Legal Document

Title: Circular 38/2014/TT-BCT dated October 24, 2014, detailing a number of articles of Decree No. 83/2014/ND-CP on petrol and oil trading

Type: Circular

Issuing Agency: Ministry of Industry and Trade

Responsible Agency: Ministry of Industry and Trade

Issuing Date: 24-10-2014

Scope of regulation and subjects of application

1. This Circular details a number of articles of the Government’s Decree No. 83/2014/ND-CP of September 3, 2014, on petrol and oil trading.

2. This Circular applies to Vietnamese traders engaged in petrol and oil trading on the Vietnamese market.

This Circular takes effect on November 1, 2014.

List Measures/Standards

Name	Description	Status	Measures/Standards	Measure Class
Registration of petrol and oil export	A petrol and oil import and export trader may only export petrol and oil after obtaining approval from the Ministry of Industry and Trade	Active	Measure	Goods
Registration of minimum petrol and oil import quotas	Within thirty (30) working days after receiving the trader’s dossier, the Ministry of Industry and Trade shall, based on the total demand for petrol and oil for domestic sale and the total quantity of petrol and oil for domestic production and processing, assign a minimum petrol and oil import quota to each enterprise, depending on types of petrol and oil	Active	Measure	Goods
Registration of plans on production of petrol and oil, import of raw materials for petrol and oil production and sale of petrol and oil products	Petrol and oil producers shall register their plans on production of petrol and oil, import of raw materials for petrol and oil production and sale of petrol and oil products with the Ministry of Industry and Trade.	Active	Measure	Goods