Vietnam continues to stabilize the fuel prices
The domestic retail fuel prices will be keep stable in the coming time,Nguyen Tien Thoa, the Ministry of Finance’s Head of Price Control Department said.
The domestic retail fuel prices will be keep stable in the coming time, the online newspaper Tuoitre reported on February 10, citing Nguyen Tien Thoa, the Ministry of Finance’s Head of Price Control Department.
The country currently ensures to balance the supply and demand of fuel for domestic consumption and stabilization funds for fuel, Thoa also said.
Thoa’s affirmation came out amid the recent hearsay about raising the retail prices of fuel as the local fuel traders still sell fuel at a loss of around VND2,000/liter.
The country tames the retail petrol prices in order to curb its high inflation.
The Price Control Department continues to treat with petrol speculation strictly.
The domestic stock investors are cautious that the retail petrol prices will increase in the coming time. – Stoxplus.com
Tags: Vietnam fuel prices
Posted by VBN on Feb 11 2011. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
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