Using 4.000 billion VND of PSF in quarter 2

VCN - The Ministry of Finance has announced the balance of the Price Stabilization Fund (PSF) for petroleum in quarter 2 -2016. At the end of 30th June, the balance of PSF was 1,495.432 billion VND.  
dung gan 4000 ty dong quy binh on xang dau trong quy 2
Source: Internet

Specifically, the PSF balance of Vietnam Petroleum Corporation (Petrolimex) is 1,424,931 million VND; the General Military Petroleum Company is 218.558 million VND; Oil City Ltd. (Saigon petro) is 172.333 millionVND; Thanh Le Import and Export Companyis 67.893 millionVND; Thai Son Company B.Q.P 7.719 million VND; Trade and Export traffic materials Company is 4,401 millionVND; JSC Duong Dong - Hoa Phu 2,360 millionVND.

Beside that, other firms have negative fund balances, including the fund's largest negative Vietnam Oil Corporation (PVOil) with 86.574 million VND. Total deductions of PSF from 1st April 2016 to end of 30th June 2016 was 1,525.270 billion VND. Total use of funds in Quarter 2 PSF is 3,821.647 billion VND

Interest accrued on the positive balance of PSF is 4,985 billion VND. Interest accrued on the balance of negative PSFis 323 million VND

Before that, the balance of the PSF at 1st January 2016 was 3970.063 billion VND; the balance of PSF at 31st March 2016 was 3787.147 billion VND.

By H.Vân/Thanh Thuy

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