First ever 100% foreign invested petrol station

by VTV407 October 2017 Last updated at 08:46 AM

VTV.vn - Idemitsu Q8 petrol station has become the first station with 100% foreign investment to participate in the fuel retail market in Vietnam, starting October 5th.

The station is located at the Thang Long Industrial Zone, Hanoi. IQ8 is equipped with a software management system that allows credit card payments. The system has a tolerance of petrol count to 0.01 litre. In the coming time, Idemitsu Q8 will be present in a number of southern provinces. Established over a year ago, Idemitsu Q8 Petroleum LLC is a joint venture of Idemitsu Kosan, the second largest petrol group in Japan, and Kuwait Petroleum International Ltd.

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