According to the Ho Chi Minh City Market Management Department, as of March 24, there was no hoarding or price speculation in the city's gasoline business, but two gas stations had temporarily suspended operations and four gas stations were in the process of dissolving.

The gas station at 439 Phan Van Tri, Go Vap district is waiting for dissolution procedures. (Photo: Hoang Minh)
The gas station that is temporarily closed is Dong Sai Gon Gas Station (Nguyen Van Tang Street, Long Thanh My Commune, Thu Duc City) due to financial difficulties and therefore cannot import gasoline for sale.
Quoc Hung petrol station (Provincial Road 15, An Nhon Tay Commune, Cu Chi District) also sent a document to the Department of Industry and Trade requesting a temporary suspension from March 20 to liquidate the contract with the current supplier and sign with a new unit. The market management agency has worked with representatives of these two stores to confirm the business status.

The Ho Chi Minh City Market Management Department made surprise inspections and measurements at many gas stations and did not detect any hoarding. (Photo: Hoang Minh)
4 gas stations are in the process of dissolution, including: Store No. 439 Phan Van Tri (Ward 5, Go Vap District); Hoang Phong Petroleum Company Limited Branch - Hoang Phong Petroleum Retail Store (Huynh Tan Phat Street, Tan Thuan Dong Ward, District 7); Gas Station 178 - Sac Viet Media Company Limited (Le Quang Dinh Street, Ward 14, Binh Thanh District); Military Academy Gas Station under HDTV Trading and Service Company Limited (Provincial Road 15, Nhuan Duc Commune, Cu Chi District).
The Ho Chi Minh City Market Management Department assessed that the petrol business situation in the area is stable. Stores have been operating normally, meeting people's needs and there is no longer a situation of hoarding goods or selling at incorrect listed prices.
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