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MOF requests oil price stability

Update: January, 20/2012 - 10:16

HA NOI — The Ministry of Finance (MOF) requested enterprises to maintain fuel prices as they were in an announcement issued yesterday.

In lieu of increasing prices, enterprises will be permitted to use the price stabilisation fund as follows: gasoline must be kept stable at VND1,400 (US$0.07) per litre; diesel may increase to VND1,240 from VND690 per litre; kerosene can rise to VND780 ($0.04) from VND440 per litre; and mazut oil may increase to VND1,610 ($0.08) from VND740 per kg.-VNS

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