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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

Vietnam: Government to keep fuel price stabilization fund

Posted on 11 February 2011

From Saigon-gpdaily.com.vn: The government will continue to operate the fuel price stabilization mechanism though there are reports that a fund meant for it is running out of money.
The Ministry of Finance report that VND83 billion (US$4.25 million) is left in the fund while fuel wholesalers claim it is VND1.35 trillion in the red……………………………………….Full Article: Source

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