30 C
Ho Chi Minh City
Tuesday, July 23, 2024

Trade Ministry forms three fuel inspection teams

The Saigon Times

Must read

HCMC – Due to the recent fuel supply disruptions, the Ministry of Industry and Trade has decided to establish three inspection teams to look into the operations of fuel trading businesses.

The inspection teams — one in the north of the country, one in the center and one in the south — will coordinate with the relevant authorities to check whether petrol businesses, including traders, agents and retailers, are complying with the current regulations.

The inspections should not cause any inconvenience to businesses, especially those conducting normal business operations and complying with the law. The inspection teams will focus on those entities failing to adhere to the regulations, show signs of violation and ignore their obligations over petrol supply.

According to the Ministry of Industry and Trade, there is currently no shortage of fuel supply on the market at the moment. But some businesses are selling moderate amounts of fuels due to concerns over losses though they have sufficient stock to meet consumers’ demand.

The inspections are intended to pinpoint the reasons for the recent fuel supply disruptions, and the ministry will come up with coping solutions.

More articles


Please enter your comment!
Please enter your name here

Latest articles