Gasoline prices decreased to only 23,720 per liter, not as strong as rumored

From 3:00 p.m. on August 11, 2022, each liter of gasoline will decrease from 900 – 940 VND, and some other oil products will also have their selling prices adjusted.

According to the Ministry of Industry and Trade – Finance, with this adjustment, the price of E5 Ron 92 gasoline is 23,720 VND/liter, Ron 95 gasoline is 24,660 VND/liter, and some other oil products also have their selling prices adjusted, specifically:

  • E5 Ron 92 gasoline reduced by 900 VND/liter, selling price no more than 23,720 VND/liter
  • Ron 95 gasoline is reduced by 940 VND/liter, the selling price is not higher than 24,660 VND/liter
  • Diesel oil reduced by 1,000 VND/liter, selling price no higher than 22,900 VND/liter
  • Kerosene reduced by 1,210 VND/liter, selling price no higher than 23,320 VND/liter
  • Fuel oil remains the same, selling price is 16,540 VND/kg


The executive agency reduces the level of deductions to the Stabilization Fund. In this period, the operator deducted back into the fund with E5 Ron 92 at 700 and Ron 95 at 750 VND per liter, diesel oil at 350 VND, kerosene at 650 VND and mazut at 716 VND per kg. Compared to the end of June, each liter of Ron 95 is 8,210 VND cheaper, E5 Ron 92 is 7,580 VND cheaper, diesel is 7,110 VND….

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