crude oil
The Crude Oil category covers industry trends, production data, and trade dynamics in the oil extraction and refining sector. It explores supply chain issues, price fluctuations, geopolitical factors, and government policies, providing insights into export markets, refining capacity, and energy sector developments. This section is essential for stakeholders monitoring the evolving crude oil industry.
Vietnam Fuel Prices Tracker: June 25, Update
This article tracks developments in Vietnam’s energy sector in the context of the emerging conflict in Iran and its impact on energy resources moving through the Strait of Hormuz.
Crude oil production in Vietnam up 3.50 percent in May 2026
Vietnam produced 786.69 thousand tonnes of crude oil in May, up 3.50 percent from 760.06 thousand tonnes in April 2026, according to the latest data from the National Statistics Office.
Vietnam Oil & Gas: Bidding Opens for Block 17 Exploration
There is a lot of activity in Vietnam’s oil and gas sector on the back of the closure of the Strait of Hormuz. Despite this newfound motivation, however, it is only one piece of a much more complicated puzzle.
Vietnam crude oil imports value up 30.24 percent in April 2026 / Nigeria -43.27%, Kuwait -100.00%
Vietnam imported crude oil to the tune of US$716 million in April, up from US$550 million in March, a change of 30.24 percent, according to preliminary data from Vietnam’s General Department of Customs.
Vietnam crude oil imports up 14.33 percent in March 2026 / Kuwait +12.03%
Vietnam imported crude oil to the tune of US$550 million in March, up from US$481 million in February, a change of 14.33 percent, according to preliminary data from Vietnam’s General Department of Customs.
Crude oil production in Vietnam up 13.25 percent in March / year-on-year +10.91%, YTD +11.53%
Vietnam produced 756.81 thousand tonnes of crude oil in March, up 13.25 percent from 668.29 thousand tonnes in February 2026, according to the latest data from the National Statistics Office.
Vietnam crude oil exports up 288.42% MoM in February 2026 / Australia +260.70%, Thailand +15.57%
Vietnam exported crude oil to the tune of US$161 million in February, up from US$41 million in January, a change of 288.42 percent, according to preliminary data from Vietnam’s General Department of Customs.
Crude oil production in Vietnam up 11.43 percent in February
Vietnam produced 741.63 thousand tons of crude oil in February, 11.43 percent from 665.56 thousand tons in January, according to the latest data from the National Statistics Office.
Vietnam’s Crude Oil Industry 2026: Production, Trade & Key Players
Vietnam’s crude oil industry remains a key part of the country’s energy sector and economic landscape, contributing to both domestic energy security and export revenues. In recent years, production levels have faced challenges, prompting efforts to revitalise the sector through new exploration and production projects.
Iran Oil Price Shock: Implications for Vietnam
The bombing over the weekend in Iran is likely to disrupt world oil supplies. In Vietnam, where fuel supplies are regulated, this could have wide-reaching implications.
Vietnam crude oil industry January 2026: imports -17.99% / exports -68.36% / production +3.15%
Vietnam imported US$598 million worth of crude oil in January, down 17.99 percent from US$729 million in December, according to preliminary data from Vietnam’s General Department of Customs.
Crude oil production in Vietnam up 3.15 percent in January 2026
Vietnam produced 726.92 thousand tons of crude oil in January, up 3.15 percent from 704.69 thousand tons in December, according to the latest data from the National Statistics Office.
Gasoline and oil production in Vietnam down 2.45% in January 2026
Vietnam produced 1,522.50 thousand tons of gasoline and oil in January, down 2.45 percent from 1,560.81 thousand tons in December, according to the latest data from the National Statistics Office.
Crude oil exports from Vietnam up 4.84 percent in December, Australia / Thailand top buyers
Vietnam exported crude oil to the tune of US$131 million in December, up from US$125 million in November, a change of 4.84 percent, according to preliminary data from Vietnam’s General Department of Customs.
Crude oil imports Vietnam up 86.46 percent in December, Kuwait / Brunei Darussalam top suppliers
Vietnam imported crude oil to the tune of US$729 million in December, up from US$391 million in November, a change of 86.46 percent, according to preliminary data from Vietnam’s General Department of Customs.
Crude oil production in Vietnam up 1.77 percent in December
Vietnam produced 716.30 thousand tons of crude oil in December, up 1.77 percent from 703.81 thousand tons in November, according to the latest data from the National Statistics Office.
Crude oil imports Vietnam down 42.41 percent in November, Kuwait top supplier
Vietnam imported crude oil to the tune of US$391 million in November, down from US$679 million in October, a change of -42.41 percent, according to preliminary data from Vietnam’s General Department of Customs.
Crude oil production in Vietnam down 0.34 percent in November
Vietnam produced 718 thousand tons of crude oil in November, down 0.34 percent from 720.45 thousand tons in October, according to the latest data from the National Statistics Office.
Crude oil production in Vietnam down 0.34 percent in October over September
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.
Crude oil imports into Vietnam, down 12.57 percent in October, Kuwait top supplier
Vietnam imported crude oil to the tune of US$679 million in October down -12.57 percent over September, according to preliminary data from Vietnam’s General Department of Customs. Year to date, Vietnam had imported US$6,652 million worth of crude oil by the end of October.
Petrol stations run dry in parts of Vietnam as falling fuel prices squeeze retailers’ margins, despite petrol dropping below US$0.76 per litre. Meanwhile, the
Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
Vietnam’s central bank moves to rebuild foreign exchange reserves despite mounting inflation pressures, raising questions about the government’s economic strategy. Meanwhile, reports of Vingroup-linked
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It