Vietnam Orders Fuel Supply Inspections Amid Localized Shortages

Vietnam has ordered special inspections of its domestic fuel supply chain to address localized shortages of gasoline and diesel. The Ministry of Finance (MoF) stated that these inspections aim to stabilize the domestic petroleum market, strengthen energy security, and support macroeconomic stability amidst continued volatility in global energy markets. Recent domestic market data shows that E5RON92 gasoline rose by 635 VND to a maximum of 19,826 VND (approximately 0.76 USD) per liter, while E10RON95-III increased by 547 VND to 20,550 VND per liter. The Consumer Price Index (CPI) in June was up 3.21% from December 2025 and 4.69% higher than a year earlier. This move comes as Vietnam, under its one-party system, prioritizes economic growth, where stable energy supply is crucial. Energy security is also a vital component of maintaining national independence, particularly given Vietnam's complex relationship with China. The inspections will cover the entire supply chain, including fuel retailers and wholesalers, to identify any instances of unfair pricing or intentional supply withholding. Authorities are reinforcing market transparency and ensuring consumers can access fuel at fair prices. Despite Vietnam's remarkable economic growth in recent years, the economy remains vulnerable to global supply chain disruptions and geopolitical risks. This initiative reflects the government's proactive approach to addressing these challenges and supporting sustainable economic development. Copyright, VietnamPlus, Vietnam News Agency (VNA)