Vietnam gasoline prices fall below 20,000 dong per liter
Vietnam cut fuel prices from 3 p.m. on November 12, 2026. E5RON92 gasoline fell by 1,499 dong to 19,399 dong per liter. The Ministry of Industry and Trade and the Ministry of Finance also arranged contributions to the fuel price stabilization fund.
Vietnam lowered prices for several refined petroleum products from 3 p.m. on November 12, 2026. E5RON92 gasoline fell by 1,499 dong from the previous adjustment to 19,399 dong per liter; the maximum price of E10RON95-III gasoline fell by 1,311 dong to 19,845 dong per liter. Both gasoline prices are below 20,000 dong per liter, with E5RON92 costing 446 dong less than E10RON95-III.
The price of 0.05S diesel fell by 1,874 dong to 26,822 dong per liter; the maximum price of 180CST 3.5S fuel oil fell by 2,263 dong to 19,742 dong per kilogram. In this adjustment, the Ministry of Industry and Trade and the Ministry of Finance arranged advance funding from the state budget for contributions to the fuel price stabilization fund of 600 dong per liter of biofuel gasoline and 1,000 dong per kilogram of fuel oil.
Between the November 5 and November 12 price adjustments, average international prices for refined petroleum products generally declined. RON92 gasoline used to blend E5RON92 averaged $104 per barrel, down 7.67%; RON95 gasoline used to blend E10RON95-III averaged $106 per barrel, down 6.88%. 0.05S diesel averaged $152.28 per barrel, down 6.92%; 180CST 3.5S fuel oil averaged $620.5 per metric ton, down 15.32%.
During this adjustment period, international oil markets were affected by factors including the absence, for now, of a new round of US strikes on Iran; new attacks on oil tankers in the Strait of Hormuz; an increase in OPEC crude oil production in October; and reports of talks among Russia, the United States and Ukraine concerning the Russia–Ukraine conflict. Prices for refined petroleum products moved in different directions but mostly declined.
Source: VietVance
