Vietnam's fuel traders on Wednesday afternoon lowered the retail price of gasoline for the second time this year amid falling global oil prices.
The 10.7-percent cut came right after a joint order from the Ministry of Finance and the Ministry of Industry and Trade.
The most commonly used fuel grade in Vietnam, 92-RON gasoline, now retails at VND15,670 (US$0.74) per liter.
The diesel price is also down to VND15,170 ($0.71) per liter, kerosene's to VND15,620 ($0.73) per liter.
Vietnam's fuel prices are still set and monitored by the government.
The last price cut was made on January 6, 2015.