Petrol firm ordered to return low-quality fuel

Oct 27th at 13:25
27-10-2012 13:25:33+07:00

Petrol firm ordered to return low-quality fuel

The Ministry of Science and Technology has ordered Thanh Le Import-Export Trading Company and PV Oil to re-export batches of substandard petrol.

More than 7,600 tonnes of petrol A92, imported from Singapore by the company was found to contain sec-butyl acetate – a disallowed additive in Viet Nam.

A batch of A95 petrol of PV Oil was also found to contain the same additive.

Under current technical regulations, petrol additives must be registered and approved by the ministry and proved safe to health, environment and engines.

vietnamnews



NEWS SAME CATEGORY

Ban on gold deposits to be upheld

The State Bank of Viet Nam has indefinitely extended the deadline for banks to cease accepting gold deposits in a bid to ensure the liquidity of the banking system...

Cbank mulls levying special consumption tax on gold

Gold is likely to be subject to the same special consumption tax as automobiles and alcohol in the near future, Deputy Governor of the State Bank of Vietnam Le Minh...

Quang Nam: Over 4.5 tons of gold mined

More than 4.5 tons of gold and 1.6 tons of silver have been exploited from two gold mines in the central province of Quang Nam - Bong Mieu in Phu Ninh district and...

Gold holders jostle to test SJC bullion quality

With the market reportedly flooded with fake SJC gold bullion recently, holders of the precious metal are now rushing to have their bullion authenticated, or...

SJC changes anti-fake wrapping for small gold bars

National gold bullion from the SJC brand name in small weights of one-tenth to five-tenths of a tael will now bear new anti-fake wrapping, producer Saigon Jewelry...

Vietnam stays outside South East Asian rice alliance

In early October 2012, the Philippines, Myanmar and Thailand signed a memorandum of understanding on the establishment a 3-member South East Asian rice alliance...

Cashew industry falls on hard times

Many companies in the cashew industry are facing losses and bankruptcy as they face stiff challenges caused by low prices and banking pressures, according to the...

Shell to expand investment in Viet Nam

Dutch energy and petrochemical company Shell will focus its Vietnamese investment in the oil sector, after transferring its liquefied petroleum gas business in Viet...

Cheap Russian coal provides top energy

Steelmaker Hoa Phat Group in an effort to diversify energy supplies and reignite the slowing steel industry made its first import of anthracite coal (hard coal)...

Viet Nam exports rice to Indonesia

The Southern Food Corporation (Vinafood 2) has signed a deal with the Indonesian Bureau of Logistics (Bulog) to export 300,000 tonnes of 15-per-cent broken rice to...

Commodity prices


MOST READ


Back To Top