Vietnam’s Ministry of Industry and Trade Plans Year-End Fuel Supply Measures

Vietnam’s Ministry of Industry and Trade held a meeting on November 9 to discuss fuel supply and market stability in the final months of 2026, as well as its work plan for 2027. Deputy Minister Nguyễn Việt Sơn discussed the arrangements with the Department of Domestic Market Management and Development.

The ministry said it would work with relevant agencies to study and implement appropriate policies and measures to support fuel market stability while balancing the interests of the state, businesses and consumers. It will also coordinate fuel price management with the Ministry of Finance, monitor domestic and international market developments and supply and demand, and take timely measures in accordance with regulations.

To secure supply, the ministry will direct its specialist units to work with businesses on measures to maintain a stable fuel supply. It will also strengthen management and inspections of fuel businesses’ compliance with regulations and coordinate responses to emerging issues to avoid disruptions to business operations and household consumption.

For 2027, the ministry plans to continue monitoring the market, improve its capacity to collect and analyze information and make forecasts, and propose measures to secure supply as needed. At the latest price adjustment on November 5, E5RON92 gasoline was priced at 20,898 Vietnamese dong per liter and E10RON95-III gasoline at 21,156 dong per liter; 0.05S diesel was capped at 28,696 dong per liter and 180CST 3.5S fuel oil at 22,005 dong per kilogram.

Source: VietVance