Sun, May 31, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Vietnam cuts Oil Stabilization Fund withdrawal funds for gasoline

Posted on 01 June 2010

From Platts.com : Vietnam has cut the amount of funds that oil companies can draw from the Oil Stabilization Fund for gasoline to Dong 200/liter (1 cent/liter) from Dong 500/liter, and that came into effect May 28, the Ministry of Finance said on its web site.
At the same time, the same decree issued May 27 also requires gasoline retailers to reduce retail prices of gasoline by Dong 500/liter — equivalent to 2.9% — on the same day the decree was issued……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 16346 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
M T W T F S S
« Apr    
 123
45678910
11121314151617
18192021222324
25262728293031