On the afternoon of February 13, the Ministry of Industry and Trade - Ministry of Finance announced changes in retail gasoline prices. Based on the direction of the Ministry of Industry and Trade - Ministry of Finance, gasoline trading enterprises simultaneously adjusted gasoline prices from 3:00 p.m. today.

Compared to 1 week ago, in today's operating period, the price of RON 95 gasoline (common type on the market) increased by 150 VND/liter, the selling price is 21,070 VND/liter.

Similarly, the price of E5 gasoline was adjusted up by 150 VND/liter, the selling price increased to 20,590 VND/liter.

Diesel price was adjusted up 20 VND/liter, selling price at 19,070 VND/liter.

Product Price from February 13, 2025 (unit: VND/liter) Compare with previous period
Gasoline RON 95-III 21,070 + 150
E5 RON 92 gasoline 20,590 + 150
Diesel 19,070 + 20

Gasoline price list at the operating period of February 13, 2025.

In today's management session, the Ministry of Industry and Trade - Ministry of Finance continued not to draw nor spend from the Price Stabilization Fund for petroleum products.

In the most recent adjustment period (February 6), the price of RON 95 gasoline was adjusted down by VND80/liter, selling price was VND20,920/liter. In contrast, the price of E5 gasoline increased by VND50/liter, selling price was VND20,440/liter.

Nguyen Hue Gasoline Price.jpg
Gasoline prices have been adjusted up. Photo: Nguyen Hue

Diesel price was adjusted down by 190 VND/liter, selling price down to 19,050 VND/liter.

The Ministry of Industry and Trade is seeking comments on a draft circular detailing a number of articles of the new decree on petroleum trading. The Government Office has organized a consultation session for Government members on this draft decree.

According to this draft, the Ministry of Industry and Trade will not announce world prices. Traders will base their determination on the formula for calculating the costs that make up the price of gasoline in the new decree on gasoline trading and this circular.

After adjusting the selling price of gasoline, the main trader of gasoline must announce the wholesale and retail prices of gasoline in the distribution system and notify the Ministry of Industry and Trade, the provincial People's Committee, the Department of Industry and Trade and the market management agency where the trader has a distribution system.

After adjusting the selling price of gasoline, petroleum distributors must announce the wholesale and retail prices of gasoline in the distribution system and notify the provincial People's Committee, the Department of Industry and Trade and the market management agency where the trader has a distribution system.

Petroleum key enterprises must connect data with the Ministry of Industry and Trade. The Ministry of Industry and Trade is seeking opinions on a draft Circular detailing a number of articles of the new decree on petroleum trading.