Decision of the Prime Minister No. 111/2000/QD-TTg of 2000 on Petroleum Business Management

Meta Data

Draft:

Revision of previous policy?:

Draft Year:

2000

Effective Start Year:

2000

Scope:

National

Document Type:

Other

Economic Sector:

Energy

Energy Types:

Oil

Issued by:

The Prime Minister of Government

Source:

ThuVienPhapLuat.vn (VN)

Luatminhkhue.vn (EN)

File:

Decision No. 111/2000/QD-TTg of 2000 (EN)

Overall Summary:

A Decision on petroleum business management, providing for maximum retail prices and taxes.

Pricing

Energy pricing:

As from September 21, 2000, to adjust the limited maximum retail prices for various types of petroleum as follows: Common car gasoline: 5,100 dong/liter Diesel oil of 1%S: 4,000 dong/liter Fuel oil (wholesale price): 2,500 dong/kg.

Trade

Import taxes and fee exemptions:

The Ministry of Finance shall, according to its competence, have to immediately issue the decision to adjust the car gasoline import tax rate to 0%.

Governance

Energy management principles:

The Government Pricing Commission shall coordinate with the Ministry of Trade in guiding and organizing the implementation of the adjustment of the abovementioned prices.

Full Document Text

THE PRIME MINISTER OF GOVERNMENT

No: 111/2000/QD-TTg

SOCIALIST REPUBLIC OF VIET NAM

Independence - Freedom - Happiness

Ha Noi, day 20 month 09 year 2000

DECISION No. 111/2000/QD-TTg OF SEPTEMBER 20, 2000 ON PETROLEUM BUSINESS MANAGEMENT

THE PRIME MINISTER

Pursuant to the Law on Organization of the Government of September 30, 1992;

At the proposals of the Head of the Government Pricing Commission in Reports No. 813/TTr-BVGCP of September 14, 2000 and No. 826/TTr-BVGCP of September 19, 2000; the comments made by the concerned ministries and branches at the September 18, 2000 conference on petroleum business,

DECIDES:

Article 1.- As from September 21, 2000, to adjust the limited maximum retail prices for various types of petroleum as follows:

Common car gasoline: 5,100 dong/liter

Diesel oil of 1%S: 4,000 dong/liter

Fuel oil (wholesale price): 2,500 dong/kg.

The Government Pricing Commission shall coordinate with the Ministry of Trade in guiding and organizing the implementation of the adjustment of the above-mentioned prices.

Article 2.- The Ministry of Finance shall, according to its competence, have to immediately issue the decision to adjust the car gasoline import tax rate to 0%.

Article 3.- The Ministry of Trade, the Ministry of Finance and the Vietnam State Bank shall continue to carry out the tasks assigned in Article 2 of the Prime Minister�s Decision No. 81/2000/QD-TTg of July 7, 2000 on Petroleum Business Management.

Article 4.- This Decision takes effect as from September 21, 2000.

The ministers, the heads of the ministerial-level agencies, the heads of agencies attached to the Government, the presidents of the People�s Committees of the provinces and centrally-run cities shall have to implement this Decision.

For the Prime Minister
Deputy Prime Minister
NGUYEN TAN DUNG

THE PRIME MINISTER OF GOVERNMENT

Nguyen Tan Dung