What is the fine for violations against regulations on signboards of petrol and oil distributors and retailers in Vietnam?

11:27, 01/09/2020

From October 11, 2020, Decree 99/2020/ND-CP of the Government of Vietnam, on penalties for administrative violations against regulations on petroleum, and petrol, oil and gas trading, will take effect.

What is the fine for violations against regulations on signboards of petrol and oil distributors and retailers in Vietnam? (Internet image)

Article 34 of Decree 99/2020/ND-CP stipulates penalties for violations against regulations on signboards in Vietnam as follows:

1. A fine ranging from VND 10,000,000 to VND 20,000,000 shall be imposed for failure to display the name or displaying incorrect name of the wholesaler or the petrol and oil distributor that supplies petrol and oil on the signboard of a petrol and oil retail outlet.

2. A fine ranging from VND 20,000,000 to VND 40,000,000 shall be imposed on a petrol and oil distributor for failure to set out rules for uniform display of the name of the petrol and oil distributor on the signboard of the petrol and oil retail outlet within the distribution system.

3. A fine ranging from VND 40,000,000 to VND 60,000,000 shall be imposed on a wholesaler for failure to set out rules for uniform display of the name of the wholesaler on the signboard of the petrol and oil retail outlet within the distribution system.

4. The Government’s regulations on penalties for administrative violations against regulations on industrial property shall apply to imposition of penalties for violations against regulations on use of trademarks, trade names, logos and trade indications.

More details can be found in Decree 99/2020/ND-CP, issued on August 26, 2020.

Le Vy

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

3 lượt xem

- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn