Gasoline price hiked 2nd time this month

The Ministry of Industry and Trade and Ministry of Finance also raised the E5 RON92 biofuel price up 0.94% to VND21,490.

Diesel prices were up 2.48% to VND24,780 per liter.

Gasoline prices have been adjusted 28 times this year, up 15 times and down 13.

Several gasoline stations put up “out of gasoline” signs this week as retailers continued to complain their commission is very low or even zero while buying from suppliers has been challenging.

Trade ministry data shows that crude oil prices have gone up 0.4-2.8% in the last 10 days depending on product.