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Oct 05, 2015 / 13:16

Finance ministry to tighten price management over key products

At the press conference held on October 2 to review the implementation of financial tasks and the State budget in the first 9 months of this year, Deputy Minister of Finance Vu Thi Mai said the ministry would continue to keep close eye on cost of key products.

According to Deputy Minister Vu Thi Mai, one of the key tasks to be taken by the finance ministry in the last quarter of the year is to tighten price management over key products such as electricity, coal, petrol and public services to ensure market stability. 
 
Photo for illustration
Photo for illustration
Regarding the State budget, the ministry reported that budget collection in the past nine months reached 683 trillion VND, increasing by 7% over the same period last year. 
Of which, nearly 51.8 trillion VND was collected from crude oil, down 34.8% year-on-year.
Collection from import and export activities reached 123 trillion VND in the January-September period. 
During the period, the country's total State budget spending was estimated at nearly 824 trillion VND, equivalent to 72% of the estimates and reaching a 7.8% year-on-year rise.
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