The market ended last Friday at 1,505, three points higher than the previous week.

The move is essential against potential shocks on the national economy, especially the impacts from the Ukraine-Russia conflict and declining production capacity from OPEC that are resulted in skyrocketing fuel and gas prices on the global market.

Seafood currently makes up 18% of Vietnam’s total exports of agro-forestry-fishery products, with the US being the largest buyer for 23% of the total market share.

The price of RON95 rose by nearly VND3,000 per liter to an all-time high of VND29,820.

The latest price adjustment marked the first decline in 2022 after six consecutive rises.