Flexibility for market stabilization objectives Although world prices more closely but reduced growth of fuel retail prices in the country absolutely does not correspond to world prices because the executing agency also aims to stabilize Domestic market quite flexible when issuing decisions. There are many time as the Lunar New Year, electricity price hike, the executing agency has decided not to increase the retail price of gasoline but use the stabilization fund to offset the difference; even as today, the executing agency has allowed retail prices, both for the use of the stabilization fund instead of merely increasing retail prices for base price. Besides, there is a notable factor during this period, the related taxes have increased gasoline decreased. In particular, environmental protection tax (in absolute numbers) has increased 3 times (except oil) from October 1-5. Motor gasoline and jet fuel increased from VND1,000 / liter to VND3,000 / liter; diesel by VND500 / liter to VND1,500 / liter to offset state budget. In contrast, import duties on goods back row by the Finance Ministry revised down several percentage points, following a pledge to keep retail gasoline prices "basically not affected by the tax increase environmental protection ". Reviews for Saigon Times Online on the current operating petroleum, business leaders a southern petroleum say, look objectively, operating domestic fuel prices since the Decree 83 has listened closely to world prices, the retail price transparency and publicity. However, at various times, regulatory agencies appear to misuse some tools, such as the stabilization fund. Therefore, every time gas prices rose steadily increase made consumers more urgent. "This is unnecessary misunderstanding. But consumers often remember the times of gasoline rose more than those who remembered what state agencies have repeatedly maintained retail price by using the stabilization fund or reduce import tax border as it did, "he said. Besides, people are more urgent because each time fuel prices increase much as the last chance for many other commodities prices "based steam" to increase. The Consumers can monitor gas prices to track price movements of petroleum products and operating decisions from government agencies, consumers can visit the ministry website at: www.moit. gov.vn and transparency on items gasoline prices. Here, there is much information on the market price of Singapore, reporting on the stabilization fund balances, operating decisions ... are posted. Earlier, under the provisions of the petroleum business, the lead agency operating gasoline prices have publicly transparent information for people tracking and monitoring.
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