Vietnam produced 1,513.49 thousand tonnes of gasoline and oil in May, up 6.66 percent from 1,419.04 thousand tonnes in April 2026, according to the latest data from the National Statistics Office.
Year-to-date output reached 6,147.11 thousand tonnes by the end of May.
Vietnam’s gasoline and oil industry
Vietnam’s gasoline and oil industry is centred on domestic refining and fuel distribution, with key supply from Dung Quat and Nghi Son refineries alongside imports.
Retail pricing is regulated by the government through a periodic price-setting mechanism linked to global oil markets and supported by the price stabilisation fund.
Demand is driven by transport, logistics, and industrial activity, with consumption rising alongside economic growth and urbanisation.
The sector faces challenges including import dependence, refinery disruptions, price volatility, and policy pressures tied to energy security and the transition to alternative fuels.
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The data
TABLE: Vietnam gasoline and oil production in 2026
| Unit | May 2026 | April 2026 | MoM | YTD | May 26 / 25 | 5M 26 / 25 | |
| gasoline and oil | tonnes / 000s | 1,513.49 | 1,419.04 | 6.66% | 6,147.11 | -2.47% | 2.43% |