Fuel prices continue to fall, with RON 95 gasoline now priced at 22,880 VND/liter.
Today, April 23, 2026, gasoline and diesel prices continued to fall in the 3 PM price adjustment, with RON 95 gasoline now at 22,880 VND/liter and diesel decreasing for the fifth consecutive session to 26,690 VND/liter.
Today, the Ministry of Industry and Trade and the Ministry of Finance have adjusted fuel prices downwards for most types. E5 RON 92 gasoline decreased by 100 VND/liter, to 21,830 VND/liter. RON 95 gasoline decreased by 160 VND/liter, to 22,880 VND/liter.
Diesel fuel prices fell sharply by 1,160 VND/liter, to 26,690 VND/liter — this marks the fifth consecutive day of decline for this commodity. Mazut fuel decreased by 820 VND/kg, to 18,810 VND/kg.
The regulatory agency did not use the price stabilization fund this period, but decided to allocate 400 VND/liter to the fund for both diesel and fuel oil.
| Generic | Prices effective from 3 PM on April 23rd (VND/liter or kg) | Change |
|---|---|---|
| E5 RON 92 gasoline | 21,830 VND/liter | -100 |
| RON 95 gasoline | 22,880 VND/liter | -160 |
| Diesel | 26,690 VND/liter | -1,160 |
| Fuel oil | 18,810 VND/kg | -820 |
As of today's price adjustment, domestic oil prices have fallen for five consecutive sessions, while gasoline prices have decreased for two consecutive sessions. The current price level of gasoline and diesel in Vietnam is lower than that of neighboring countries.
In parallel with price management, the Ministry of Industry and Trade issued a document on April 20th to the People's Committees of provinces and cities and the Department of Domestic Market Management and Development, requesting a comprehensive inspection of all petroleum distributors nationwide. The goal is to ensure supply, prevent shortages, and promptly address acts of speculation, hoarding, smuggling, and profiteering that disrupt the market.
The inspection will focus on compliance with regulations on mandatory fuel reserves from January 1, 2026, to the time of inspection, and the maintenance of business conditions as stated in valid certificates. All inspections must be completed before May 30, 2026. Local Departments of Industry and Trade will compile the results and report to the Ministry of Industry and Trade before June 6, 2026.
The Ministry of Industry and Trade's list of petroleum distributors proposed for inspection includes nearly 200 businesses in 27 provinces and cities nationwide. Ho Chi Minh City has the highest number of businesses to be inspected with 45 units, followed by Hanoi with 14 businesses, along with many other provinces and cities from North to South.
