Vietnam’s gasoline prices soar to all-time high 

Following

, the price of gasoline E5RON92 rose by VND540 to VND26,070 per litter, while the price of RON95-III increased by VND550 to VND26,830 per litter, effective at 3:00 p.m. on Tuesday. (One US dollar equals VND22,815)

Meanwhile, the price of oil goods increased by VND470-530 every liter sold. These prices beat

set in July of 2014. The increase on Tuesday was .

According to

on January 2, gasoline prices are modified three times a month on the first, eleventh, and twenty-first days, or on rather than the previous 15-day cycle. Vietnam's fuel costs have , which has been heavily impacted by Russia's military war on Ukraine.

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