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managing gasoline and diesel prices
Latest news regarding fuel price management.
Vietnam's gasoline and diesel prices are significantly lower than many other countries in the region when crude oil prices exceed $100.
Comparative data from March 22, 2026 shows that gasoline prices in Vietnam are significantly lower than in Thailand, China, and Laos amidst fluctuating global supply.
Market
The Ministry of Industry and Trade regulates gasoline and diesel prices on a daily basis amid pressure from the Middle East conflict.
In response to significant global fluctuations, Vietnam has adopted a flexible fuel price adjustment mechanism, adjusting prices when increases exceed 7%, combined with the use of the Price Stabilization Fund to maintain domestic prices.
Implement fuel price management in accordance with Government Resolution No. 36/NQ-CP.
The government has agreed to allow the Ministry of Industry and Trade, in coordination with the Ministry of Finance, to adjust gasoline and diesel prices when the base price of one of the commonly consumed gasoline and diesel products on the market...
Gasoline prices dropped by more than 600 VND/liter from the afternoon of December 25th.
From 3 PM on December 25th, the price of RON95-III gasoline decreased by 614 VND, and E5RON92 decreased by 523 VND/liter. Conversely, fuel oil was the only commodity to increase in price during this adjustment period.
RON95 gasoline prices will drop below 20,000 VND/liter starting today.
From 3 PM on December 18th, domestic fuel prices were simultaneously adjusted downwards. RON95-III gasoline decreased by 462 VND, to 19,620 VND/liter, while diesel fuel saw a significant price reduction...
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