Total petrol import and production during the first four months of the year reached 7,88 million tonnes, or 9,93 million cubic metres with import accounting for 43.73 per cent.
The Ministry of Industry and Trade will coordinate with related agencies in implementing trade promotion programmes in both traditional and online forms in accordance with the new situation to enhance the value of Việt Nam''s rice products.
MM Mega Market Vietnam (MM Mega Market) officially launched two price stabilisation programmes as part of its largest promotion campaign in 2023 at all MM centres nationwide on April 3.
Deputy Minister of Industry and Trade Do Thang Hai said at present, the MoIT is promoting the implementation of solutions to ensure the balance of supply and demand and stabilise the market of essential goods for the Lunar New Year...
HCM City’s market stabilisation programme will focus on further expanding the distribution system and enhance the efficiency of goods circulation in the coming years.
The Government proposed the operation of the petrol price stabilisation fund should be maintained because it remained an effective tool to regulate petrol prices.
The HCM City''s market stabilisation programme has provided a stable and abundant supply of goods with guaranteed quality at reasonable prices distributed through an extensive retail distribution system in the past 20 years.
Viet Nam is considering amending the Law on Price, which mentions several commodities under the Government’s price stabilisation scheme including petrol and oil.
Retail petroleum businesses have asked to stop contributing to the petrol price stabilisation fund, increasing the commission to reduce losses and permanently withdrawing the license of unprofitable retailers.
Prime Minister Pham Minh Chinh has sent a dispatch to ministers, heads of ministry-level agencies and chairmen of the People’s Committees of centrally-run provinces and cities, asking for strengthened efforts in the management of prices of essential goods and services.