Economy 24h: Latest developments in gasoline and oil prices

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Gasoline prices sharply decreased, diesel oil decreased by nearly 10,000 VND/liter; raw material costs increased, the food industry still grows two-digit;...

Gasoline prices sharply decreased, diesel oil decreased by nearly 10,000 VND/liter

In the operating period on April 9, 2026, the inter-ministry of Industry and Trade - Ministry of Finance continues to apply new tax rates according to Decision 482 of the Prime Minister, and at the same time use the gasoline and oil price stabilization fund (with advance funds from the budget) to manage prices closely following the developments of the world market, ensuring harmony of interests between parties.

The level of stabilization fund allocation applied includes: 800 VND/liter for gasoline (E5RON92 and RON95), 1,000 VND/liter for diesel and 800 VND/kg for mazut oil. This mechanism aims to stabilize domestic selling prices in the face of strong fluctuations in world oil prices.

After management, gasoline and oil prices decreased sharply: E5RON92 gasoline is still a maximum of 22,344 VND/liter (down 2,393 VND), RON95-III is still 23,543 VND/liter (down 2,993 VND), diesel oil is still 32,969 VND/liter (down 9,872 VND) and mazut oil is still 22,613 VND/kg (down 1,658 VND). The difference between E5 and RON95 continues to be maintained to encourage the use of biofuels. See more...

Domestic gold prices plummet, many people take advantage of buying in

On April 9, domestic gold prices simultaneously decreased, making the buying and selling market bustling. In areas such as Cau Giay and Tran Nhan Tong street, many people lined up to wait to buy gold rings, taking advantage of the price adjustment time.

Many people choose to buy more gold rings with the aim of hoarding when they find the price "easy to bear". Transactions are mainly on a small scale, from 0.5 to a few taels, helping customers easily buy and receive them immediately, without having to wait like when buying in large quantities.

Despite fluctuating gold prices, plain round gold rings are still a popular accumulation channel thanks to their simplicity, flexibility and suitability for the financial capacity of many people. See more...

Raw material costs increase, the food industry still grows two-digit

Vietnam's food industry is strongly shifting from quantity production to focusing on quality, standards and added value. According to the Ho Chi Minh City Food Association, many products such as high-quality rice and processed food have met international standards, helping businesses gradually participate more deeply in the global value chain.

The market recorded positive signals with stable consumption and production growth, exports in the first quarter of 2026 reached 16.69 billion USD - the highest in 6 years. However, businesses face great pressure from sharply increased raw material costs, strict ESG standards and the need to invest in technology and green production in the context that purchasing power has not fully recovered.

However, the industry's prospects are still positive thanks to the trend of green, healthy and convenient consumption, along with opportunities from trade agreements and FDI capital flows. According to the Vietnam Food Science and Technology Association, mastering raw materials, technology and developing high-value products will be the key for the industry to improve its level, shifting from crude exports to deep processing. See more...

Following Tien Hai fishermen hunting jellyfish in season

In Nam Cuong commune, every year from January to April of the lunar calendar is the peak season for jellyfish harvesting, attracting fishermen to go to sea simultaneously. This is considered the "main crop", bringing important income in the year, helping people excitedly stick to the sea.

Ngư dân xã Nam Cường tranh thủ ra khơi từ sớm để kịp chuyến biển mùa sứa. Ảnh: Hà Hương
Fishermen in Nam Cuong commune take advantage of going to sea early to catch the jellyfish season sea trip. Photo: Ha Huong

This year's jellyfish output is quite abundant, each sea trip can harvest from 700-1,000, even more. With prices ranging from 15,000-30,000 VND/kg, many fishermen have significant incomes, contributing to improving their lives. The atmosphere in the Cua Lan area has become bustling with fishing and purchasing activities.

Despite the hard work, requiring health and experience, the jellyfish season still brings great motivation to people. Besides exploitation, preliminary processing and processing activities also create more jobs, helping the coastal economy become more vibrant in the first months of the year. See more...

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