Vietnam produced 685 thousand tons of crude oil in October, down 0.34 percent from September, according to the latest data from the National Statistics Office.
Total crude oil output for the first ten months of 2025 reached 6.72 million tons, representing 99 percent of the level recorded in the same period last year.
Year on year, October production was 101 percent of the same month in 2024.
Listed oil companies
Binh Son Refining and Petrochemical JSC
Binh Son Refining and Petrochemical JSC (BSR) operates the Dung Quat Refinery and engages in refining crude oil and producing petroleum products.
BSR closed at VND 16,000 on Friday down 0.05 percent with 30,812,000 shares traded, worth VND 49,472 million.
Foreign ownership in BSR is currently capped at 79.1 percent, with current foreign ownership sitting at 0.8 percent.
PetroVietnam Drilling and Well Services Corporation
PetroVietnam Drilling and Well Services Corporation (PVD) provides oil drilling, engineering, and technical services for the petroleum industry.
PVD closed at VND 26,700 on Friday up 0.55 percent with 149,545,000 shares traded, worth VND 401,371 million.
Foreign ownership in PVD is currently capped at 49.0 percent, with current foreign ownership sitting at 7.0 percent.
PetroVietnam Transportation JSC
PetroVietnam Transportation JSC (PVT) operates a fleet transporting crude oil, petroleum, and chemicals across Vietnam and internationally.
PVT closed at VND 18,500 on Friday down 0 percent with 29,545,000 shares traded, worth VND 54,675 million.
Foreign ownership in PVT is currently capped at 49.0 percent, with current foreign ownership sitting at 9.2 percent.
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Vietnam’s crude oil industry
Vietnam’s crude oil industry plays a vital role in the country’s energy and export sectors, contributing significantly to national revenue and energy security.
The industry is gradually shifting focus from extraction to refining and petrochemicals, with projects like the Nghi Son and Dung Quat refineries enhancing domestic value addition.
Despite maturing fields, investment in technology and new exploration remains key to sustaining long-term production and reducing import dependence.