Sao Viet Petrol Transportation Company Limited

On the SDN listEntityUKRAINE-EO13662IRAN-EO13846RUSSIA-EO14024

Sao Viet Petrol Transportation Company Limited (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Programs: UKRAINE-EO13662, IRAN-EO13846, RUSSIA-EO14024. Addresses on file in: Vietnam. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Vietnam has 12 entities, vessels or aircraft with an address on the SDN list. Other sanctioned entities with an address in Hanoi are listed below.

Sanctions programs

Russia/Ukraine: Russian economic sectors (Executive Order 13662) UKRAINE-EO13662

March 2014 order, issued after the annexation of Crimea, that allows sanctions on those operating in sectors of the Russian economy such as finance, energy, defense and mining.

Iran: reimposed sanctions (Executive Order 13846) IRAN-EO13846

August 2018 order that reimposed sanctions on Iran after the U.S. left the nuclear deal, including those related to petroleum, shipping, automotive and precious metals.

Russia (Executive Order 14024) RUSSIA-EO14024

Program created in April 2021 to address harmful foreign activities of the Russian government. Since the 2022 invasion of Ukraine it has been the basis for most Russia sanctions: banks, defense, technology and energy companies and their suppliers, including outside Russia. Designations under this order can carry secondary sanctions risk for foreign financial institutions that facilitate significant transactions.

Addresses on file

3rd Floor, Viet Tower Building, 1, Thai Ha Street, Trung Liet Ward, Dong Da District, Hanoi, Vietnam

OFAC remarks

Secondary sanctions risk: See Section 11 of Executive Order 14024.; alt. Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY. Sec. 5(a)(iv); Organization Established Date 2020; Identification Number IMO 6169710; Business Registration Number 0109132188 (Vietnam).

Other sanctioned entities in Hanoi

Korea Daizin Trading Corp. · Entity · DPRK2, DPRK3
Vietnam-Russia Joint Venture Bank · Entity · RUSSIA-EO14024
Golden Lotus Oil Gas And Real Estate Joint Stock Company · Entity · IRAN-EO13846
Inand Industries Company Limited · Entity · RUSSIA-EO14024
Limited Liability Company Volga Dnepr Airlines · Entity · UKRAINE-EO13662, RUSSIA-EO14024
Quangvietdnbg International Services Company Limited · Entity · DPRK4

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Sao Viet Petrol Transportation Company Limited is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Sao Viet Petrol Transportation Company Limited?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.