Accordingly, gasoline and oil selling prices of neighboring countries of Vietnam on April 3, 2026:
Regarding gasoline prices: Singapore: 70. 328 VND/liter; Thailand: 35. 468 VND/liter (Government subsidies); Cambodia: 35. 849 VND/liter (Government subsidies); Laos: 50. 112 VND/liter; China: 34, 827 VND/liter (Government price control); Vietnam: 26, 976 VND/liter.
Regarding oil prices: Singapore: 86,985 VND/liter; Thailand: 38,525 VND/liter (Government subsidies); Cambodia: 49,293 VND/liter; Laos: 61,632 VND/liter; China: 31,733 VND/liter (Government price control); Vietnam: 44,788 VND/liter.
In the context of a strongly volatile global energy market, the management of domestic gasoline and oil prices is being implemented in a more flexible direction to closely follow the developments of the world market, while ensuring domestic supply and demand stability.
The Government has issued Resolution 55, amending and supplementing a number of contents related to gasoline and oil price management of Resolution 36 dated March 6th on the regular Government meeting in February 2026. According to Resolution 55, the adjustment of gasoline and oil prices will be implemented immediately when the base price of one of the commonly consumed gasoline and oil items on the market increases by 15% or more, or decreases by 10% or more, compared to the immediately preceding announcement period.
Over the past time, in the context of conflict in the Middle East causing world oil prices to increase sharply and supply disruptions, the Ministry of Industry and Trade has proactively developed operating plans and synchronously implemented solutions to ensure supply, control prices and maintain the stability of the domestic gasoline and oil market.
Based on the advice of the Ministry, the Government has issued resolutions to optimize the price management cycle, avoid the situation of "periodic shock", and at the same time implement fiscal solutions, including reducing preferential import tax on gasoline and oil to 0% to support businesses in accessing supply in the context of shrinking international markets.
In parallel with management work, the Ministry of Industry and Trade has synchronously implemented solutions to increase domestic supply. From promoting crude oil exploitation, searching for alternative raw materials for Nghi Son Refinery and Petrochemical Plant to increasing the capacity of existing oil refineries and putting ethanol and condensate plants into operation, these solutions have made an important contribution to compensating for the supply shortage and reducing pressure on the market.
