E10 gasoline price drops by nearly 800 VND/liter.

DNVN - From 4 PM on July 2nd, the selling prices of all petroleum products were adjusted downwards, with E10RON95 bio-gasoline decreasing by 788 VND/liter to 20,415 VND/liter.

Tạp chí Doanh Nghiệp•02/07/2026

The Ministry of Industry and Trade and the Ministry of Finance announced that, in the price adjustment period on July 2nd, after deducting and utilizing the Fuel Price Stabilization Fund and applying the standard rates in the base price calculation formula, the maximum selling prices for commonly consumed petroleum products were uniformly reduced.

Specifically, E5RON92 gasoline decreased by 1,055 VND/liter compared to the previous price adjustment period , down to 19,730 VND/liter ; E10RON95 gasoline has a new selling price of 20,415 VND/liter after being adjusted down by 788 VND/ liter.

Meanwhile, diesel and fuel oil prices fell by 690 VND/liter and 977 VND/kg respectively , to 21,176 VND/liter and 14,053 VND/kg .

This is the first price adjustment period after the Government issued Resolution No. 29/2026/NQ-CP on piloting some policies in the implementation of the E10 gasoline roadmap. According to the Resolution, from June 16, 2026 to June 15, 2028, E10 gasoline is identified as a popular consumer product and the State will announce a base price to replace RON95III gasoline.

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Gasoline and diesel prices will decrease across the board from 4 PM on July 2, 2026.

In this price adjustment period, the inter-ministerial committee decided to allocate funds to the Fuel Price Stabilization Fund from the state budget advance for bio-gasoline at 200 VND/ liter , diesel at 200 VND/ liter , and mazut at 400 VND/kg .

Regarding the use of the Fuel Price Stabilization Fund, the regulator decided not to disburse funds for all bio-gasoline, diesel fuel , and fuel oil products.

According to the Ministry of Industry and Trade, this price adjustment period applies the weighted average import tax rate in the base price calculation formula as per Document No. 9017/BTC-QLG dated June 29, 2026, of the Ministry of Finance ; applies some standard rates in the base price as per Document No. 9149/BTC-QLG dated June 30, 2026; and simultaneously implements the establishment and use of the Petroleum Price Stabilization Fund as per Decision No. 1619/QD-BCT dated July 2, 2026, of the Minister of Industry and Trade.

The aim of the regulation is to ensure that domestic gasoline and diesel prices accurately reflect the fluctuating trends of world gasoline and diesel prices, while harmonizing the interests of the State, businesses, and consumers.

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Source: https://doanhnghiepvn.vn/kinh-te/xang-e10-giam-gan-800-dong-lit/20260702035315902