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Tag: Fuel reserves

2 articles

Vietnam’s Dương Đông Group Faces Findings of Fuel Accounting Irregularities and Tax Issues

Vietnam’s Government Inspectorate released findings on October 28 concerning Dương Đông Group’s fuel business. Its accounts showed a negative inventory of about 123 million liters as of March 31, 2026. The findings also cited suspected illegal fuel transactions, environmental protection tax declarations involving about VND 720 billion, and inventory and reserve violations.

Policy & Regulation

Vietnam energy security report: Power and fuel supplies remain stable

Vietnam’s Ministry of Industry and Trade released the Vietnam Energy Security Report 2026 on November 10. A deputy minister said Vietnam was among 13 of the 177 countries surveyed that maintained stable energy supplies. The report also identified dependence on energy imports, insufficient fuel reserves and rising electricity demand in the north as major challenges.

Industry