E5RON92 petrol is sold at the maximum of 18,438 VND (0.7 USD) per litre, down 278 VND from the baseline price, and RON95-III at 18,917 VND per litre, down 89 VND.

Viet Nam’s petrol and oil prices continued to decrease on December 18 afternoon following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.

Retail fuel prices have been lowered starting from July 1 as the National Assembly’s Resolution No. 204/2025/QH15 on value-added tax (VAT) reduction takes effect.

Retail fuel prices were raised starting from 3pm on June 19, following a joint decision by the Ministry of Industry and Trade and the Ministry of Finance.

Fuel prices were slashed by over 1,000 VND per litre across the board on September 12.