Vietnam: A petrol retail agent that does not have a petrol and oil retail outlet shall be suspended for 01 - 03 months

This is a notable content of the Decree No. 99/2020/NĐ-CP of Vietnam’s Government on penalties for administrative violations against regulations on petroleum, and petrol, oil and gas trading, issued on August 26, 2020.

Đình chỉ 01 - 03 tháng đối với đại lý bán lẻ xăng dầu không có cửa hàng , Nghị định 99/2020/NĐ-CP

Specifically, according to Article 15 of the Decree No. 99/2020/NĐ-CP of Vietnam’s Government, fines for violations against regulations on trading conditions to be satisfied by petrol retail franchisees and petrol retail agents are as follows:

1. A fine ranging from VND 20,000,000 to VND 30,000,000 shall be imposed for employing the manager or staff who has not been trained in fire safety and environmental protection as prescribed, except for the case prescribed in Point c Clause 1 Article 14 hereof.

2. A fine ranging from VND 30,000,000 to VND 50,000,000 shall be imposed on a petrol retail franchisee or petrol retail agent that does not have a petrol and oil retail outlet under its ownership or both its ownership and co-ownership which is granted the certificate of eligibility to act as a petrol and oil retail outlet in accordance with regulations.

Note: A petrol retail franchisee or petrol retail agent that does not have a petrol and oil retail outlet under its ownership or both its ownership and co-ownership which is granted the certificate of eligibility to act as a petrol and oil retail outlet in accordance with regulations shall also have its certificate of eligibility to act as a petrol and oil retail agent or the petrol and oil trading suspended for 01 - 03 months.

View more details at the Decree No. 99/2020/NĐ-CP of Vietnam’s Government, effective from October 11, 2020.

Le Vy

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