MoF considers scheme of advancing capital to petroleum importers
06-MAY-2008 Intellasia | Dau Tu Chung Khoan page 6
May 6, 2008 - 7:00:00 AM
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Due to the world's oil price has soared since the start of 2008, Vietnam lost 2.24 trillion dong, reported the finance ministry. In order to reduce the derivative loss and subsidisation for petroleum enterprises, the ministry proposed the government to set up "Petroleum price stabilisation fund" and SBV to ensure capital supply to petroleum importers.
Currently, the ministry also is considering and drafting the scheme of advancing capital to large petroleum importers.
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