Decision No. 21/2003/QÐ-BTC of the Minister of Finance on the maximum limit price for gasoline and oil.

Decision No. 21/2003/QÐ-BTC stipulates the maximum limit prices for wholesale and retail sales of gasoline and oil in Vietnam, aiming to adjust domestic selling prices according to the Prime Minister's decision. This document applies to enterprises engaged in the business of gasoline and oil.

문서 번호21/2003/QÐ-BTC
문서 유형Decision
발행 기관Ministry of Finance
서명자Nguyễn Ngọc Tuấn
업데이트16. 06. 2026
분야Price Management
발행일18. 02. 2003
발효일18. 02. 2003
효력 만료일
상태In effect
✦ 스마트 요약

Decision No. 21/2003/QÐ-BTC stipulates the maximum limit prices for wholesale and retail sales of gasoline and oil in Vietnam, aiming to adjust domestic selling prices according to the Prime Minister's decision. This document applies to enterprises engaged in the business of gasoline and oil.

적용 범위

Enterprises engaged in the business of gasoline and oil; Vietnam Oil and Gas Corporation and units assigned by the State with the task of importing and trading in gasoline and oil.

핵심 사항

  • Enterprises engaged in the business of gasoline and oil must comply with the maximum limit prices for wholesale and retail sales as prescribed in Article 1 (5600 dong/kg for unleaded gasoline RON 92, 4400 dong/liter for diesel 0.5%S...).
  • Enterprises have the right to determine specific prices but not exceeding the maximum limit.
  • Enterprises must report and submit regulations on retail prices of gasoline and oil to the Ministry of Finance and the Ministry of Trade for monitoring and inspection.
  • Provincial Departments of Finance and Prices have the responsibility to inspect the implementation of gasoline and oil selling prices in their localities.
  • This Decision takes effect from February 18, 2003.

🌐 이 문서의 사회적 영향

  • Support for stabilizing the domestic gasoline and oil market, preventing excessive price increases.
  • Help consumers predict the maximum price when purchasing gasoline and oil.
  • Create favorable conditions for enterprises engaged in the business of gasoline and oil to operate within the prescribed limits.
  • The burden of management and compliance with regulations for enterprises engaged in the business of gasoline and oil.

❓ 자주 묻는 질문

What is the maximum limit wholesale price for unleaded gasoline RON 92?

5600 dong/kg (Article 1).

How can enterprises engaged in the business of gasoline and oil determine specific prices?

Enterprises have the right to determine specific prices but not exceeding the maximum limit prescribed in Article 1 (Article 3).

To which authorities must enterprises engaged in the business of gasoline and oil report and submit regulations on retail prices?

The Ministry of Finance and the Ministry of Trade (Article 4).

전문

MINISTRY OF FINANCE

SOCIALIST REPUBLIC OF VIET NAM

Independence - Freedom - Happiness

Number: 21/2003/QĐ-BTC Hanoi, February 18, 2003

DECISION OF THE MINISTER OF FINANCE

on the maximum ceiling price for gasoline and diesel fuel

THE MINISTER OF FINANCE

Pursuant to Decree No. 178/CP dated October 28, 1994 of the Government on the tasks, powers, and organizational structure of the Ministry of Finance;

Implementing Decision No. 25/2003/QĐ-TTg dated February 17, 2003 of the Prime Minister on adjusting domestic gasoline and diesel oil selling prices;

After reaching consensus with the Ministry of Trade;

DECISION:

Article 1 - Now, the maximum selling price ceiling (inclusive of value-added tax) for certain types of standard gasoline and diesel fuel at actual temperatures throughout the country is as follows:

Maximum Wholesale Price Maximum Retail Price

maximum (VND/kg) maximum (VND/liter)

- Unleaded Gasoline RON 92: - 5,600

- Unleaded Gasoline RON 90: - 5,400

- Unleaded Gasoline RON 83: - 5,200

- Diesel Fuel 0.5%S: - 4,400

- Diesel Fuel 1%S: - 4,300

- Kerosene: - 4,300

- Boiler Fuel Oil (FO N°2B(3.5%S)):

3,200 -

The prices of other types of gasoline and diesel fuel shall be determined by enterprises engaged in the business of gasoline and diesel fuel based on the actual selling prices of the aforementioned standard types of gasoline and diesel fuel on the market and the quality differences compared to the specified types.

Article 2 - Place of sale:

- Wholesale: goods are delivered to the central warehouse of the province or city on the buyer's means of transport;

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

Article 3 - Enterprises engaged in the business of gasoline and diesel fuel have the right to decide specific wholesale and retail prices for each type of gasoline and diesel fuel at different times in accordance with cost and market prices but must not exceed the maximum price ceiling stipulated herein.Article 1.

In case of fluctuations in the market prices of gasoline and diesel fuel, Vietnam Oil and Gas Corporation, and other enterprises assigned by the State to import and trade in gasoline and diesel fuel (referred to as other enterprises) shall be responsible for balancing supply and demand to ensure that market prices do not exceed the maximum price ceiling.

Article 4 - Regulations on the retail prices of gasoline and diesel fuel by enterprises engaged in the business of gasoline and diesel fuel (or delegated to subordinate units) must be submitted to the Ministry of Finance and the Ministry of Trade for monitoring and inspection. As for regulations on wholesale prices of gasoline and diesel fuel, enterprises engaged in the business of gasoline and diesel fuel must report accurately and promptly when requested by the Ministry of Finance and the Ministry of Trade.

Provincial Departments of Finance and Price Control shall cooperate with provincial Departments of Trade to monitor the implementation of gasoline and diesel fuel 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 5 - This Decision shall take effect from February 18, 2003. All previous decisions that conflict with this Decision shall be invalid.

Place of Receipt: 

CERTIFIED BY THE MINISTER OF FINANCE

Vice Minister

- Central Office, 

- Office of the President, National Assembly Office,

- Government Office, Central Economic Commission of the Party,

- Vietnam General Confederation of Labor, Vietnam Fatherland Front,

- People's Councils of provinces and centrally governed cities,

- Ministries: Trade, Planning and Investment, Transport, Industry, Agriculture and Rural Development,

- Provincial Departments of Finance and Price Control,

- State-owned Corporations: Vietnam Oil and Gas Corporation, Vietnam Oil Corporation,

- Companies: Ho Chi Minh City Oil Corporation, Trading and Engineering Investment Corporation, Oil Trading Corporation, Aviation Oil Corporation, Military Oil Corporation, Dong Thap Oil Trading Corporation, Petroto Mekong,

- To be filed:

+Ministry Office, 

+All General Departments, Directorates, Bureaus, Institutes under the Ministry,

+Government Legal Affairs Committee (10b)

(SIGNED)

Nguyen Ngoc Tuan

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21/2003/QÐ-BTC
Decision No. 21/2003/QÐ-BTC of the Minister of Finance on the maximum limit price for gasoline and oil.
In effect

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