Hanoi, September 24, 2026 – Vietnam National Petroleum Group (Petrolimex/the Group – stock code: PLX) officially adjusted its fuel prices, with the new prices as follows:
The new prices take effect from 3:00 p.m. on September 24, 2026, until the next fuel price adjustment by the Inter-Ministerial Steering Committee for Fuel Price Management of the Ministry of Industry and Trade and the Ministry of Finance. The prices are publicly available on the Petrolimex website and at Petrolimex's member petroleum companies.
The fuel prices announced by Petrolimex in this Press Release apply throughout Petrolimex's distribution network in Vietnam, including: (a) Petrolimex-branded filling stations and retail points using small-scale fuel dispensing equipment operated by Petrolimex; (b) filling stations operated by traders acting as agents or general agents for Petrolimex's petroleum products; and (c) filling stations operated by traders receiving retail franchise rights from Petrolimex under franchise agreements.
For areas located far from ports, major storage facilities, and petroleum production facilities as prescribed in Clause 27, Article 1 of Decree No. 95/2021/ND-CP dated November 1, 2021 of the Government (referred to by Petrolimex as “Zone 2”), the General Director of Petrolimex authorizes the Directors of Petrolimex's member petroleum companies to directly determine actual selling prices in the areas where they operate, provided that such prices do not exceed the applicable Zone 2 price ceiling.
This fuel price adjustment is implemented in accordance with Resolution No. 19/2026/QH16 dated April 12, 2026 of the National Assembly, which extends the application period until September 30, 2026 for the environmental protection tax and value-added tax under Articles 1 and 2 of Resolution No. 19/2026/QH16 dated April 12, 2026; the special consumption tax on gasoline is applied in accordance with the Law on Special Consumption Tax No. 66/2025/QH15 and its implementing regulations from July 1, 2026 through September 30, 2026; Resolution No. 55/NQ-CP dated March 19, 2026 of the Government amending and supplementing certain provisions of Resolution No. 36/NQ-CP dated March 6, 2026 of the Government on the Government's regular meeting for February 2026; Resolution No. 204/2025/QH15 of the National Assembly on the reduction of value-added tax, effective from July 1, 2025 through December 31, 2026; Resolution No. 109/2025/UBTVQH15 dated October 17, 2025 of the Standing Committee of the National Assembly on environmental protection tax rates for gasoline, oil, and lubricants, effective from January 1, 2026 through December 31, 2026; developments in global refined petroleum product prices during the pricing cycle; and the principles for determining selling prices under Decree No. 80/2023/ND-CP dated November 17, 2023 of the Government (Decree No. 80), which amends and supplements certain provisions of Decree No. 95/2021/ND-CP dated November 1, 2021 and Decree No. 83/2014/ND-CP dated September 3, 2014 of the Government on petroleum trading, together with relevant implementing guidelines issued by the Inter-Ministerial Steering Committee of the Ministry of Industry and Trade and the Ministry of Finance.
The Decision on Fuel Selling Prices No. 836/PLX-QD-TGD dated September 24, 2026 has been sent to all Petrolimex member units and reported to the Government Office, the Ministry of Industry and Trade, and the Ministry of Finance.
When issuing decisions on retail fuel prices within their respective distribution networks, Petrolimex member units must send the issued price decisions to the Department of Industry and Trade of the relevant province or centrally administered city and to the Group for reporting purposes.
Pursuant to Official Letter No. 7692/BCT-TTTN dated September 24, 2026 of the Ministry of Industry and Trade on petroleum business administration, the rates of contribution to and expenditure from the Petroleum Price Stabilization Fund (BOG), effective from 3:00 p.m., are as follows:
