Domestic retail gas prices in September reversed and increased slightly

Domestic retail gas prices in September reversed to increase slightly after 3 consecutive months of decrease, due to fluctuations in the USD/VND exchange rate.

Specifically, the retail price of Petrolimex gas cylinders (including VAT) in September 2025 in the Hanoi market is 417,400 VND/12 kg household cylinder; 1,669,300 VND/48 kg industrial cylinder, respectively increasing by 1,300 VND/12 kg cylinder and 5,200 VND/48 kg cylinder (including VAT).

A representative of Petrolimex Gas Corporation said that the increase in domestic retail gas prices in September was due to fluctuations in the USD/VND exchange rate, even though the average world gas price contract in September was at 505 USD/ton, unchanged from August. Therefore, Petrolimex Gas Corporation adjusted the increase accordingly.

Thus, since the beginning of the year, gas prices have increased once, decreased five times and remained unchanged three times.

World gas prices are calculated based on the CP gas reference price (Contract Price), announced by major suppliers such as Saudi Aramco to set LPG prices on the international market. World gas CP prices are usually announced at the end of the month and applied from the beginning of the following month.

Gas prices in Vietnam currently still depend on world gas import prices because Vietnam has not yet met domestic consumption output. Accordingly, gas price fluctuations in Vietnam depend on many factors such as: USD/VND exchange rate, gas transportation fees, business output; supply and demand fluctuations, import tax policies, value added tax, etc.

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Source: https://baolaocai.vn/gia-gas-ban-le-trong-nuoc-thang-9-dao-chieu-tang-nhe-post881169.html