Petrol price subsidization fund’s remains top $126 million

SGGP
The Ministry of Finance on Wednesday announced that the petrol price subsidization fund’s remains reached VND2,864 billion (US$126.36 million) in the first quarter this year.

Petrol price subsidization fund’s remains top $126 million

The remainder was VND2,389 billion on January 1 and exceeded VND2,864 billion at the end of March 31.  
In the first quarter,  contribution amount by businesses to the fund totaled VND1,207 billion, spending hit VND780 billion and interest revenue reached VND3 billion.
Vietnam National Oil and Gas Group had the largest remainder with VND2 trillion.

By NGOC QUANG – Translated by Hai Mien

Related news

Other news

Most view

Banking-finance

Self - introduction

Stock market

VPBank prepares for listing on HOSE

The Ho Chi Minh City Stock Exchange (HOSE) said over 1.33 billion shares of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will officially be listed on the HOSE, code VPB, from August 17 with the reference price of VND 39,000 per share.