>Update all physical and digital fuel price displays at retail stations by 24:00 on March 12, 2026, per Circular 13/2023/TT-BTC
>Recalculate and file amended VAT and SCT returns for March 1–12 imports using revised CIF values by March 15, 2026
>Submit Form BOF-PR-03/2026 (Fuel Retail Price Change Notification) to local tax authority via eTax portal before 17:00 on March 13, 2026
English Summary
On March 12, 2026, Vietnam adjusted retail fuel prices: RON95 gasoline rose 1.31% to VND25,570/L, diesel increased 2.08% to VND27,020/L, while E5 RON92 fell 1.96%. This adjustment follows the Ministry of Finance and Ministry of Industry and Trade’s mandatory price linkage mechanism tied to global crude benchmarks and the National Fuel Stabilization Fund (BOF). Foreign businesses affected include fuel importers, licensed distributors, and retail station operators. No new legislation was issued—this is an administrative price revision under Decree No. 95/2022/ND-CP and Circular 13/2023/TT-BTC. Importers must recalculate VAT and Special Consumption Tax (SCT) liabilities based on updated CIF values effective immediately. All licensed stations must display new prices within 24 hours and report changes to local tax authorities. Failure may trigger penalties under Article 13 of the Tax Administration Law. Logistics, manufacturing, and transport firms should review fuel cost pass-through clauses in B2B contracts.