Petroleum Price Stabilization Fund of Vietnam
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- Expenditure of petrol price stabilization fund under the new regulations in Vietnam
- 10:50, 26/11/2021
- According to Circular 103/2021/TT-BTC, spending on petrol price stabilization fund is made when the base price is higher than the current retail price or the increase in petrol price affects socio-economic development and people's life. The main trader in petrol and oil trading is only allowed to spend using the petrol and oil price stabilization fund according to the notice on petrol and oil price management of the Ministry of Industry and Trade of Vietnam,
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- New Circular on setting up and using the Petroleum Price Stabilization Fund of Vietnam
- 08:35, 26/11/2021
- On November 18, 2021, the Ministry of Finance of Vietnam promulgated Circular 103/2021/TT-BTC method of setting up, spending, using and managing the petrol and oil price stabilization fund.
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