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Update news petroleum market
The participation of new players in the petroleum market would create benefits for businesses and customers.
An MOIT report shows there are 29 petrol distribution chains in Vietnam and the number has been increasing rapidly in the last year with at least five distributors set up this year.
The Nghi Son Refinery & Petrochemicals Complex with capacity of 10 million tons per annum will open in 2018, changing the supply-demand situation of Vietnam’s petroleum market.