Vietnam Petrol Retailers Cut Prices Below Regulated Levels
Major Vietnamese petroleum companies Petrolimex and PV Oil lowered retail prices for gasoline and oil products below regulated levels starting October 15. The move aims to alleviate fuel cost burdens for citizens and businesses.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Vietnam Cuts Gasoline Prices as Government Considers Deregulation
Vietnam has lowered gasoline prices following a decline in global fuel costs. The government is considering a shift from weekly price caps to a system allowing businesses to set their own selling prices.
- Vietnam Slashes Fuel Prices, Proposes Oil Business Law Reform
Vietnam has lowered the price of E10 RON 95-III gasoline to nearly VND 27,000 per liter starting from 3 PM on the 15th. Some distributors are further reducing prices by VND 300-350 to support citizens and businesses. Concurrently, a draft amendment to the oil business law proposes market-based pricing.