--- title: Vietnam Fuel Prices Rise, Energy Equities Drop on Oct 29 description: Summary of Vietnam retail fuel ceiling price adjustments on October 29, 2026, softening iron ore futures, and pullbacks across domestic energy equities. url: https://ginity.vn/en/blog/vietnam-fuel-prices-oil-gas-stocks-oct-29-2026 canonical: https://ginity.vn/en/blog/vietnam-fuel-prices-oil-gas-stocks-oct-29-2026 markdown: https://ginity.vn/en/blog/vietnam-fuel-prices-oil-gas-stocks-oct-29-2026.md language: en datePublished: 2026-10-29T00:00:00+07:00 dateModified: 2026-10-29T00:00:00+07:00 author: name: Gini url: https://ginity.vn/en/authors/gini reviewer: Ginity Editorial Desk analyst: name: Đào Ngọc Bảo Linh role: Finance and securities specialist location: Ho Chi Minh City telephone: "+84932439639" generatedBy: name: Ginix Harness url: https://ginix.vn desk: id: macro name: Macro & monetary url: https://ginity.vn/en/topics/macro tickers: - PVT - PVP sources: - name: "Vietnam Government Portal: Fuel price adjustment from 15:00 October 29" url: https://baochinhphu.vn/dieu-chinh-gia-xang-dau-tu-15h-ngay-29-10-102261029144050292.htm - name: "Vietnam Government Portal: Commodity market: Iron ore prices touch one-year low" url: https://baochinhphu.vn/thi-truong-hang-hoa-gia-quang-sat-cham-day-mot-nam-102261028142928217.htm - name: "VietnamPlus: Stocks Oct 29: Oil and gas plunge, VN-Index loses over 11 points" url: https://www.vietnamplus.vn/chung-khoan-2910-dau-khi-lao-doc-vn-index-mat-hon-11-diem-post1145028.vnp - name: "CafeF: What happened to oil and gas stocks?" url: https://cafef.vn/chuyen-gi-xay-ra-voi-co-phieu-dau-khi-188261029164151417.chn - name: "CafeF: Q3 2026 profit surged 40%, PVTrans shares hit floor, market capitalization lost over 800 billion VND" url: https://cafef.vn/loi-nhuan-quy-3-2026-tang-40-co-phieu-pvtrans-van-giam-san-von-hoa-mat-hon-800-ty-dong-188261029144743214.chn publisher: Ginity attribution: 'Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content.' disclaimer: "Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources." usageTerms: https://ginity.vn/ai.txt --- # Vietnam Fuel Prices Rise, Energy Equities Drop on Oct 29 > Summary of Vietnam retail fuel ceiling price adjustments on October 29, 2026, softening iron ore futures, and pullbacks across domestic energy equities. Gini · Macro & monetary · 2026-10-29 · https://ginity.vn/en/blog/vietnam-fuel-prices-oil-gas-stocks-oct-29-2026 _Lead analyst: Đào Ngọc Bảo Linh · Finance and securities specialist · Ho Chi Minh City · 0932 439 639_ ## Key takeaways - From 15:00 on October 29, 2026, the retail ceiling price for E5RON92 rose 666 VND/liter to 26,027 VND/liter, while E10RON95-III was capped at 25,734 VND/liter. - December iron ore futures fell 1% to 89.6 USD per ton, while port inventories across 47 tracked ports reached a record 172.8 million tons. - Domestic equities retreated as the VN-Index dropped 0.62% to 1,755.61 points, while PVT hit its floor price, down 6.78%. Vietnam retail petroleum prices recorded simultaneous upward adjustments across all major consumer fuel categories on October 29, 2026. On the same date, domestic petroleum distribution, maritime logistics, and technical service equities listed on the national stock exchange encountered selling pressure following an earlier recovery period, while international industrial commodity benchmarks trended lower. ## Domestic fuel ceiling price adjustments An official announcement by the Ministry of Industry and Trade and the Ministry of Finance detailed revised retail fuel ceiling prices effective from 15:00 on October 29 (source: [Vietnam Government Portal](https://baochinhphu.vn/dieu-chinh-gia-xang-dau-tu-15h-ngay-29-10-102261029144050292.htm)). Authorities carried out allocations and expenditures under the petroleum price stabilization fund pursuant to Decision No. 2849/QD-BCT issued on October 29 by the Minister of Industry and Trade. The price management measures ensure domestic fuel adjustments reflect international market fluctuations while balancing the economic interests of consumers and trading enterprises. | Fuel product | Retail ceiling price (VND/liter or VND/kg) | Price adjustment (VND) | | :--- | :--- | :--- | | E5RON92 gasoline | 26,027 | +666 | | E10RON95-III gasoline | 25,734 | +521 | | Diesel 0.05S | 30,246 | +696 | | Mazut 180CST 3.5S | 23,596 | +223 | Source: [Vietnam Government Portal](https://baochinhphu.vn/dieu-chinh-gia-xang-dau-tu-15h-ngay-29-10-102261029144050292.htm) (October 29). In the October 29 pricing cycle, the ceiling price for E10RON95-III was capped 293 VND per liter below E5RON92 (source: [Vietnam Government Portal](https://baochinhphu.vn/dieu-chinh-gia-xang-dau-tu-15h-ngay-29-10-102261029144050292.htm)). For consumer gasoline products, the ceiling for E5RON92 rose by 666 VND per liter to 26,027 VND per liter, while E10RON95-III increased by 521 VND per liter to reach 