Domestic fuel prices to be adjusted every ten days from 2022

Tuesday, 2021-11-02 16:16:21
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NDO - Fuel prices in Vietnam will be adjusted every ten days on the 1st, 11th and 21st days of each month, starting from January next year, under a new government decree.

Changes to fuel prices are currently decided every 15 days.

If the periodic adjustment date falls on a public holiday, changes will be made on the following working day.

The decree stipulates that in case where fuel price hikes can severely affect socio-economic development and the people’s lives, the Ministry of Industry and Trade should report to the Prime Minister to ask for a delay.

The decree also allows the use of small-sized filling devices if they can meet the requirements on measurement and safety, especially in remote areas.