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Petroleum business
News updates related to petroleum business
What is E10 gasoline and which cars can use it?
From August 1, some petroleum businesses in Vietnam will begin piloting the sale of E10 gasoline to the market. However, many car and motorbike users are still unclear about this type of gasoline and wonder whether their vehicles can use E10 gasoline?
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By March 31, petroleum businesses that do not issue electronic invoices for each sale will be penalized.
(Baonghean.vn) - Currently in Nghe An, retail gas stations are actively investing in infrastructure to apply electronic invoices for each sale according to regulations of the Ministry of Finance. After March 31, 2024, if gas stations do not implement this, the authorities will impose sanctions.
Tax sector strengthens management and use of electronic invoices in petroleum business
(Baonghean.vn) - The General Department of Taxation has issued Official Dispatch No. 5080/TCT-DNL dated November 13, 2023 requesting tax authorities at all levels to urgently grasp the current situation of implementing electronic invoices for each sale of gasoline.
News on November 6
(Baonghean.vn) - The Provincial People's Committee directed to overcome the shortcomings and limitations pointed out by the Government's Steering Committee for Administrative Reform; Many gas stations in Nghe An are at risk of closing due to business losses; Many business owners in Nghe An have their departure from the country temporarily suspended due to tax debts... are the highlights of November 6.
Many gas stations in Nghe An are at risk of closing due to losses.
(Baonghean.vn) - In recent days, many gasoline retailers in Nghe An said that the discount rate (commission) for gasoline has dropped to such a low level that they are not able to cover business expenses, leading to losses.
Decree on petrol and oil trading needs to harmonize the interests of all parties
(Baonghean.vn) - Petroleum is a hot issue today. The Ministry of Industry and Trade is drafting a Decree amending and supplementing Decree 95/2021/ND-CP and Decree 83/2014/ND-CP of the Government on petroleum trading.
Telegram on strict supervision of implementation of commitments in petroleum business
The Ministry of Industry and Trade has issued Official Dispatch No. 7322/CD-BCT to the General Department of Market Management and the Market Management Departments of provinces and cities regarding the supervision of commitment implementation, serious inspection and handling of violations in petroleum business activities.
Gasoline prices are expected to increase, the Petroleum Association proposed an adjustment on September 1
DNUM_DAZAIZCACC 15:32
According to the Vietnam Petroleum Association (VINPA), adjusting gasoline prices on September 1 in accordance with the cycle will reduce difficulties for businesses, while facilitating units in creating sources and serving consumption needs well...
Nghe An: Highlights on March 23
DNUM_CDZADZCACC 17:44
(Baonghean.vn) - The Standing Committee of Nghe An Provincial Party Committee held its regular meeting in March; Strengthened inspection and supervision of petroleum business activities; Found 50 million VND and searched for the person who dropped it to return it... are the highlights of March 23.
Nghe An directs to strengthen inspection and supervision of petroleum business activities, stabilize the market
DNUM_CDZADZCACC 09:11
(Baonghean.vn) - Implementing the direction of the Ministry of Industry and Trade, the Provincial People's Committee has just issued Official Dispatch 1804/UBND-KT dated March 21, 2022 requesting departments, branches, People's Committees of districts, cities and towns to strengthen inspection and supervision of petroleum business activities.
Nghe An: Highlights on July 11
DNUM_BBZAHZCACB 19:06
(Baonghean.vn) - Lifting the blockade of the Obstetrics Department - Nghe An General Hospital; Revoking the right to use the Certificate of General Agent for Petroleum Business for 2 enterprises; Discovering 9 subjects illegally entering the country through border trails; Many markets in Vinh City do not have forces to control people entering and leaving; Nghe An teachers and students "fight the epidemic" with... paintings... are the highlights of July 11.
Nghe An: Revoking the right to use the Certificate of General Agent for Petroleum Business for 2 enterprises
DNUM_BBZAHZCACB 10:13
(Baonghean.vn) - After inspecting 21 enterprises and retail stores of gasoline, Nghe An Market Management Department handled 04 establishments for violations; revoked the right to use the Certificate of eligibility to act as General Agent of gasoline for 2 enterprises.
Gasoline and oil prices may increase further tomorrow
DNUM_BBZAFZCACB 10:23
World gasoline prices are rising sharply to over 78 USD per barrel, so tomorrow's adjustment period may slightly increase domestic gasoline prices.
Tightening management of petroleum business: Final article: Appropriate and decisive handling
DNUM_CHZAEZCACB 09:15
(Baonghean.vn) - Faced with unresolved problems and difficulties, it requires the decisive involvement of authorities as well as a mechanism to untie the "bottlenecks".
Tightening management of petroleum business - Part 1: Violations
DNUM_CGZAEZCACB 09:25
(Baonghean.vn) - Although it is a specialized business with strict standards, in reality, there are many problems surrounding the petroleum business; many stores have not been granted a certificate of eligibility for retail, in some cases they still do business in their own homes, do not have a construction permit, violate traffic safety corridors...
'Exposing' fraudulent tricks in petroleum business in Nghe An
DNUM_BEZACZCACA 09:35
(Baonghean.vn) - Over the past years, the authorities of Nghe An province have continuously discovered and handled many fraudulent acts and tricks in the gasoline and oil business of many enterprises.
Fraud in the petroleum business is increasingly sophisticated.
DNUM_BIZAGZCABJ 17:12
(Baonghean) - Fraudulent acts in the petroleum business are increasingly sophisticated and complicated, posing significant challenges for authorities in detecting, arresting, and handling...
Danger from illegal gasoline "bombs" in Nghe An
DNUM_AEZAEZCABJ 16:31
(Baonghean.vn) - Without a license or certificate of eligibility to do business, many gas stations in Quynh Luu district and Hoang Mai town (Nghe An) are still operating openly, posing a potential risk of fire and explosion.
List of 15 illegal gas stations in Dien Chau requested to be removed
DNUM_ABZAEZCABJ 22:19
(Baonghean.vn) - Recently, Dien Chau district requested the removal of 15 illegal gas stations, mainly in the coastal communes of Dien Ngoc and Dien Trung.
Gas stations must install receipt printing equipment.
DNUM_BFZAHZCABI 16:33
From July 1, 2019, petrol and oil measuring columns at fuel stations are required to have equipment to record and print measurement results to provide to customers upon request.
List of 13 unqualified gas stations in Quynh Luu
DNUM_AGZAEZCABI 11:04
(Baonghean.vn) - Of the 88 petrol stations in Quynh Luu district, 13 stations do not meet business conditions, posing a risk of fire and explosion.
Chairman of the Provincial People's Committee: Resolutely suspend businesses selling poor quality gasoline
DNUM_CEZABZCABI 12:41
(Baonghean.vn) - That was the direction of Chairman of the Provincial People's Committee Nguyen Xuan Duong at the regular meeting of the Provincial People's Committee in January 2018 held on the morning of January 24. Also attending were Vice Chairmen of the Provincial People's Committee, members of the committee, and leaders of departments and branches.
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