Accordingly, the price of E5RON92 bio-fuel was cut by 179 VND per litre from the base price to be not higher than 22,282 VND (0.87 USD) per litre, while that of RON95-III fell by 258 VND to 23,297 VND per litre at the maximum.

Meanwhile, diesel 0.05S is capped at 20,834 VND per litre, down 342 VND per litre. The kerosene price is not higher than 21,038 VND per litre, down 178 VND per litre.

Meanwhile, Mazut oil 180CST 3.5S is now sold at no more than 17,784 VND per kg, up 250 VND per kg.

The two ministries also decided not to use the petrol price stabilisation fund this time.