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Image: Over US$8 billion spent on fuel imports from Jan-Nov

Over US$8 billion spent on fuel imports from Jan-Nov

HCMC – Vietnam spent around US$8.12 billion importing 7.89 million tons of fuel between January and November, up 23.9% in volume and 119.6% in value versus the year-ago period, according to the General Department of Vietnam Customs. Among those, the country imported 4.27 million tons of diesel

Image: Fuel firms continue grappling with import woes

Fuel firms continue grappling with import woes

HCMC – A tight oil supply caused by Western sanctions against Russian exports and a surging demand for oil products of the EU have been blamed for Vietnam’s ongoing fuel shortages. The Vietnam Petroleum Association said it is increasingly difficult to import fuels, worsening gasoline shortages in