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NA Chairman orders clear scenarios on fuel price management

National Assembly Chairman Vuong Dinh Hue on March 16 suggested the Government set out clear scenarios to ensure energy safety and security, as well as fuel supply and demand in any circumstances.
NA Chairman orders clear scenarios on fuel price management ảnh 1National Assembly Chairman Vuong Dinh Hue concludes the Q&A session (Photo: VNA)
Hanoi (VNA) – National Assembly ChairmanVuong Dinh Hue on March 16 suggested the Government set out clear scenarios toensure energy safety and security, as well as fuel supply and demand in anycircumstances.

He stressed at a hearing session of the NA StandingCommittee’s 9th sitting that such scenarios are crucial given ongoingtensions in the world, and the domestic supply crunch.

Hue ordered comprehensivesolutions to quickly address obstacles to the operation of Nghi Son Oil Refinery,one of the two major local refineries.

The management of domestic fuel prices should keep upwith developments of global prices to ensure harmony of interests of the State,people and businesses, he said.

The NA Chairman suggested the Government reviewand adjust taxes and fees to contribute to curbing oil and petroleum prices once theycontinue to surge, saying the petrol price stabilisation fund should be usedsuitably to support enterprises and people.

He urged the Government to assess and submit the draftresolution on the environmental protection tax rates on petroleum, oil andlubricants to the NA Standing Committee for approval during the second phase ofthe 9th sitting this month so that the document would come intoforce in April.

Along with inspections, supervisions and the handlingof speculation, it is necessary to utlise science and technology in managing fuel prices, he continued.

The top legislator also made conclusions on issuesregarding natural resources and environment, urging a review on the Law onProperty Auction and related documents, focusing on regulations on landauctions.

Assessing the Q&A session, Hue said it has helped todetect limitations in law enforcement, clarify responsibility of ministers andheads of agencies in State management, and seek solutions to limitations./.

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