Vietnam's energy imports have increased sharply in the first three months of 2026, reflecting a rapid recovery in domestic consumption demand along with pressure to secure supply in the face of geopolitical instability and global energy price fluctuations.
Vietnam will stop regulating kerosene prices from April 29, allowing businesses to set retail prices based on market conditions under a new decree issued by the Ministry of Industry and Trade on April 28.
VOV.VN - The Vietnamese government has decided to temporarily reduce Most Favoured Nation (MFN) import tariffs on several petroleum products and refining inputs to 0% in an effort to ensure domestic fuel supply and stabilise the market.
Vietnam saw a strong increase in fuel imports in the first two months of this year amid global energy uncertainty triggered by spiralling Middle East tensions.
Global gasoline prices will not fluctuate much in 2025, according to Doan Quyet Tien, an expert from the Vietnam Petroleum Institute (VPI).
Vietnam's exports to Singapore surged by 35.23% in September, maintaining a high year-on-year growth rate in the first nine months of 2024, at 31.55%.
Senegal is considered as a potential market for Vietnamese agricultural products, according to the Ministry of Industry and Trade.
VOV.VN - Vietnam shipped more than 1.1 million tonnes of oil and petroleum abroad for US$961.6 million during the first half of the year, up 1.03% in volume and 2.6% in value compared to the same period from last year.
VOV.VN - Domestic enterprises imported a total of 9.4 million tonnes of petrol, oil, and other petroleum products worth US$7.8 billion over the past 11 months of the year.
VOV.VN - Vietnam imported 6.13 million tonnes of petrol, oil and other petroleum products during the first seven months of this year worth US$4.88 billion, up 12.7% in volume and 14.7% in value compared to the same period last year.