On August 26, 2020, the Government issued Decree 99/2020/ND-CP on penalties for administrative violations against regulations on petroleum, and petrol, oil and gas trading in Vietnam
Regulations surcharge finalization for petroleum projects in Vietnam are specified in Circular 22/2010/TT-BTC guiding Decree 100/2009/ND-CP providing for the collection of a surcharge on the volume of oil divided as profit to petroleum contractors when the price of crude oil increases.
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