Vietnam: Failure to satisfy the conditions for the petrol and oil distribution system shall be fined up to VND 80 million

15:50, 31/08/2020

This is an important 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.

Specifically, according to Article 16 of the Decree No. 99/2020/NĐ-CP of Vietnam’s Government, 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.

Moreover, a fine ranging from VND 30,000,000 to VND 50,000,000 shall be imposed for any of the following violations:

- Failure to satisfy the conditions for petrol and oil transport vehicles as prescribed;

- Failure to satisfy the conditions for petrol and oil depots and tanks as prescribed.

In addition, a fine ranging from VND 50,000,000 to VND 80,000,000 shall be imposed for failure to satisfy the conditions for the petrol and oil distribution system as prescribed.

Note: The certificate of eligibility to act as a petrol and oil general agent shall be suspended for 01 - 03 months if the violation specified in Clause 2 or 3 of Article 16 of Decree No. 99/2020/NĐ-CP is committed.

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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