At 7.45 p.m., several gas stations at the My Thanh junction closed earlier than usual.
54 gas stations in Ho Chi Minh City said they were out of fuel since suppliers had not delivered and not even indicated when they would do so.
Most retailers in the city say they are losing VND100-300 million ($4,166-12,500) in the case of small gas stations and VND500 million at big ones due to low commissions, and might have to close for good if things do not improve this week.
The head of a fuel supply company in HCMC, who asked not be identified, said importing is difficult, explaining: “With retail prices declining, the more we import the more we lose.”
Recently 36 retailers in HCMC complained about the “problematic” management by the Ministry of Industry and Trade and Ministry of Finance of fuel retail prices, saying they are so low they lose money on every liter.