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The company was granted the license in January 2010, and the withdrawal came from the proposal of the company and Vietnam Oil and Gas Group (PetroVietnam) for re-adjusting quotas to affiliates.
Earlier, the ministry also withdrew the license of Vietnam National Shipping Lines (Vinalines) due to the fact the corporation had not made any imports in a number of months in late 2011 to 2012.
Currently there are now only 10 petrol importers in the country.
