Petrol price subsidization fund’s remains top $126 million

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

National Assembly Chairwoman Nguyen Thi Kim Ngan presided over the last meeting of the NA Standing Committee 14th session held yesterday in Hanoi (Photo: VNA/VNS)

Committee reviews marine economy

The National Assembly (NA) Standing Committee yesterday reviewed the development of the marine economy along with national defence and security in 2011-16.


Self - introduction

Stock market

SMC buys 2mln shares of Nam Kim Steel

SMC Investment & Trading JSC (SMC)'s shareholders have approved plan to buy 2 million shares of Nam Kim Steel Corp (NKG), priced at VND 27,000 per share in September.