Circular No. 05 TC/CN-XD guiding the implementation of the Prime Minister's Decision on the use of diesel power for production purposes.

This Circular guides the use of diesel power for production purposes for state-owned enterprises and joint-stock enterprises, stipulates the method of accounting costs and financial settlement when switching to independent diesel generator sets.

Số hiệu05 TC/CN-XD
Loại văn bảnCircular
Cơ quan ban hànhMinistry of Finance
Người kýĐào Thiện Thi — Thứ trưởng
Cập nhật02/07/2026
NgànhIndustry and Trade; Finance
Lĩnh vựcElectricityOil and Gas
Ngày ban hành25/03/1974
Ngày áp dụng25/03/1974
Ngày hết hiệu lực
Tình trạngIn effect
✦ Tóm lược thông minh

This Circular guides the use of diesel power for production purposes for state-owned enterprises and joint-stock enterprises, stipulates the method of accounting costs and financial settlement when switching to independent diesel generator sets.

Đối tượng áp dụng

State-owned enterprises (including joint-stock enterprises) at central or local levels currently using grid electricity must switch to using all or part of their power supply through independent diesel generator sets.

Các điểm cốt lõi

  • When state-owned enterprises and joint-stock enterprises switch to using independent diesel generator sets, they shall account for the cost of electricity according to the current grid electricity price in their locality within the product cost.
  • The difference between the grid electricity price and the diesel-generated electricity price shall be accounted for outside the product cost and must be declared monthly to offset against profits paid to the State budget or supplemented by the State budget if the enterprise incurs losses.
  • Enterprises that have been using diesel power from diesel power plants integrating generated electricity into the common grid shall not be compensated for the difference under this Decision.
  • Enterprises required to use independent diesel generator sets must pay attention to fuel conservation, cost reduction to minimize damage to the State budget to the lowest extent possible.

🌐 Tác động xã hội từ văn bản này

  • Positive impact: Helps enterprises reduce electricity costs and increase production efficiency.
  • Negative impact: May cause difficulties for some enterprises during the transition period, requiring adaptation time.

❓ Câu hỏi thường gặp

Which enterprises are subject to this application?

State-owned enterprises (including joint-stock enterprises) at central or local levels currently using grid electricity must switch to using all or part of their power supply through independent diesel generator sets.

How is the difference between grid electricity prices and diesel-generated electricity prices accounted for?

This difference is accounted for outside the product cost and must be declared monthly to offset against profits paid to the State budget (if the enterprise is profitable) or supplemented by the State budget if the enterprise incurs losses.

How do diesel power stations integrate generated electricity into the common grid?

Diesel power stations of the electricity industry generating electricity integrated into the common grid shall not be compensated for the difference under this Decision.

What should enterprises pay attention to when using diesel power?

Enterprises must pay attention to fuel conservation, cost reduction to minimize damage to the State budget to the lowest extent possible.

Toàn văn

MINISTRY OF FINANCE

 


SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

------------------------------

Number: 05 TC/CN-XD

Hanoi, March 25, 1974

 

CIRCULAR

Guidelines for Implementing the Prime Minister's Decision on the Use of Diesel Power for Production Purposes

Respected:

- Ministries, General Departments, and agencies equivalent to ministries under the Council of Ministers.

- Administrative Committees of regions, provinces, and cities.

In accordance with Decision No. 90/TTg dated August 18, 1969, of the Prime Minister regarding the use of diesel power for production, the Ministry of Finance provides certain principles for accounting costs and financial settlement in cases where enterprises use diesel power for production as follows:  shall be produced as follows:

1/ For state-owned enterprises (including public-private joint ventures), whether central or local, which are currently using grid electricity and must now switch to using all or part of their operations with independent diesel generators, the cost shall be accounted for in the product cost according to the current grid electricity price in the locality.

2/ The difference between the grid electricity price and the diesel electricity price shall be accounted for outside the cost and must be declared monthly (actual diesel expenditure - grid electricity price) to offset profit tax payments (if the enterprise has a profit) or to receive additional budget subsidies to cover losses (if it is a loss-making enterprise).

3/ State-owned enterprises that have been using diesel power from the beginning and diesel power stations of the electricity sector that integrate into the common grid shall not be compensated for the difference according to this decision.

4/ Enterprises must use diesel power through independent generators and diesel power stations under the electricity sector need to pay utmost attention to fuel conservation, cost reduction... to minimize losses to the state budget to the lowest extent possible.

 

KT/BỘ TRƯỞNG BỘ TÀI CHÍNH

DEPUTY MINISTER

(Signed) 

Dao Thien Thi

 

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Bản đồ quan hệ

05 TC/CN-XD
Circular No. 05 TC/CN-XD guiding the implementation of the Prime Minister's Decision on the use of diesel power for production purposes.
In effect

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