Vietnam imported petroleum products worth US$521.46 million in September 2025, down 6.48 percent from August, according to Vietnam’s General Department of Customs.
Year-to-date imports totalled US$5.21 billion.
South Korea remained the largest supplier with US$153.92 million, decreasing 11.04 percent from the previous month.
Singapore followed with US$131.04 million, a slight fall of 1.06 percent.
Malaysia supplied US$87.82 million, down 10.78 percent, and China recorded US$75.63 million, a 17.95 percent decrease.
Thailand’s exports to Vietnam rose 114.25 percent to US$50.15 million.
Imports categorised as “other markets” dropped 39.87 percent to US$22.90 million.
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Vietnam petrol production
Vietnam’s gasoline and oil production was estimated at 1.60 million tons in August 2025, slightly higher than 1.58 million tons in July.
Output in August rose 1.6 percent year-on-year.
Over the first eight months of 2025, cumulative production reached 12.04 million tons, an increase of 6.6 percent compared with the same period in 2024.
Listed petroleum companies
Vietnam National Petroleum Group
Vietnam National Petroleum Group (PLX) is listed on the Ho Chi Minh City Stock Exchange and operates the country’s largest fuel distribution network under the Petrolimex brand.
PLX closed at VND 34,300 on Friday up 0.05 percent with 11,086,000 shares traded, worth VND 38,259 million.
Foreign ownership in PLX is currently capped at 20 percent, with current foreign ownership sitting at 15.3 percent.
PetroVietnam Drilling & Well Services Corporation
PetroVietnam Drilling & Well Services Corporation (PVD) is listed on the Ho Chi Minh City Stock Exchange and specialises in drilling and well operation services across domestic and regional markets.
PVD closed at VND 20,150 on Friday up 0.05 percent with 42,765,000 shares traded, worth VND 87,020 million.
Foreign ownership in PVD is currently capped at 49 percent, with current foreign ownership sitting at 3.5 percent.
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Vietnam’s petroleum industry
Vietnam’s petroleum industry covers exploration, extraction, refining, and distribution.
PetroVietnam oversees most upstream and midstream operations, managing offshore oil fields in the Cuu Long and Nam Con Son basins.
The country’s refining sector includes major facilities such as Dung Quat and Nghi Son.
Downstream activities are dominated by Petrolimex, PVOil, and BSR, which distribute fuels nationwide.
The industry faces declining reserves, limited domestic refining capacity, and reliance on imported crude and refined products.