New Text Notification

Amendments to regulations of small gasoline vending machines in Vietnam

Bảo Ngọc

10:12, 02/12/2021

Ministry of Industry and Trade of Vietnam issued Circular 17/2021/TT-BCT dated 15/11/2021 amending and supplementing a number of articles of Circular 38/2014/TT-BCT on petrol and oil trading.

According to the Circular, amendments to the regulation of small gasoline vending machines in Vietnam are as follows:

- Small gasoline vending machine is a device with a built-in petrol meter and a tank having the static storage capacity at real temperature of 200 liters per each at maximum.

- Locations where operation of small gasoline vending machines is permitted are the local areas situated within the districts on the list attached to the Prime Minister’s Decision No. 964/QD-TTg dated June 30, 2015, approving the Commercial Development Program at mountainous, remote, isolated and island localities for the 2015 – 2020 period, and documents prescribing amendments, supplements to or replacement of this Decision.”

In addition, Circular 17/2021 also amends on petrol and oil price regulation

- Oil and petrol commodities of which base prices are announced by the State are those commodities that are commonly consumed on the market, including biopetrol, petroleum, diesel, kerosene and mazut oil.

- The Ministry of Industry and Trade shall pick through biopetrol, petroleum, diesel, kerosene and mazut oil commodities to identify the most consumed ones as a basis to announce the base prices.

See more details in Circular 17/2021/TT-BCT effective from January 2, 2022.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

145 lượt xem

- 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