25,734 VND per liter. For heavy transport and industrial fuels, the retail ceiling for diesel 0.05S rose to 30,246 VND per liter, reflecting an increase of 696 VND per liter, while mazut 180CST 3.5S reached 23,596 VND per kilogram after an upward adjustment of 223 VND per kilogram (source: [Vietnam Government Portal](https://baochinhphu.vn/dieu-chinh-gia-xang-dau-tu-15h-ngay-29-10-102261029144050292.htm)). ## Cooling trend across industrial commodities In the industrial commodities sector, active December iron ore futures fell 1% to 89.6 USD per ton at the close of trading on October 27, marking their lowest price level in one year (source: [Vietnam Government Portal](https://baochinhphu.vn/thi-truong-hang-hoa-gia-quang-sat-cham-day-mot-nam-102261028142928217.htm)). Official market reporting from the Mercantile Exchange of Vietnam attributed this retreat to weakening Chinese seasonal steel consumption, while port inventories across 47 tracked ports reached a record 172.8 million tons (source: [Vietnam Government Portal](https://baochinhphu.vn/thi-truong-hang-hoa-gia-quang-sat-cham-day-mot-nam-102261028142928217.htm)). Colder weather during the fourth quarter curbed outdoor construction activity across northern China, while as of October 23 only 11.26% of Chinese steel mills operated profitably in the context of negative imported ore margins at 4.89 yuan per ton. These compressed processing margins prompted Chinese steelmakers to maintain cautious raw material procurement amid persistent port inventory accumulation. ## Energy equities adjust after recent gains Vietnam stock market trading on October 29 witnessed pullbacks across energy, maritime transport, and petroleum logistics shares. Corrective pressure broadened across the domestic energy value chain, affecting petroleum refiners, fuel distributors, maritime transporters, and technical service providers (source: [CafeF](https://cafef.vn/chuyen-gi-xay-ra-voi-co-phieu-dau-khi-188261029164151417.chn)). Trading across maritime petroleum transport tickers mirrored this weakness as Pacific Petroleum Transportation Joint Stock Company (PVP) traded down to its daily floor limit on October 29 (source: [CafeF](https://cafef.vn/chuyen-gi-xay-ra-voi-co-phieu-dau-khi-188261029164151417.chn)). According to market reporting from CafeF, selling expanded across petroleum counters as investors moved to realize gains, putting pressure on prices as capital rotated across industry sectors (source: [CafeF](https://cafef.vn/chuyen-gi-xay-ra-voi-co-phieu-dau-khi-188261029164151417.chn)). Broad distribution across large-cap and energy counters on October 29 pulled the benchmark VN-Index down by 11.04 points, or 0.62%, closing at 1,755.61 points (sources: [VietnamPlus](https://www.vietnamplus.vn/chung-khoan-2910-dau-khi-lao-doc-vn-index-mat-hon-11-diem-post1145028.vnp), [CafeF](https://cafef.vn/chuyen-gi-xay-ra-voi-co-phieu-dau-khi-188261029164151417.chn)). Across the HoSE trading floor, decliners outnumbered advancing shares with 215 losing issues against 97 gainers and 56 unchanged stocks, while total HoSE trading value reached over 14,505 billion VND (source: [VietnamPlus](https://www.vietnamplus.vn/chung-khoan-2910-dau-khi-lao-doc-vn-index-mat-hon-11-diem-post1145028.vnp)). In the maritime logistics segment, PetroVietnam Transportation Corporation (PVT) hit its floor price, down 6.78% in the October 29 session (source: [CafeF](https://cafef.vn/loi-nhuan-quy-3-2026-tang-40-co-phieu-pvtrans-van-giam-san-von-hoa-mat-hon-800-ty-dong-188261029144743214.chn)). This decline reduced corporate market capitalization by 801 billion VND. This article compiles public disclosures for objective informational purposes. It does not constitute investment advice, trading recommendations, or price targets. ## Sources - Vietnam Government Portal: [Fuel price adjustment from 15:00 October 29](https://baochinhphu.vn/dieu-chinh-gia-xang-dau-tu-15h-ngay-29-10-102261029144050292.htm) (October 29, 2026) - Vietnam Government Portal: [Commodity market: Iron ore prices touch one-year low](https://baochinhphu.vn/thi-truong-hang-hoa-gia-quang-sat-cham-day-mot-nam-102261028142928217.htm) (October 28, 2026) - VietnamPlus: [Stocks Oct 29: Oil and gas plunge, VN-Index loses over 11 points](https://www.vietnamplus.vn/chung-khoan-2910-dau-khi-lao-doc-vn-index-mat-hon-11-diem-post1145028.vnp) (October 29, 2026) - CafeF: [What happened to oil and gas stocks?](https://cafef.vn/chuyen-gi-xay-ra-voi-co-phieu-dau-khi-188261029164151417.chn) (October 29, 2026) - CafeF: [Q3 2026 profit surged 40%, PVTrans shares hit floor, market capitalization lost over 800 billion VND](https://cafef.vn/loi-nhuan-quy-3-2026-tang-40-co-phieu-pvtrans-van-giam-san-von-hoa-mat-hon-800-ty-dong-188261029144743214.chn) (October 29, 2026) --- _Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content._ _Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources._