National fuel price stabilisation fund put to use

by VTV406 March 2016 Last updated at 09:44 AM

VTV.vn - The national fuel price stabilisation fund will officially be put to use by the Ministry of Industry and Trade starting from 3pm today in order to maintain petrol prices at the current level.

Due to this new development, there will be no increases in the fuel-related product’s price in the local market. Petrol RON 92, E5 and diesel will be subsidised 363 VND to 983 VND per litre/ to keep the prices of petrol RON 92 and bio-petrol E5 at 13,752 VND (0.617 USD) per litre and 13,321 VND (0.597 USD) per litre, respectively.

The national fuel price stabilisation fund had over 180 million USD at the end of last year, according to the Finance Ministry.

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