Decision No. 25/2003/QĐ-TTg On Adjusting Domestic Gasoline Prices

Pursuant to …;

Regarding the adjustment of domestic gasoline prices

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PRIME MINISTER

Pursuant to the Law on Organization of the Government dated December 25, 2001;

Pursuant to the Prime Minister's conclusion at the Permanent Government Council meeting on February 14, 2003 (document number 83/VPCP-KTTH dated February 14, 2003);

Considering the proposal of the Ministry of Trade in document number 036/TM-KHTK dated February 11, 2003.

DECISION:

Article 1: Adjust the maximum selling price of some types of gasoline as follows:

1. Selling price of unleaded gasoline RON 92: 5,600 VND/liter

2. Selling price of unleaded gasoline RON 90: 5,400 VND/liter

3. Selling price of unleaded gasoline RON 83: 5,200 VND/liter

4. Selling price of diesel 0.5%S: 4,400 VND/liter

5. Selling price of fuel oil: 4,300 VND/liter

6. Selling price of mazut: 3,200 VND/kg

The prices specified above include value-added tax.

Article 2:

1. The Ministry of Finance shall coordinate with the Ministry of Trade to provide detailed guidance for implementation.

2. This Decision takes effect from February 18, 2003; all previous Decisions issued by the Prime Minister that conflict with this Decision shall cease to be effective.

Article 3: The Ministers of Finance, Trade, Planning and Investment; the Governor of the State Bank of Vietnam; and the Chairpersons of the People's Committees of provinces and centrally governed cities are responsible for enforcing this Decision.