Business

Distributors told to ensure petrol supply

Petrol supplies must be assured in both reserve and type regardless of circumstance or great difficulty, according to the Government's direction.

"Any enterprises which don't conform to the regulation must face the responsibility. We will take drastic measures to assure this as we are resolved to deal with violating parties," Deputy Minister of Industry and Trade Nguyen Cam Tu said at a meeting with key petrol enterprises on March 12.
Business

Fuel wholesale traders to get more money

The Ministry of Finance has agreed that from Feb. 11, petrol wholesale traders would receive more money from the fuel price stabilisation fund to retain stability on the domestic petrol market as the world price of oil has increased to around 105 USD per barrel.