March 29, 2026 | 08:18

Govn't approves $303mln boost to fuel price stabilisation fund

Hoàng Sơn

The move aiming to ease pressure on prices and support market stability.

Govn't approves $303mln boost to fuel price stabilisation fund

The Vietnamese Government has approved an additional VND8 trillion ($303.7 million) in advance funding for the fuel price stabilization fund, aiming to ease pressure on prices and support market stability.

Under the decision, the funding will be sourced from the central budget revenue surplus recorded in 2025 and assigned to the Ministry of Industry and Trade.

The ministry has been tasked with implementing the advance, as well as managing and supervising the use of the fund in line with regulations, and developing fuel price management scenarios.

It is also required to ensure that the advance is repaid to the state budget within 12 months of disbursement, once market conditions stabilise.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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