Fuel retailers propose base-price and commission setting council
HCMC – Fuel retailers have proposed the ministries of Industry-Trade and Finance establish a council for determining the base prices and commissions for fuels. The proposal was mentioned in their letter to the prime minister yesterday, March 14. Government Decree 95, issued in 2021, defines the
Fuel businesses cry for help
HCMC – Hundreds of fuel companies have written to the prime minister saying the current regulations are putting a strain on their operations. The Government Office said it had received about 250 petitions to revise the law on fuel trading from fuel traders and retailers. In the letters, they asked
Six businesses lose fuel distribution licenses
HCMC – The Ministry of Industry and Trade has revoked the fuel distribution licenses from six local businesses, with effect on February 27. They comprise Bong Sen Vang Oil Co. Ltd.; Dai Long Petro Trading Joint Stock Company; Quang Ha Transport, Construction, and Trading Company Limited; An Huu