Vietnam LPG imports up 21.62 percent in March 2026 / China +155%, Malaysia +13.84

Vietnam imported LPG to the tune of US$213 million in March, up from US$175 million in February, a change of 21.62 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam has imported US$518 million worth of LPG, with supply spread across regional partners.

China accounted for US$34 million in March imports, up 155.00 percent from February, bringing year-to-date shipments to US$69 million.

Australia and Malaysia followed with US$29 million and US$25 million, respectively, with Malaysia rising 77.87 percent month on month, bringing year-to-date totals to US$29 million and US$53 million.

The UAE and South Korea rounded out the top five with US$6 million and US$4 million in March imports, with South Korea down 48.17 percent, bringing year-to-date shipments to US$6 million and US$16 million.

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Listed LPG companies

Key LPG firms listed on the Vietnam stock exchange include:

PetroVietnam Gas JSC (GAS)

PetroVietnam Gas JSC (GAS) produces, transports, and distributes natural gas and LPG nationwide. (GAS)

In March, GAS shares moved from 107.90 to 78.30, a change of -29.60 (-27.43%).

Foreign ownership moved from 11,264,599.38 to 11,282,888.14, a change of 18,288.76 (0.16%).

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Vietnam LPG news

Recent developments include:

LPG production in March

Vietnam produced 74.39 thousand tonnes of liquefied petroleum gas (LPG) in March, up 12.63 percent from 66.05 thousand tonnes in February 2026, according to the latest data from the National Statistics Office. Read more→

Gas cylinder prices jump

Retail gas prices in Ho Chi Minh City rose to a record VND 600,000–661,000 (US$22.8–25.1) per 12-kilogram cylinder from April 1, up VND 95,000 from late March.

PV GAS LPG Southern said prices increased by VND 7,917 per kilogram, with 45-kilogram cylinders rising to nearly VND 2.5 million (US$94.9). Read more→

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Vietnam’s LPG industry

Vietnam’s liquefied petroleum gas industry supplies households, commercial users, and industry, with demand driven by urbanisation and rising living standards.

The market relies heavily on imports alongside limited domestic output from refineries such as Dung Quat and Nghi Son.

Distribution is fragmented, with numerous private players competing on price, branding, and cylinder networks across urban and rural areas.

The sector faces challenges including price volatility linked to global markets, safety and regulatory enforcement, and competition from alternative energy sources.

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The data

Vietnam imports of LPG in March, 2026 US$m