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petrol market

MoIT proposes 35 per cent cap on foreign investment in petrol market

MoIT proposes 35 per cent cap on foreign investment in petrol market

The Ministry of Industry and Trade (MoIT) has proposed a 35 per cent cap on foreign investment in local oil and petrol businesses, but said it was open to scrapping the regulation.
State petrol management may loosen

State petrol management may loosen

A new plan from the Ministry of Industry and Trade may ease State control of the local petrol market if petrol operators are seen to compete fairly.
Petrol bill revisions tackle pricing structure

Petrol bill revisions tackle pricing structure

Deputy Prime Minister Hoang Trung Hai has asked the Ministry of Industry and Trade and relevant ministries to submit to the Government in September a final draft of amended Decree No 84/2009/ND-CP on trading petrol.