RESTRICTEDWORLD TRADE
ORGANIZATIONWT/ACC/VNM/10
26 June 2000
(00-2589)
Working Party on the
Accession of VietnamOriginal:  English
ACCESSION OF VIETNAM
Action Plan for the Implementation of Pricing Policy
The Government of the Socialist Republic of Vietnam has submitted the following Action
Plan for the Implementation of Pricing Policy, with the request that it be circulated to the members of
the Working Party.
_______________
Action already taken 1999 2000 - 2005
Dual pricing:
Up to the middle of 1999,
Vietnam still maintained dualpricing for: electricity,consumption water,telephone installation charge,
telephone subscription
charge, local air fare, entrytickets to historical relics andcultural exhibitions.Dual pricing is only applied for:
electricity, local air fare, telephonesubscription charge, official charge forregistration of industrial property rightprotection (Decision No 53/1999/Q§-
TTg issued by Prime Minister on
26/3/1999 ).Single price tariff will step by
step be applied in 2005 byreducing the gap between localand foreign customers.
Price control policy:
Maximum retail prices arestipulated for gasoline, steel,cement and newspaperprinting papers.Vietnam shall promulgate the
Ordinance on price, being forseenin 2001
Price stabilization fund:
Price stabilization fund wasestablished in 1993 for thepurpose of stabilizingdomestic production and
consumption.The Prime Minister has decided to
remove the price stabilization fund.
__________