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Vietnam cut gasoline and other fuel prices from 3 p.m. on November 12, 2026, bringing E10 RON 95-III and E5 RON 92 below 20,000 dong per liter. The adjustment also resumed contributions to the fuel price stabilization fund for some products, while the Ministry of Industry and Trade is seeking feedback on proposed fuel trading rules.
Vietnam’s Ministry of Industry and Trade lowered domestic petroleum retail price caps from 3 p.m. on November 12, 2026. E10RON95-III gasoline is capped at 19,845 VND per liter and diesel at 26,822 VND per liter. The petroleum price stabilization fund will not be used in this adjustment.
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.
Global oil prices edged back up on the morning of November 11 after falling to a two-month low in the previous session, as concerns about Middle East supply disruptions eased. Vietnam’s Ministry of Industry and Trade and Ministry of Finance cut gasoline prices on November 5, reducing E5RON92 by 2,305 dong per liter and E10RON95-III by 2,075 dong per liter.
AAA data show the national average price of regular gasoline fell to $3.9788 a gallon on November 10, its first drop below $4 since July. Lower international oil prices and recovering oil exports from the Persian Gulf have helped push prices down, though analysts say seasonal factors have also played a role.
