Competitive petroleum market? It’s still far away - News Summed Up

Trending Today


Competitive petroleum market? It’s still far away


Competitive petroleum market? It’s still far awayVietNamNet Bridge - 100 percent foreign-owned filling stations and the sale of a stake in petroleum companies by the state have not been enough to create a competitive petroleum market. 100 percent foreign-owned filling stations and the sale of a stake in petroleum companies by the state have not been enough to create a competitive petroleum market. Nevertheless, the appearance of non-state and foreign shareholders in domestic petroleum companies doesn’t mean Vietnam now has a competitive petroleum distribution market. Long agrees with the policy on not opening the domestic petroleum market, but warns that Vietnam won’t have a competitive market as long as one enterprise (Petrolimex) holds 50 percent of the market share.


Source: VietNamNet News November 14, 2017 05:48 UTC


Loading...
Loading...