Viet Nam’s petrol and oil prices moved in opposite directions on January 22 afternoon following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.

The Ministry of Industry and Trade (MoIT) announced the latest fuel price adjustment, effective from 15:00 on November 27, with most oil and petrol products seeing decreases.

Domestic petrol prices increased slightly while the price of diesel reduced from 15:00 on July 31 following the latest price adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.