Tripling the Penalty for Violations Regarding Retail Fuel Prices

07:45, 11/07/2024

This is the notable content in Decree 67/2017/ND-CP regulating the sanction of administrative violations in the field of petroleum, gasoline, and gas trading.

from July 10, 2017, a fine ranging from 40 to 60 million VND shall be imposed for the following acts:

- Arbitrarily adjusting the retail price of petroleum products at a different time than specified by the primary trader or distributor (the current fine is from 10 to 20 million VND);- Selling at a price higher than the listed price set by the primary trader or distributor.

Additionally, the fines for violations related to price listing are adjusted as follows:

- A fine ranging from 1 to 2 million VND for the act of not listing the retail price of petroleum products or listing improperly, causing confusion (the current fine is from 5 to 10 million VND);- A fine ranging from 2 to 6 million VND for the act of listing the retail price of petroleum products incorrectly, contrary to the price set by the primary trader or distributor (the current fine is from 5 to 10 million VND).

See details in Decree 67/2017/ND-CP replacing Decree 97/2013/ND-CP.

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