Businesses Have the Right to Determine Fuel Prices, but They Are Prohibited From "Ambushing" Consumers.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
The Ministry of Industry and Trade proposes discontinuing the fuel price stabilization fund but supplementing it with price stabilization tools such as maximum prices, price ranges, or specific prices with a time limit if necessary. Gasoline prices reached 28,254 VND, while diesel prices decreased to 29,128 VND per liter. The Ministry of Finance is implementing a comprehensive set of solutions to control inflation in the final months of the year…
The Ministry of Industry and Trade has just submitted a draft decree to replace the decrees on petroleum business to the Government, adding some provisions in the management mechanism for this sector.
(Dan Tri Newspaper) - The new draft by the Ministry of Industry and Trade proposes that gas stations not be allowed to increase prices before the effective date, or delay price reductions; businesses must explain price fluctuations and retain data for monitoring purposes.
On October 13th, the Ministry of Industry and Trade issued Official Letter 8389 to ministries, ministerial-level agencies, provincial departments of industry and trade, the Vietnam Petroleum Association; key petroleum trading, production, and distribution businesses; and the Vietnam National Energy and Industry Corporation, requesting feedback on the draft decree on petroleum business.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
