October 7, 2008

Vietnamese Government to Revoke 33 Petrol Station Licenses

The Vietnamese ministry of industry and trade has asked provincial people's committees to annul business licenses of 33 petrol stations across the country, which are alleged to have been defrauding customers, according to PetrolWorld.

The ministry has said that violators' licenses will be withdrawn with immediate effect and operator details will be made public. A report on the suspension of the licenses is expected to be sent to the Vietnamese prime minister by October 15, 2008.

The source has quoted Nguyen Tu, the deputy minister for trade, as saying that the petrol stations had defrauded customers by installing electronic chips to tweak volume displays on the pumps. The ministry has directed government agencies to continue inspecting gas stations across Vietnam for such illegal activities.