Contents
ToggleThis is a brief rundown of what is being reported today in Vietnam’s state-approved media and some others.
It compiles coverage from official outlets like Dan Tri, Tuoi Tre, and VN Express, highlighting the narratives currently shaping the country’s economic, financial, and business news landscape.
State-controlled petrol firm revenue / profit expectations
The Investor is reporting that Petrolimex expects record revenue but declining profit, as the energy transition begins to affect financial performance.
The article notes a divergence between rising fuel volumes in the near term and weakening profitability under volatile prices and structural demand shifts, specifically electrification. View source→
Ed.’s notes: Note that the article doesn’t mention the Middle East conflict at all?
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Oatside re: fake job posting marketing ploy
Marketing-Interactive is reporting that Oatside Vietnam has apologised after a fake LinkedIn job listing was exposed as a marketing stunt.
The campaign invited applications for a “Chief Milk Officer” role and drew over 100 applicants before being revealed as fictional.
The company said it deleted all applicant data and acknowledged the use of a professional recruitment platform caused confusion and disappointment among job seekers. View source→
Ed.’s notes: Probably wouldn’t have played well in any market.
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Formosa fish-kill compensation
Mongabay is reporting that ten years after the 2016 Formosa marine disaster, victims are still saying justice remains incomplete despite a US$500 million compensation agreement.
The spill, caused by toxic discharge from the Formosa steel plant in Ha Tinh, killed at least 100 metric tons of fish and affected hundreds of thousands.
Victims report inadequate compensation, stalled lawsuits, and a lack of transparency over fund distribution, with some alleging unequal allocation by local authorities, the article says. View source→
Ed.’s notes: Maybe for steel industry analysis?
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UOB Q2 2026 outlook
UOB Group has said it expects the State Bank of Vietnam to keep its refinancing rate at 4.50 percent in 2026 amid easing inflation and resilient growth, despite rising oil prices.
UOB expects Brent crude to reach US$90 per barrel in the second quarter of 2026 before easing to US$80 by year end and forecasts the Vietnamese dong at 26,400 per US dollar in the second quarter of 2026. View source→
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Fitch Ratings on banking sector liquidity
In a statement April 1st, Fitch Ratings said it expects Vietnam’s banking system to face tight liquidity in the near term, pressuring lending margins and profitability.
Deposit growth has lagged loan growth, forcing banks to rely more on interbank borrowing and bond issuance to meet funding needs, the statement notes.
Exchange rate weakness, cross-border yield gaps, and a rising share of lower-yielding corporate loans are also expected to further compress net interest margins. View source→
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Gia Lai bars wind power project sales without consent
Nguoi Lao Dong is reporting that Gia Lai authorities have tightened wind power project transfer rules to prevent project flipping and ensure capable investors, requiring their approval before any sale. View source→
Ed.’s notes: How government interacts with private sector.
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Petrol import tax cut extension proposed
Dan Tri is reporting that the government is considering extending a 0 percent import tax on petroleum products and inputs to June 30, instead of ending in April, under a draft resolution.
The Ministry of Finance estimates the extension would reduce state revenue by about VND2.021 trillion (US$76.7 million), including VND997 billion (US$37.8 million) from raw material tax cuts. View source→
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Historic gold loan balloons
VnExpress is reporting that Saigon Aquatic Products Trading Company has failed to repay a 2009 gold loan of about 5,800 taels.
Originally worth around VND100 billion (US$3.8 million), it was valued at about VND891 billion (US$33.8 million) by end-2025, excluding interest.
Outstanding interest on the gold loan reached about VND1.558 trillion (US$59.1 million). View source→
Ed.’s notes: Gold loans ended in 2011 / 2012, but the idea of reintroducing them to free up some of the gold held by Vietnamese households has been floated again in recent years.
Might be useful for future analysis of bankruptcy law / norms.
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March fuel imports surge
Vietnamnet is reporting that Vietnam’s refined fuel imports surged in March to 1.19 million tonnes worth US$1.42 billion, up 47.16 percent in volume and 157.7 percent in value year on year.
In the first quarter, total crude oil and fuel imports reached 6.49 million tonnes valued at US$4.59 billion, with refined fuel imports rising 44.6 percent. View source→
Ed.’s notes: Angle = good thing because it supports sufficient supply (as opposed to focusing on prices).
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Philippines trade investigation rice imports
Dau Tu Kien Thuc is reporting that the Philippines has launched a safeguard investigation into imported rice, raising the possibility of tariffs or import restrictions.
The probe covers most rice types under HS code 1006, examining import trends from 2020 to August 2025 and their impact on domestic farmers. View source→
Ed.’s notes: Rice exports to the Philippines about 38 percent VN rice exports / impacts likely agriculural, rural communities.
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Stock market yesterday
The VN-Index closed at 1,674.99, down 9.05 points or 0.54 percent, with a total trading value of VND 17,891.71 billion or US$679.00 million, and foreign traders net-selling US$4.52 million worth of equities, Monday, according to the latest data from the Ho Chi Minh City Stock Exchange. Read the full article →
Exchange rates yesterday
On April 6, in Vietnam, the black market US dollar buy rate was VND 27,300 and the sell rate was VND 27,350, a change of 180, and 170, respectively, for a mid-market rate of VND 27,325 (down 0.64 percent), according to prices quoted by Ty Gia USD. Read the full article →
Gasoline and oil production March
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. Read the full article →
LPG production 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 the full article →
Natural gas production March
Vietnam produced 538.76 million m 3 of natural gas in March, up 31.38 percent from 410.08 million m 3 in February 2026, according to the latest data from the National Statistics Office. Read the full article →
Crude oil production March
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. Read the full article →
Yesterday’s Vietnam news roundup
In today’s Vietnam news: TikTok investment HCMC, Halal market ambitions, Trade minister in US, Malt producer losses mount, Average monthly income, Government holds firm on 10% growth target, Possible visit from Japan PM, Fuel supply till end-April, Renewable energy firms’ losses, Embattled steel maker looking to expand into other sectors, Average wage in Vietnam Q1 2026, March inflation, Q1 trade data, Q1 FDI data, Q1 retail sales data, Q1 Industrial Production Index, Q1 GDP growth, and more. Read the full article →