Decision No. 20/2004/QD-BTC of the Minister of Finance on the guiding prices for petroleum products in 2004.

This Decision sets forth the guiding prices for petroleum products in 2004 applicable to enterprises trading in petroleum products. The specific price levels are detailed and become effective from February 22, 2004.

Số hiệu20/2004/QĐ-BTC
Loại văn bảnDecision
Cơ quan ban hànhMinistry of Finance
Người kýNguyễn Ngọc Tuấn — Thứ trưởng
Cập nhật30/06/2026
Lĩnh vựcUncategorized
Ngày ban hành21/02/2004
Ngày áp dụng19/06/2004
Ngày hết hiệu lực19/06/2004
Tình trạngExpired
✦ Tóm lược thông minh

This Decision sets forth the guiding prices for petroleum products in 2004 applicable to enterprises trading in petroleum products. The specific price levels are detailed and become effective from February 22, 2004.

Đối tượng áp dụng

Enterprises engaged in importing and retailing petroleum products, Ministry of Trade, Provincial/Urban Financial Departments.

Các điểm cốt lõi

  • Petroleum trading enterprises → are specified with wholesale and retail prices (6,000 VND/kg for RON 92 gasoline, 4,550 VND/kg for 1% sulfur diesel).
  • Sales → Wholesale at provincial/urban central warehouses, retail at gas stations and agency stores.
  • Importing enterprises → jointly bear responsibility for pricing violations by their affiliated units and retail agencies.
  • In case of significant fluctuations in international petroleum product prices → enterprises must balance supply and demand and ensure adequate supply.
  • Provincial/Urban Financial Departments → cooperate with Trade Departments to monitor implementation, detect violations, and handle them according to regulations.

🌐 Tác động xã hội từ văn bản này

  • Positive impact: Ensuring stable petroleum product prices, avoiding excessive fluctuations that affect people's lives.
  • Negative impact: Enterprises have higher responsibilities regarding price management and petroleum product supply.

❓ Câu hỏi thường gặp

What is the guiding wholesale price for RON 92 gasoline?

The guiding wholesale price for RON 92 gasoline is 6,000 VND/kg.

What responsibilities do enterprises engaged in importing petroleum products have?

Enterprises must jointly bear responsibility for pricing violations by their affiliated units and retail agencies. Additionally, they are responsible for balancing supply and demand when there are significant market fluctuations internationally.

What responsibilities do Provincial/Urban Financial Departments have?

Financial Departments must cooperate with Trade Departments to monitor implementation, detect violations, and handle them according to their authority.

When does this Decision take effect?

This Decision takes effect from 00:00 hours on February 22, 2004.

How are the specific retail guiding prices for petroleum trading enterprises defined?

Retail guiding prices for other types of petroleum products are based on the actual selling prices of standard petroleum products on the same market and the quality difference compared to those specified in the Decision.

Toàn văn

MINISTRY OF FINANCE

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 20/2004/QĐ-BTC
Date: February 21, 2004

DECISION OF THE MINISTER OF FINANCE

Regarding the Guided Selling Price for Petroleum Products in 2004

 

THE MINISTER OF FINANCE

Pursuant to Decree No. 77/2003/NĐ-CP dated July 1, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Pursuant to Decree No. 170/2003/NĐ-CP dated December 25, 2003 of the Government detailing the implementation of certain provisions of the Price Ordinance;

Pursuant to Decision No. 187/2003/QD-TTg dated September 15, 2003 of the Prime Minister on the issuance of regulations governing the management and business of petroleum products;

In accordance with the guidance of the Prime Minister, after consultation with the Ministry of Trade,

 

DECISION:

Article 1. The directed selling price (inclusive of value-added tax) for certain standard types of petroleum products at actual temperatures is uniformly stipulated throughout the country as follows:

Type

Guided wholesale selling price

(VND/kg)

Guideline Retail Price

(VND/liter)

- Unleaded Gasoline RON 92

6.000

- Unleaded Gasoline RON 90

5.800

- Unleaded Gasoline RON 83

5.600

- Diesel 0.5% S

4.650

- Diesel 1% S

4.550

- Kerosene

4.600

- Fuel for boilers (residual fuel oil FO N 2B)

3.400

The actual selling price of petroleum products imported by enterprises (or authorized units under their system or retail outlets within their distribution network) shall be determined in accordance with the current guidelines of the Ministry of Trade.

The prices of other types of petroleum products shall be set by enterprises trading in petroleum products based on the actual selling prices of standard petroleum products on the same market and the quality differences compared to the aforementioned petroleum products.

Article 2. Place of sale:

Wholesale: goods delivered at the provincial or municipal central warehouse on the buyer's means of transport;

Retail: goods sold at gas stations and retail outlets in provinces and cities on the buyer's means of transport.

Article 3. Responsibilities of the parties involved:

The Ministry of Trade is responsible for directing petroleum trading enterprises to inventory goods according to current regulations, ensuring smooth business operations.

Enterprises importing petroleum products must jointly bear legal responsibility for the pricing violations of their affiliated units and retail outlets within their distribution system.

In cases where there are significant fluctuations in world petroleum prices, other enterprises assigned by the State to import and trade petroleum products in localities have the responsibility to balance supply and demand and must meet the required petroleum needs according to their assigned tasks.

Provincial Finance Departments shall cooperate with Commerce Departments to monitor the implementation of petroleum product selling prices in their respective localities, promptly identify any violations, and handle them within their authority according to current regulations, or report to competent authorities for handling.

Article 4. This Decision takes effect from 00:00 hours on February 22, 2004, and replaces Decision No. 225/2005/QĐ-BTC dated December 26, 2003.

DEPUTY MINISTER
DEPUTY MINISTER
(Signed)
Nguyen Ngoc Tuan
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Decision No. 20/2004/QD-BTC of the Minister of Finance on the guiding prices for petroleum products in 2004.
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