Vietnam produced 1,572.96 thousand tonnes of gasoline and oil in March, up 7.53 percent from 1,462.86 thousand tonnes in February 2026, according to the latest data from the National Statistics Office.
Year to date output reached 4,531.92 thousand tonnes by the end of March.
Listed gasoline and oil companies
Key gasoline and oil firms listed on the Vietnam stock exchange include:
Binh Son Refining and Petrochemical JSC (BSR)
Binh Son Refining and Petrochemical JSC (BSR) operates the Dung Quat Refinery and engages in refining crude oil and producing petroleum products. (BSR)
In March, BSR shares moved from 31.20 to 27.65, a change of -3.55 (-0.11 percent).
Foreign ownership moved from 23,420,089.09 to 23,546,224.79, a change of 126,135.70 (0.01 percent).
International Gas Product Shipping Joint Stock Company (GSP)
International Gas Product Shipping Joint Stock Company (GSP) is a Vietnam-based shipping firm specialising in the transportation of liquefied petroleum gas and other petroleum products. (GSP)
In March, GSP shares moved from 11.75 to 11.40, a change of -0.35 (-0.03 percent).
Foreign ownership was unchanged.
Petrolimex Gas Corporation (PGC)
Petrolimex Gas Corporation is a Vietnamese energy company specialising in the distribution and trading of liquefied petroleum gas for households, commercial users and industry. (PGC)
In March, PGC shares moved from 16.75 to 13.85, a change of -2.90 (-0.17 percent).
Foreign ownership moved from 283,820.24 to 283,667.24, a change of -153.00 (0.00 percent).
Petrolimex Insurance Corporation (PGI)
Petrolimex Insurance Corporation (PGI) provides non-life insurance products, including vehicle, property, and marine coverage. (PGI)
In March, PGI shares moved from 20.00 to 19.70, a change of -0.30 (-0.02 percent).
Foreign ownership moved from 882,567.59 to 882,555.59, a change of -12.00 (0.00 percent).
Petrolimex Group JSC (PLX)
Petrolimex Group JSC (PLX) is Vietnam’s largest petroleum distributor, operating fuel retail, storage, and logistics networks nationwide. (PLX)
In March, PLX shares moved from 57.80 to 40.40, a change of -17.40 (-0.30 percent).
Foreign ownership moved from 592,337.72 to 708,495.91, a change of 116,158.19 (0.20 percent).
PetroVietnam Drilling and Well Services Corporation (PVD)
PetroVietnam Drilling and Well Services Corporation (PVD) provides oil drilling, engineering, and technical services for the petroleum industry. (PVD)
In March, PVD shares moved from 38.60 to 34.80, a change of -3.80 (-0.10 percent).
Foreign ownership moved from 2,015,550.29 to 2,070,887.63, a change of 55,337.34 (0.03 percent).
PetroVietnam Transportation Corporation (PVP)
PetroVietnam Transportation Corporation (PVP) offers marine transportation and logistics for petroleum products. (PVP)
In March, PVP shares moved from 15.95 to 14.85, a change of -1.10 (-0.07 percent).
Foreign ownership moved from 503,902.87 to 504,085.17, a change of 182.30 (0.00 percent).
PetroVietnam Transportation JSC (PVT)
PetroVietnam Transportation JSC (PVT) operates a fleet transporting crude oil, petroleum, and chemicals across Vietnam and internationally. (PVT)
In March, PVT shares moved from 24.05 to 21.80, a change of -2.25 (-0.09 percent).
Foreign ownership moved from 1,792,474.01 to 1,701,922.19, a change of -90,551.82 (-0.05 percent).
SaiGon Fuel Joint Stock Company (SFC)
SaiGon Fuel Joint Stock Company (SFC) trades and distributes petroleum products and lubricants in southern Vietnam. (SFC)
In March, SFC shares moved from 18.55 to 19.00, a change of 0.45 (0.02 percent).
Foreign ownership was unchanged.
Vietnam Petroleum Transport JSC (VIP)
Vietnam Petroleum Transport JSC (VIP) transports petroleum products and provides maritime logistics and tanker services. (VIP)
In March, VIP shares moved from 12.60 to 11.85, a change of -0.75 (-0.06 percent).
Foreign ownership moved from 299,669.48 to 299,634.97, a change of -34.51 (0.00 percent).
Vietnam Tanker Corporation (VTO)
Vietnam Tanker Corporation (VTO) provides petroleum transportation and marine logistics services. (VTO)
In March, VTO shares moved from 12.25 to 11.70, a change of -0.55 (-0.04 percent).
Foreign ownership moved from 359,274.15 to 359,084.60, a change of -189.55 (0.00 percent).
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Vietnam gasoline and oil industry news
Recent industry developments include:
Adjustments to petrol price calculations
Vietnam’s Ministry of Industry and Trade issued remporarily removing kerosene from base price calculations for petroleum products from March 28 to April 28.
Authorities are also drafting a new circular to abolish the kerosene component altogether. Read more→
Petrol tax-break extension proposed
Vietnam’s Ministry of Finance has proposed extending tax exemptions on petrol, diesel, and jet fuel to 0 percent until June 30, 2026.
The proposal would continue policies applied under a March decision that cut environmental, value-added, and special consumption taxes to zero until April 15.
Authorities estimate the extension would reduce state budget revenue by about VND7,200 billion (US$273.16 million). Read more→
PM orders strategic petroleum reserve
Prime Minister Pham Minh Chinh ordered the immediate construction of a strategic petroleum reserve at Nghi Son to strengthen Vietnam’s energy security.
The directive follows concerns that the Middle East conflict is disrupting global energy supply and prices, with potential impacts on Vietnam’s fuel availability. Read more→
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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 | March 2026 | February 2026 | MoM | YTD | Mar 26 / 25 | Q1 26 / 25 | |
| gasoline and oil | tonnes / 000s | 1,572.96 | 1,462.86 | 7.53% | 4,531.92 | 7.00% | 5.89% |