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Modernisation a necessity for boom in home petrol market Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 08/07/2021
11:36 GMT+7 To foster a competitive market mechanism while remaining in control of the petroleum market, Vietnam could impose a foreign ownership cap of 35 per cent in the sector. There are tricky regulatory hurdles to overcome if Vietnam wants strong overseas involvement in its petroleum industry. Photo: Le Toan Vietnam has long maintained the rule that foreign-invested enterprises are not allowed to export, import, and distribute petroleum. But as the country’s market economy is gradually taking shape, the country is now aiming to create new capital flows and help the petrol and oil sector to operate more smoothly and under the market mechanism. ....