First foreign-owned petro station opens
The first wholly foreign-owned petrol service station in Vietnam was opened on October 5 in Hanoi’s Thang Long Industrial Park.
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The station is owned by a 50:50 joint venture between Japan’s Idemitsu Kosan Company Limited and State-run Kuwait Petroleum International Limited.
It covers a 6.000 sq.m area in the Thang Long Industrial Park in Dong Anh district, which is home to facilities f numerous Japanese firms.
The station is equipped with an automated station management software system that allows payment by cards with many advanced features.
The software allows accurate management of fuel quantities, providing detailed reporting of transactions to customers.
