People buy petrol at Petrolimex petrol gas station in Ha Noi. (Photo: VNA)

Under the new rates, E5 RON92 biofuel is capped at 19,239 VND (0.73 USD) per litre, a decline of 376 VND, while RON95-III petrol may be sold for no more than 19,620 VND per litre, down 462 VND.

Meanwhile, the 0.05S diesel is priced at 17,476 VND per litre at the highest (down 678 VND), kerosene at 17,937 VND per litre (down 704 VND), and mazut 180CST 3.5S at 13,160 VND per kilogramme (down 233 VND).

With this latest adjustment, domestic fuel prices have undergone 51 revisions since the beginning of the year. RON95 petrol has seen 27 increases and 24 decreases; diesel has recorded 24 rises, 26 drops, and one instance of no change.

The the petrol and oil price stabilisation fund was not used for any of the fuel categories.