On the first working day of the new year, gasoline prices in Vietnam were slightly adjusted. This marks the first administrative session of the Ministry of Industry and Trade and the Ministry of Finance in 2025, providing a clearer picture of the trend in gasoline prices in the near future.
Details of Gasoline Prices in the Administrative Period on January 2, 2025
Details of gasoline prices in the operating period on January 2, 2025
Compared to 2024, while gasoline prices increased slightly, they are still lower than the same period last year. Specifically, each liter of gasoline is now 1,170 VND cheaper, and the price of oil has decreased by 610 VND.
E5 RON 92 gasoline: Increased by 240 VND/liter, reaching 20,050 VND/liter.
RON 95 gasoline: Increased by 200 VND/liter, now priced at 20,740 VND/liter.
Diesel: Increased by 120 VND/liter, with the new price at 18,750 VND/liter.
Kerosene: Adjusted to increase to 19,830 VND/liter.
Mazut: The selling price reached 16,090 VND/kg, showing a slight increase compared to the previous period.
Petroleum Price Stabilization Fund and Management Policy
In this management period, the Ministry of Industry and Trade, in collaboration with the Ministry of Finance, decided not to draw from the price stabilization fund nor use the fund for petroleum products.
This decision is aimed at maintaining price stability in the context of the economy needing support for recovery and development after a challenging year.
How Will the Petroleum Market Fluctuate in 2025?
Although the increase in gasoline prices during the first operating period is not significant, it reflects sensitive signals from international market fluctuations. With global energy supply and demand experiencing strong fluctuations, businesses and consumers need to stay alert and adjust their plans accordingly.
Stability in tax policy and the government's price stabilization fund will continue to play an important role in maintaining reasonable gasoline prices, supporting the economy, and protecting the interests of the people.
