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From November 1, Vietnam cut the special consumption tax on gasoline to 0%, lowering E5 RON 92 by 1,800 VND per litre to 24,220 VND. The average retail electricity price was also cut 2% to 2,159.9 VND per kWh, the first such cut in about 20 years outside pandemic relief.
Lower fuel and power costs ease transport and processing expenses for feed producers and farmers in Vietnam. The cut is a domestic tax and price measure and does not change global crude supply.
vietnam.vnBáo Dân tríNov 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
