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June 20, 2022 | 19:00

Price stabilization tools used in gasoline market

Song Hà

Vietnam’s gasoline market fluctuated greatly in the first five months of 2022, with prices continuing upwards and showing no signs of slowing. To ease the negative impact of rising prices on socio-economic life, the Ministry of Industry and Trade (MoIT) has developed a project to increase the national petroleum reserve, proposed cutting environmental protection taxes, and will continue to use price stabilization tools.

Price stabilization tools used in gasoline market
Photo: Illustration

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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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