THE GOVERNMENT
 
No. 83/2014/ND-CP
THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom – Happiness
Hanoi, September 3, 2014
 
 
   DECREE    
On petrol and oil trading
 
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the June 14, 2005 Commercial Law;
At the proposal of the Minister of Industry and Trade,
The Government promulgates the Decree on petrol and oil trading.
 
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation
This Decree prescribes petrol and oil trading and conditions for petrol and oil trading on the Vietnamese market.
Article 2. Subjects of application
1. This Decree applies to Vietnamese traders in accordance with the Commercial Law.
2. This Decree does not apply to traders that import, produce and process petrol and oil for their own demand without selling them on the market as registered with the Ministry of Industry and Trade.
Article 3. Interpretation of terms
In this Decree, the terms below are construed as follows:
1. Petrol and oil is a general term used to refer to products of the crude oil refining process which are used as fuel, including engine petrol, diesel oil, kerosene, fuel oil and jet fuel; bio-fuel and other products used as engine fuel, excluding liquefied gas and compressed natural gas.
2. Petrol and oil trading covers export (of domestically produced petrol and oil and raw materials and imported petrol and oil and raw materials), import, temporary import for re-export, border-gate transfer and export processing of petrol and oil and raw materials; production and processing of petrol and oil; distribution of petrol and oil on the domestic market; and provision of services of warehouse and port leasing and receipt, preservation and transportation of petrol and oil.
3. Petrol and oil production means the process of refining and transforming crude oil, petrol and oil products, semi-finished petrol and oil products, additives and other preparations into petrol and oil products.
4. Petrol and oil processing means the process to mix petrol and oil products and semi-finished products, additives and other preparations to turn them into finished petrol and oil products.

 

[1] Công Báo Nos 865-866 (21/9/2014)