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Update news petroleum distribution market
The Ministry of Industry and Trade (MoIT) has issued a decision to revoke the eligibility certificates of four petroleum distributors in Hai Phong, HCM City, Hanoi and Quang Nam Province.
The Vietnam Chamber of Commerrce & Industry and experts have warned that minimum limits on petroleum imports to be allocated by the Ministry of Industry and Trade may kill small businesses.
VietNamNet Bridge - Analysts believe the petroleum distribution market will see a breakthrough after the conclusion of IPOs for PV Oil and Binh Son Refinery (BSR).