“The draft is built on the principle of ensuring harmony of benefits for consumers and petroleum businesses, and ensuring petroleum supply for domestic consumption. At the same time, it reduces the State’s intervention in the oil and petroleum business activities of the enterprises.
Chinh emphasized four main contents in the draft including oil and petrol supply system, oil and petrol selling prices, the price stabilization fund for those products, and the rights of businesses.”
Source: Businesses allowed to decide their own petrol retail prices: draft decree (vietnamnews.vn)
Businesses To Decide Their Own Petrol Retail Prices
