Hanoi, April 29 -- Hanoi (VNS/VNA) - Vietnam stops regulating kerosene prices from April 29, allowing businesses to set retail prices based on market conditions under a new decree issued by the Ministry of Industry and Trade on April 28. The decree removes kerosene from the list of petroleum products subject to State price management under Circular 18/2025/TT-BCT dated March 13, 2025. Nguyen Thuy Hien, Deputy Director of the ministry's Domestic Markets Management Department, said that from April 29, enterprises will be responsible for determining kerosene prices. Kerosene plays a limited role in the domestic fuel mix, accounting for just about 0.1% of total petroleum consumption. She said enterprises have already been allowed to decide pr...