The Ministry of Industry and Trade of Vietnam has proposed a mechanism allowing the use of the Fuel Price Stabilisation Fund to stabilise domestic fuel retail prices if they rise sharply and threaten economic stability.

VOV.VN - Aviation fuel suppliers in Vietnam have confirmed that fuel supplies for airlines can be secured through the end of March 2026, despite rising prices linked to tensions in the Middle East.

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.

VOV.VN - The Ministry of Finance has proposed reducing the Most Favoured Nation (MFN) import tariff on several petroleum products and input materials to 0% in response to potential global supply disruptions.

VOV.VN - Prime Minister Pham Minh Chinh has instructed relevant agencies, particularly the Ministry of Industry and Trade, to ensure stable supplies of fuel and electricity, warning that shortages could threaten economic stability as global energy markets are volatile.

VOV.VN - The Ministry of Industry and Trade and the Ministry of Finance on March 7 announced a sharp adjustment to domestic retail fuel prices, with RON 95, the most commonly used petrol exceeding VND27.000 per litre.

VOV.VN - The Ministry of Industry and Trade (MoIT) has affirmed that domestic fuel supply remains stable thanks to steady production from the country’s two major refineries and continued imports amid rising tensions in the Middle East.

VOV.VN - Retail fuel prices in Vietnam rose sharply on March 5 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance, reflecting strong gains in global energy prices impacted by the Middle East tensions.

VOV.VN - Amid escalating tensions in the Middle East that threaten global oil flows and push energy prices higher, Vietnam has proactively developed contingency scenarios to safeguard domestic fuel supply and maintain market stability.