Hanoi, March 27 -- The Ministry of Industry and Trade (MoIT) and the Ministry of Finance have decided to further cut retail fuel prices, effective from midnight on March 26.

Under the new pricing framework, E5 RON92 biofuel is capped at 23,326 VND (0.89 USD) per litre, down 4,749 VND from the previous ceiling. The price of RON95-III is set at no more than 24,332 VND per litre, marking a decrease of 5,625 VND.

Meanwhile, diesel 0.05S is priced at a maximum of 35,440 VND per litre, down 2,459 VND, and kerosene at no more than 35,384 VND per litre, a drop of 971 VND. In contrast, mazut 180CST 3.5S has risen by 1,503 VND to a maximum of 21,748 VND per kilogramme.

Since March 10, authorities have continuously used the fuel price stabilisati...