Vietnam firm fined over $37,700 for selling substandard fuel
Sunday, May 07, 2023, 08:52 GMT+7
A fuel trading business in Binh Duong Province, southern Vietnam has been slapped with an over US$37,700 fine for selling substandard gasoline products, according to the national market surveillance authority.
The provincial market surveillance force in coordination with local police and relevant agencies had earlier taken gasoline samples from fuel trading companies in the area for quality testing, following the direction of the Vietnam Directorate of Market Surveillance under the Ministry of Industry and Trade.
The testing results showed that the quality of the gasoline products offered by Morning Star Saigon JSC was substandard.
Relevant forces then raided the company, located near Song Than Railway Station in An Binh Ward, Di An City, Binh Duong Province.
By the time of the raid, the company had sold more than 15,000 liters of substandard gasoline, valued at over VND353 million ($15,000).
The offense resulted in an administrative fine of close to VND885 million ($37,749) being imposed on the Morning Star Saigon Company by the provincial administration.
In the upcoming period, the provincial market surveillance authority will step up regular inspections at local fuel trading businesses and strictly handle violators, said a local market surveillance official.
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