Hanoi, July 3 -- The Ministry of Industry and Trade, and the Ministry of Finance decided to reduce retail prices of petrol products from 3 pm on July 3.

Accordingly, the price of E5RON92 was capped at 19,445 VND per litre (down 1,085 VND), while that of RON95-III was 19,906 VND (down 1,210 VND) per litre.

Meanwhile, the price of diesel was adjusted to 18,408 VND per litre (down 941 VND), while those of kerosene were 18,132 VND (down 932VND) and mazut 15,807 VND per kilogramme (down 1,148 VND).

There have been 28 fuel price adjustments since the beginning of this year.

Specifically, RON95-III petrol has experienced 15 price hikes and 13 cuts. Diesel oil price has increased 14 times, decreased 13 times, and remained unchanged once.

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