Petrol price stabilization fund leftover tops VND3,039 trillion

04:13 PM @ Monday - 12 November, 2018

Price Management Department under the Ministry of Finance yesterday reported the use and leftover amount of petrol price stabilization fund in the third quarter this year.

According to the report, the fund leftover topped VND3,812 billion at the end of the second quarter.

In the third quarter, VND2,042 billion of the funds was used. Businesses’ contribution to the fund reached VND1,264 billion and interest on the fund’s remaining amount was over VND4.7 billion.

Therefore, the fund has over VND3,039 billion ($130.46 million) left as of September 30.

Festival to promote Buon Ma Thuot coffee brand

The 7th Buon Ma Thuot coffee festival will be held from March 9-16, 2019 in the Central Highland province of Dak Lak, aiming to promote Buon Ma Thuot coffee brand and improve the value of Vietnamese coffee.

The project, approved by Dak Lak Provincial People's Committee, also aim to honour domestic coffee growers and traders while encouraging the community to join hands and work together to create and develop coffee culture, particularly in Dak Lak, but also in Vietnam in general.

The festival will feature a diverse range of activities including an exhibition on coffee, a seminar on the development of Vietnamese specialty coffee, an exhibition on the world’s coffee history, a street festival, a contest for farmers, a Vietnamese specialty coffee quality competition, free coffee tasting sessions, a Buon Don elephant festival, and an international paragliding contest.

Through the chain of activities, the festival is expected to continue to introduce the image, potential and strength of the province; promote investment in processing coffee and agricultural products in the area; and attract domestic and foreign tourists to Dak Lak.

The event is also one of the practical activities commemorating the 44th anniversary of the Buon Ma Thuot Victory (March 10, 1975 - March 10, 2019). - VNN -