo, an increase of VNĐ8.
The MoIT and the Ministry of Finance also decided to keep using the price stabilisation fund for RON92 petrol at VNĐ110 per litre. The use of the fund for E5 biofuel remained at VNĐ90 per litre.
Meanwhile, the use of the fund for diesel was VNĐ27 per litre and, for kerosene it was VNĐ185 per litre.
In the latest adjustment on August 4, domestic retail prices of RON 92 petrol and bio-fuel E5 rose by VNĐ599 and VNĐ572 per litre to VNĐ17,025 and VNĐ16,823, respectively. — VNS