Recently, major fuel distributors have increased discounts nearly double to retailers.

Since early this week, major fuel distributors have lifted discounts to agents to VND400-450 a liter from VND200-250 a liter after Tet holidays amid they are in loss.

Behind the reason for hike, an official from a distributors in the south of Vietnam said that their losses are easing thank to the price increase from stabilization fund, so distributors want to share the difficulties with retailers in order to encourage them continuing their business.

Xangdau.net