Vietnam gasoline prices fall for first time since July 21
Retail gasoline prices in Vietnam were reduced by VND690-900 ($0.04) per liter on Monday, marking the first reduction after seven consecutive hikes since July 21.
The price of RON 95-III gasoline went down VND900 to VND24,840 ($1.02) per liter, while that of E5 RON 92 dropped to VND23,500 ($0.96), down VND690.
The prices of diesel and kerosene were kept unchanged at VND23,590 ($0.97) and VND23,810 ($0.98) per liter, respectively. The price of mazut oil fell VND390 to VND17,450 ($0.72) per kilogram.
A motorbike driver refills at a gasoline station in Vietnam. Photo courtesy of Vietnam Finance.
For this price adjustment, the Ministry of Industry and Trade and the Ministry of Finance decided to maintain the level of deductions from different types of gasoline and oil for the national gasoline price stabilization fund.
Since the beginning of the year, domestic fuel prices have seen 28 adjustments, including 16 increases, eight declines and four times unchanged.
According to the ministries, the world petroleum prices have decreased in the past 10 days amid a mix of factors that included possible tight supply after Saudi Arabia and Russia decided to cut production by 1.3 million barrels a day until the end of December, Russia's relaxed ban on fuel export, and potentially weaker demand on higher interest rates.
The average price of RON 92 decreased by nearly 6%, to $101.49 per barrel, while that of RON 95 was $106.83 per barrel, down 6.3%. The prices of oil products also dropped by 0.6-1.7%, ranging from $122.81 to $123.36 per barrel.
Vietnam’s consumer price index (CPI) in September rose 1.08% from August due to higher prices of fuel, rice, and house rents, according to the General Statistics Office. The CPI was up 3.12% over December 2022 and 3.66% over September 2022, all below the target of 4.5% for this year.
Core inflation rose 0.26% from a month ago and 3.80% from a year ago.
- Related News
- Read More
VinFast overtakes Tesla as Q1 best-selling battery electric vehicle brands in Philippines
VinFast, the EV subsidiary of Vietnam’s conglomerate Vingroup, has surpassed Tesla to be the best-selling battery electric vehicle (BEV) brand in the Phillipines in the first quarter of 2026.
Companies - Tue, April 21, 2026 | 9:05 pm GMT+7
Usilk City urban area project case in Hanoi referred to police for investigation over alleged violations
Vietnam's Government Inspectorate has decided to refer the case related to the expanded Van Khe urban area project (Usilk City) to the Ministry of Public Security for investigation and handling in accordance with the law, after identifying a number of wrongdoings.
Real Estate - Tue, April 21, 2026 | 5:12 pm GMT+7
ACV proposes shifting most international flights from Tan Son Nhat to Long Thanh by 2027
Airports Corporation of Vietnam (ACV) has proposed shifting the bulk of international flights from Tan Son Nhat International Airport in Ho Chi Minh City to the Long Thanh International Airport in neighboring Dong Nai province under a phased plan that could see more than 90% of international passenger traffic handled by the new airport as early as 2027.
Economy - Tue, April 21, 2026 | 5:03 pm GMT+7
Tasco chairman outlines growth plan as shareholders lament losses
Shareholders of Tasco JSC voiced concerns at the firm’s annual general meeting on Monday after "holding HUT shares for three years without breaking even", prompting chairman Vu Dinh Do to outline key priorities for the company’s next phase of growth.
Companies - Tue, April 21, 2026 | 3:22 pm GMT+7
More than a marathon: How Carlsberg Vietnam runs together to build a stronger growth culture
For the fifth consecutive year, Carlsberg Vietnam, together with its iconic Huda brand, returned as one of the main sponsors of VnExpress Marathon Hue 2026. But for the company, this was never simply about sponsoring a race. It was about something far bigger: how culture, leadership, and shared purpose create the foundation for sustainable growth.
