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Ho Chi Minh City
Saturday, July 13, 2024

PM orders swift action amid short supply of fuel

The Saigon Times

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HCMC – The prime minister has issued a telegram ordering the relevant ministries and agencies to take swift action to cope with the ongoing fuel supply disruptions.

The prime minister asked the Ministry of Industry and Trade to promptly review fuel trading regulations and propose supplementing and amending them, mainly those on the interval between fuel price adjustments and the fuel price stabilization fund.

The ministry was also tasked with working with the Ministry of Finance and other agencies to keep a close watch on the development of the local fuel market and improve their fuel supply management.

The Ministry of Industry and Trade has to direct fuel wholesalers and distributors to maintain sufficient fuel supply.

The local media reported that the Government leader also assigned the ministry to regularly conduct inspections into gas stations and impose harsh sanctions on those hoarding and smuggling fuel.

In addition, the prime minister urged the Ministries of Industry-Trade and Finance and the central bank to collaborate with fuel associations and wholesalers to determine what is obstructing fuel supplies.

The Ministry of Information and Communications was asked to work with the Ministries of Industry-Trade and Finance to promptly provide residents with timely, objective and accurate information about gasoline supply.

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