The Ministry of Industry and Trade proposes removing the petroleum price stabilization fund from the list of price-stabilization measures and ending its accrual and spending from January 1, 2027. Budget advances under Resolution 69/NQ-CP would be repaid, and if the balance is still insufficient in early 2027, accrual would continue until it is enough. Any surplus after final accounting must be paid fully into the state budget within 15 working days of government approval, and principal enterprises that delay accounting face temporary suspension after 60 days or loss of their qualification after 90 days. On prices, companies must announce new prices at least 30 minutes before they take effect, and raising prices early or delaying price cuts would be banned. The ministry will also announce annual adjustments to standard business costs, indexed to CPI, no later than January 31 each year.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Đề xuất dừng trích Quỹ bình ổn giá xăng dầu từ năm 2027
Related tickers and likely impact
PLX
▲ Likely positivePetrolimex
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Integrated Oil & Gas |
| Market cap | 44,534 bn VND |
| P/E | 13.9 |
| P/B | 1.83 |
| Close on 10/14/2026 | 36.25 |
| Change that session | +0.97% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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