My Financial News from Vietnam, Markets

from Bing and Google News
Vietnam , Thursday 16 April 2026

Vietnam's Crude Crisis: Navigating Declining Production and Growing Import Reliance

Published on: Tuesday 17 March 2026

Vietnam's Crude Crisis: Navigating Declining Production and Growing Import Reliance Vietnam is forecasting a decline in domestic crude oil production this decade, heightening reliance on imports amid geopolitical tensions and a maturing offshore field scenario. The government aims to boost output through exploration incentives, while struggling with rising domestic fuel prices and potential shortages.



Share this news on:  

RELATED NEWS