Ministry activates fuel price stabilisation fund
The Ministry of Finance on January 28 issued an official regulation
letter ordering traders not to raise retail petrol prices.
The Ministry of Finance on January 28 issued an official regulation
letter ordering traders not to raise retail petrol prices.
At the same time, it and the Ministry of Industry and Trade allowed key petrol traders to increase the use of fuel price stabilisation fund in line with the current circumstances, helping to balance the base price and retail price.
Accordingly, as of Monday afternoon, every litter of petrol, diesel oil, kerosene and oil gets the support of 500 VND (0.24 USD), 200 VND (0.009USD), 400 VND (0.019 USD) and 400 VND (0.019 USD), respectively from the fuel price stabilisation fund.-VNA
At the same time, it and the Ministry of Industry and Trade allowed key petrol traders to increase the use of fuel price stabilisation fund in line with the current circumstances, helping to balance the base price and retail price.
Accordingly, as of Monday afternoon, every litter of petrol, diesel oil, kerosene and oil gets the support of 500 VND (0.24 USD), 200 VND (0.009USD), 400 VND (0.019 USD) and 400 VND (0.019 USD), respectively from the fuel price stabilisation fund.-VNA
You should also see
Lang Son province seeks global status for local geopark
A dossier has been built by the People’s Committee of the northern mountainous province of Lang Son to seek the UNESCO recognition of Lang Son Geopark as a global one.
See more
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
Videos
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
