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Name	Import of Petroleum oils required to have import/ export license
Description	Conditions for petrol and oil importers and exporters A trader that fully meets the conditions below may be granted a petrol and oil import or export license by the Ministry of Industry and Trade: 1. Being established lawfully, having registered for petrol and oil trading as specified in its enterprice registration certificate. 2. Having a special-use wharf in Vietnam’s international port system, which is capable of receiving oil tankers or other petrol and oil transport vehicles with a tonnage of at least seven thousand (7,000) tons under its ownership or co-ownership or on a lease for at least five (5) years. 3. Having a depot with a minimum capacity of fifteen thousand (15,000) cubic meters to receive petrol and oil from oil tankers and special-use transport vehicles, which are under its ownership or co-ownership or on a lease for at least five (5) years. Three (3) years after being granted a petrol and oil import or export license, the trader shall own or co-own (with a capital contribution of at least fifty-one percent (51%) the depot system, which is capable of meeting at least one-third (1/3) of the trader’s reserve demand as prescribed in Clause 1, Article 31 of this Decree. 4. Having vehicles for domestic petrol and oil transport under its ownership or co-ownership or on a lease for at least five (5) years from a petrol and oil service provider. Two (2) years after being granted a petrol and oil import or export license, the trader shall own or co-own (with a capital contribution of at least fifty-one percent (51%) vehicles for domestic petrol and oil transport with a total load capacity of at least three thousand cubic meters (3,000 m3). 5. Having a petrol and oil distribution system: At least ten (10) petrol and oil retail stations under its ownership or co-ownership and at least forty (40) petrol and oil general agents or retail agents in its distribution system. Every year after being granted a petrol and oil import or export license, the trader shall own or co-own at least four (4) petrol and oil retail stations until its distribution system has at least one hundred (100) petrol and oil retail stations. 6. Being conformable with the master plan on petrol and oil importers and exporters. 7. Exporters and importers of jet fuel are not required to have a distribution system prescribed in Clause 5 of this Article, but must have jet fuel filling equipment under their ownership or co-ownership.
Comments	Competence, dossiers and order of granting petrol and oil import or export licenses as stipulated in Article 8 Decree 83/2014/ND-CP
Validity From	01-11-2014
Validity To	31-12-9999
Reference
Technical Code
Agency	Ministry of Industry and Trade
Created Date	2016-05-10 10:30:32
Updated Date	2016-11-28 22:43:01
Status	Active
Measure Type	Technical Measures
Legal/Regulation	Decree 83/2014/ND-CP on petrol and oil trading
Un Code	B15 - Registration requirement for importers for TBT reasons

Name

Import of Petroleum oils required to have import/ export license

Description

Conditions for petrol and oil importers and exporters A trader that fully meets the conditions below may be granted a petrol and oil import or export license by the Ministry of Industry and Trade: 1. Being established lawfully, having registered for petrol and oil trading as specified in its enterprice registration certificate. 2. Having a special-use wharf in Vietnam’s international port system, which is capable of receiving oil tankers or other petrol and oil transport vehicles with a tonnage of at least seven thousand (7,000) tons under its ownership or co-ownership or on a lease for at least five (5) years. 3. Having a depot with a minimum capacity of fifteen thousand (15,000) cubic meters to receive petrol and oil from oil tankers and special-use transport vehicles, which are under its ownership or co-ownership or on a lease for at least five (5) years. Three (3) years after being granted a petrol and oil import or export license, the trader shall own or co-own (with a capital contribution of at least fifty-one percent (51%) the depot system, which is capable of meeting at least one-third (1/3) of the trader’s reserve demand as prescribed in Clause 1, Article 31 of this Decree. 4. Having vehicles for domestic petrol and oil transport under its ownership or co-ownership or on a lease for at least five (5) years from a petrol and oil service provider. Two (2) years after being granted a petrol and oil import or export license, the trader shall own or co-own (with a capital contribution of at least fifty-one percent (51%) vehicles for domestic petrol and oil transport with a total load capacity of at least three thousand cubic meters (3,000 m3). 5. Having a petrol and oil distribution system: At least ten (10) petrol and oil retail stations under its ownership or co-ownership and at least forty (40) petrol and oil general agents or retail agents in its distribution system. Every year after being granted a petrol and oil import or export license, the trader shall own or co-own at least four (4) petrol and oil retail stations until its distribution system has at least one hundred (100) petrol and oil retail stations. 6. Being conformable with the master plan on petrol and oil importers and exporters. 7. Exporters and importers of jet fuel are not required to have a distribution system prescribed in Clause 5 of this Article, but must have jet fuel filling equipment under their ownership or co-ownership.

Comments

Competence, dossiers and order of granting petrol and oil import or export licenses as stipulated in Article 8 Decree 83/2014/ND-CP

Validity From

01-11-2014

Validity To

31-12-9999

Reference

Technical Code

Agency

Ministry of Industry and Trade

Created Date

2016-05-10 10:30:32