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BackStories » Vietnam » Vietnam Gasoline Prices Reach Record Highs

After the Ministry of Finance approved a 1% rise in fuel prices yesterday, the cost of gasoline has reached a record high, according to Thanh Nien.

A liter of 92-octane (92 RON) will now set you back VND24,900 and 95-octane (95 RON) VND25,400.

The prices of diesel and kerosene were also increased.

The Ministry of Finance, which approved the hikes recommended by State-owned Petrolimex, Vietnam’s leading fuel importer and distributor, said that the move comes as global oil prices increase.

Now might be a good time to invest in a baller electric bike.

[Thanh Nien // Photo via Stephan Ridgway]

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