On August 21, information from the Market Management Department of Lang Son province said that Market Management Team No. 4 issued a decision to administratively sanction Nhu Tuan Petroleum Company Limited for trading in petroleum when the license had expired.
Previously, on August 19, Market Management Team No. 4 conducted an inspection of compliance with the law in business activities at Yen Binh gas station (Dong But village, Yen Binh commune).
At the time of inspection, the authorities discovered that this enterprise was still maintaining retail activities in petroleum while the Certificate of Eligible store for retail petroleum had expired from June 10, 2025 to August 11, 2025.
Immediately after discovering the violation, Market Management Team No. 4 made a record and issued a decision to fine Nhu Tuan Petroleum Company Limited 50 million VND.
At the same time, the authorities also collected more than 31.9 million VND in illegal profits during the business period when the license expired.
A representative of Market Management Team No. 4 said that in the coming time, the unit will continue to strengthen the supervision and inspection of gasoline stores in the area under its management. The goal is to promptly detect and strictly handle violations, contributing to ensuring the transparent operation of the petroleum market and compliance with legal regulations.