Companies - Tue, April 21, 2026 | 12:17 pm GMT+7
AnPro drives An Phat Holdings’ expansion into interior materials
An Phat Holdings is expanding beyond engineering plastics into high-tech interior materials through its AnPro brand, as part of a broader strategy to move up the value chain.
Companies - Tue, April 21, 2026 | 12:14 pm GMT+7
Vingroup, Vinhomes lift 2026 profit targets, sending shares higher
Vietnamese conglomerate Vingroup (HoSE: VIC) and its subsidiary Vinhomes (HoSE: VHM) said they will seek shareholder approval to raise their 2026 revenue and profit targets at the upcoming AGM.
Companies - Tue, April 21, 2026 | 11:18 am GMT+7
Foxconn pours additional $58.3 mln into northern Vietnam unit
Taiwan’s Hon Hai Precision (Foxconn), a key electronics supplier to Apple, said it will invest an additional $58.32 million in its Vietnamese subsidiary, Fushan Technology (Vietnam), according to a filing to the Taiwan Stock Exchange.
Investing - Tue, April 21, 2026 | 11:03 am GMT+7
Consortium proposes three wastewater plant projects in HCMC
A consortium comprising three Vietnamese companies - Petrosetco, Gelex Infrastructure and Viconship - has proposed three major wastewater treatment projects in Ho Chi Minh City, highlighting growing private-sector interest in environmental infrastructure.
Industries - Tue, April 21, 2026 | 8:00 am GMT+7
Vietnam: Energy shock clouds the outlook for 2026
The most difficult period will be in Q2 and Q3/2026 as high global energy prices (and limited supplies) hit their peaks before easing toward end-2026, write UOB analysts in their latest report on Vietnam economic forecasts released last Friday.
Economy - Mon, April 20, 2026 | 5:22 pm GMT+7
Vietnam's top retailer MWG targets 30% profit growth this year, $10 bln sales by 2030
Mobile World Investment Corporation (HoSE: MWG) set net profit goal at VND9.2 trillion ($349.4 million) this year, up 30% year-on-year, as the leading Vietnamese retailer accelerates separate plans for its core subsidiaries.
Companies - Mon, April 20, 2026 | 4:52 pm GMT+7
Steel giant Hoa Phat inaugurates $76 mln steel pipe plant in southern Vietnam
Vietnam’s conglomerate Hoa Phat Group (HoSE: HPG) on Saturday inaugurated a new steel pipe plant in the southern province of Tay Ninh with an investment of VND2 trillion ($75.6 million), as the country’s top steelmaker expands capacity to capture recovering demand in construction and infrastructure.
Industries - Mon, April 20, 2026 | 3:01 pm GMT+7
DNSE margin lending and advance receivables up nearly 40% year-on-year
Brokerage DNSE Securities JSC reported operating revenue of more than VND395 billion ($15 million) in the first quarter of 2026, up 62% from a year earlier, driven by strong growth in margin lending and advances on securities sales.
Companies - Mon, April 20, 2026 | 1:47 pm GMT+7
Major corporations back Ho Chi Minh City Venture Capital Fund
Several large regional and Vietnamese corporations have become founding shareholders of the Ho Chi Minh City Venture Capital Fund, launched last Friday as part of efforts to boost early-stage financing for startups.
Finance - Mon, April 20, 2026 | 1:40 pm GMT+7
Foreign investors hold over 10% stake in CAEX after capital hike
Vietnam Prosperity Crypto Asset Exchange JSC (CAEX) has completed a capital increase from VND25 billion to VND10 trillion ($380 million), with foreign investors holding a 10.6% stake.
Finance - Mon, April 20, 2026 | 8:00 am GMT+7
Are foreign capital flows gradually returning to Vietnamese stocks?
Foreign investors have remained net sellers of more than VND6.63 trillion ($251.76 million) on Vietnam’s stock market since April 8, though several sessions of net buying have re-emerged, with most of the net selling concentrated in a handful of large-cap stocks such as VIC, VHM and VPL.
Finance - Mon, April 20, 2026 | 7:30 am GMT+7
