Good news for gasoline prices: Down for 5 consecutive sessions.

On the afternoon of January 8th, the Ministry of Finance and the Ministry of Industry and Trade jointly adjusted retail gasoline and diesel prices, effective from 3 PM that same day.

The regulatory agency decided to reduce the price of E5 RON 92 gasoline by 200 VND/liter and RON 95 gasoline by 350 VND/liter. After the adjustment, the retail price of E5 RON 92 gasoline is 18,230 VND/liter and RON 95 gasoline is 18,560 VND/liter.

Meanwhile, diesel fuel decreased by 190 VND/liter to 17,060 VND/liter, kerosene decreased by 140 VND/liter to 17,550 VND/liter; and fuel oil increased by 60 VND/kg to 13,400 VND/kg. The regulatory agency continues to maintain the policy of not allocating or disbursing funds from the price stabilization fund.

Thus, domestic gasoline prices have decreased for 5 consecutive sessions. In 2025, RON 95 gasoline prices increased 27 times and decreased 27 times. Diesel prices increased 24 times, decreased 27 times, and remained unchanged twice.

The fuel price stabilization fund of several key enterprises still has a large positive balance because this fund has not been used in many recent price adjustment periods. The fund balance as of the end of the second quarter was over 5,614 billion VND. Of this, the balance at Vietnam National Petroleum Group ( Petrolimex ) accounts for half, at 3,084 billion VND.

According to Circular 50 of the Ministry of Industry and Trade , from June 1, 2026, unleaded gasoline must be blended into E10 gasoline (mixing 10% ethanol with unleaded gasoline) for use in gasoline engines nationwide. In addition, blending of E5 RON 92 gasoline for use in gasoline engines will continue until December 31, 2030.

During recent meetings with Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan, major petroleum businesses affirmed their readiness in terms of infrastructure, technology, and resources to implement the roadmap for blending and trading biofuels in accordance with regulations.

At Petrolimex, Deputy General Director Nguyen Van Su said the group currently has 8 biofuel blending depots in key areas; and is also reviewing and upgrading infrastructure to blend and sell E5 and E10 gasoline with an expected output of approximately 455,000 m3/month.

The unit also stated that it will flush storage tanks, improve technical conditions at 2,800 gas stations, and update quality management procedures to ensure that E5 and E10 gasoline meet standards.

According to General Director Nguyen Trong Uy of the Military Petroleum Corporation, the company has implemented the blending of E10 gasoline based on the existing E5 system. Infrastructure is being invested in for four upstream depots, expected to be completed before January 31, 2026, and products will be launched on the market from February 2026, with a blending capacity of approximately 40,000-50,000 m3/month.

Source: https://dantri.com.vn/kinh-doanh/tin-vui-voi-gia-xang-giam-5-phien-lien-tiep-20260108133441166.htm