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Government considers to lift fuel prices

In April 6th, Ministry of Finance and Ministry of Interior have held a conference together at International Convention Centre in Hanoi to summerize the Decree No 130/2005/NĐ-CP of autonomous mechanism for state agencies and Decree No 43/2006/NĐ-CP of autonomous mechanism for public businesses

When asked about latest fuel price, the Mr Vuong Dinh Hue – Minister of Finance said: "China recently has increased fuel prices 2 times, CNY300 a tonne and CNY600 a tonne respectively, while other country in region such as Indonesia also increased fuel price 33%, so government will consider about fuel price increasing in the coming time”.

Previously, Ministry of Finance and Ministry of Industry and Trade have adjusted price of fuel price for domestic market (incl VAT) in region nearby import ports and fuel manufacturers.

In detail, gasoline price has lifted by VND2,100 to VND22,900 a liter from VND20,800 a liter for A92 gasoline; diezel price has increased by VND1,000 to VND21,400 a liter for 0,05S diezel; Kerosene inched by VND600 to VND20,800 a liter from VND20,200; Mazut elevated by VND2,000 to 18,800 a kg from 16,800 a kg for 3,5S mazut.

In addition, government also downed import tax rate to 0% for all fuel products.

Xangdau.net