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- 06 / 05 / 2019 -
Adjust the selling price of petroleum products from May 2nd, 2019

On 02/05/2019, the Ministry of Industry and Trade issued Official Letter No.3006/BCT-TTTN on the management of petroleum business. This official letter is effective from 16:00 on 02/05/2019.
Accordingly, Official Letter No. 3006 / BCT-TTTN Adjusting the selling price of petroleum products from 02/05/2019 as follows:

According to the official dispatch, the Minis- Expenses for using petroleum price stabilization fund: E5-RON92: 925 VND / liter; RON95-III: 283 VND/liter.
Therefore, after making use of the price stabilization fund, the selling price of popular petroleum products on the market is not higher than the price:
– E5-RON92 Gas: not higher than VND 20,688 / liter;
– RON95-III Gasoline: not higher than VND 22,191 / liter;
– Diesel 0.05S: not higher than VND 17,695 / liter;
– Petroleum: not higher than VND 16,625 / liter;
– Mazut 180CST 3.5S: no higher than VND 16,002 / kg.
Appropriation and use of petroleum price stabilization fund for petroleum products: Applied from 16:00 on May 2, 2019.
Thereby, it can be seen that, from the date of May 2, 2019, the Ministry of Industry and Trade – Finance announced the basic prices of popular consumer petroleum products on the market. This regulation has affected business activities of key petroleum traders, setting a “ceiling” for selling prices of petroleum products, creating transparent and public petroleum try of Industry and Trade – Finance also decided:
Therefore, after making use of the price stabilization fund, the selling price of popular petroleum products on the market is not higher than the price:
– E5-RON92 Gas: not higher than VND 20,688 / liter;
– RON95-III Gasoline: not higher than VND 22,191 / liter;
– Diesel 0.05S: not higher than VND 17,695 / liter;
– Petroleum: not higher than VND 16,625 / liter;
– Mazut 180CST 3.5S: no higher than VND 16,002 / kg.
Appropriation and use of petroleum price stabilization fund for petroleum products: Applied from 16:00 on May 2, 2019.
Thereby, it can be seen that, from the date of May 2, 2019, the Ministry of Industry and Trade – Finance announced the basic prices of popular consumer petroleum products on the market. This regulation has affected business activities of key petroleum traders, setting a “ceiling” for selling prices of petroleum products, creating transparent and public petroleum business activities. Equal and guaranteed prices in line with developments in petroleum products in the world and economic capacity of the people.