Topic: Ministry of Industry and Trade (MoIT)

The Ministry of Industry and Trade (MoIT) plans to allocate at least 5.5 million cubic meters of petroleum to 36 key petroleum traders in the fourth quarter of 2022. Key petroleum traders have been assigned by the MoIT to acquire 20.72 million cubic meters. By the end of the third quarter, they had fulfilled 83 per cent of the plan.

The Ministry of Industry and Trade (MoIT) has said it will continue to promote the implementation of the economic recovery program, with a focus on removing difficulties facing businesses, to reach the target of boosting the index of industrial production (IIP) for the year as a whole by 7-8 per cent.