# Gasoline and electricity prices drop simultaneously: Pricing mechanisms gradually become more flexible.

> 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.

- Date: 2026-11-01 · published 2026-11-01T18:28:25.095Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/33966-gasoline-and-electricity-prices-drop-simultaneously-pricing-mechanisms
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

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.

## Sources

- vietnam.vn: https://www.vietnam.vn/en/gia-xang-dien-dong-loat-giam-co-che-gia-tung-buoc-van-hanh-linh-hoat-hon

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.