On September 03, 2014, the Government of Vietnam officially issued Decree No. 83/2014/NĐ-CP on petrol and oil trading.
Currently, petrol and oil trading establishments in Vietnam include special-use ports and petrol and oil production and processing workstations, depots, means of transport and petrol and oil retail stations.
According to Decree No. 83/2014/NĐ-CP of Vietnam’s Government, a petrol and oil station that fully meets the following conditions may be granted an eligibility certificate by a provincial-level Industry and Trade Department to retail petrol and oil:
- Being located under a master plan approved by a competent authority.
- Being owned or co-owned by a trader that is a petrol and oil agent, general agent, retail franchisee, distributor, importer, exporter or producer having a distribution system under this Decree (the applicant must be named in the certificate of eligibility of petrol and oil retail station).
- Being designed, built and equipped according to the current regulations and standards applicable to petrol and oil retail stations, and regulations on fire prevention and fighting and environmental protection issued by competent state management agencies.
- Having its managers and trading staff trained in fire prevention and fighting and environmental protection under current regulations and having training certificates.
Thus, from November 01, 2014, a petrol and oil station must fully meet the 04 above-mentioned conditions to be granted an eligibility certificate by a provincial-level Industry and Trade Department to retail petrol and oil.
View more details at Decree No. 83/2014/NĐ-CP of Vietnam’s Government, effective from November 01, 2014.
Thu Ba
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