- VND8 trillion advanced for fuel price stabilization fund
- State budget to support fuel price stabilization fund
HCMC – The Ministry of Industry and Trade has issued a new circular allowing advances from the state budget to the fuel price stabilization fund to secure supply and keep fuel prices stable.
Circular No. 19/2026, effective from April 3, 2026, regulates the receipt, management, inspection, supervision, auditing and settlement of advances, disbursements, allocations and repayments related to the fuel price stabilization fund, sourced from the state budget.
The circular applies to fuel wholesalers, commercial banks where escrow accounts are held, and other relevant organizations and individuals.
Traders are required to open a dedicated account for the fund at a commercial bank, and the account will be frozen. All advances, disbursements, allocations and repayments must be conducted through this account, separately from other funds.
Interest generated from the account balance will be added to the fund, helping improve the efficiency of financial resource use. The processes for advances, allocations and repayments are subject to strict controls.
