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Saturday, June 15, 2024

Four gas stations in HCMC apply for dissolution

By N. Tan

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HCMC – Six gas stations in HCMC have suspended operations, with four in the process of conducting procedures for dissolution, according to the market surveillance agency in HCMC.

The four are the Go Vap Branch Gas Station in Go Vap District, Hoang Phong Station in District 7, Truong Thieu Sinh Quan in the outlying district of Cu Chi and Gas Station 178 in Binh Thanh District.

Among the six gas stations, Dong Saigon Gas Station in Thu Duc City is struggling financially.

As of March 23, the city had 15 fuel export-import firms and 549 gas stations, so fuel supplies for the domestic market remain stable. No fuel hoarding has been detected.

To ensure a sufficient fuel supply, the agency asked its market surveillance teams to keep an eye on the operation of gas stations and fuel trading firms in the city.

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