Facing rising global oil prices and potential supply disruptions, Vietnam’s Ministry of Industry and Trade has called on citizens and businesses to save fuel and consider alternative transport options.

Revenue across VN's publishing industry reached approximately VND4.165 trillion (US$170 million) in 2025, while state budget contributions totaled VND532.9 billion (US$21.7 million), marking a 56.9 percent increase compared with the previous year.

Many petrol stations across Vietnam have started limiting the amount of fuel each customer can purchase as prices surge and demand spikes sharply.

Vietnam’s stock market suffered an unprecedented plunge, losing more than 6.5% in a single session as nearly all major stocks fell sharply. Escalating conflict in the Middle East and a surge in global oil prices heavily affected investor sentiment.

The government has issued a new decree reducing import tariffs on several fuel products and petroleum inputs to zero percent to help stabilize domestic supply.

The Pi cryptocurrency has recorded a modest price increase over the past week, though its value remains far below its early listing peak and investor enthusiasm appears to be fading.

Vietnam’s industrial production maintained strong growth in the first two months of 2026 despite fewer working days due to the Lunar New Year (Tet) holiday, with the processing and manufacturing sector continuing to serve as the key growth driver.

A VRT representative said the adjustment had been carefully considered to partly share the burden of rising fuel costs while still ensuring service quality as well as safe and stable operations.

Prompt policy measures by the Government and relevant ministries have helped stabilise Vietnam’s fuel market and curb hoarding, despite sharp global oil price fluctuations driven by tensions in the Middle East.

Vietnam Airlines will officially launch a direct air route connecting Ho Chi Minh City and Phuket, Thailand, starting April 2, further expanding its Southeast Asian network and offering passengers more travel options.

Amid escalating geopolitical tensions worldwide, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has emphasized that Vietnam should shift to biofuel gasoline as soon as possible.

Vietnam’s railway sector raises passenger fares by 10% and freight rates by 15%, while interprovincial bus operators also increase ticket prices as diesel costs exceed VND30,000 per liter.

The Hanoi People’s Committee has issued a directive requiring relevant agencies to implement measures to stabilize the fuel market and ensure adequate supply for consumer demand and economic activities.

A surge in global oil prices is already rippling through Vietnam’s economy, raising concerns about inflation, logistics costs and economic growth.

Vietnam’s stock market fell sharply at the start of the trading session on March 9 as global oil prices jumped nearly 30% to US$118 per barrel, after already rising 36% during the previous week.

Thirty domestic commercial banks in Vietnam (excluding SCB and four banks under compulsory transfer) contributed nearly VND73.5 trillion to the state budget through corporate income tax (CIT) in 2025, equivalent to roughly $3 billion.

A draft circular proposes increasing the threshold to 400 million VND for loans issued by credit institutions and 200 million VND for those provided by people’s credit funds.

According to Brand Finance’s Banking 500 2026, Vietnam is represented by 13 banking brands in the global rankings, seven of which demonstrate notable double digit-growth over the past year, reflecting a progressive financial ecosystem.

Vietnam’s investment abroad in the first two months of 2026 increased 2.3 times year on year, according to data from the Foreign Investment Agency under the Ministry of Industry and Trade.

Vietnam exported an estimated 640,000 tonnes of rice worth 289.4 million USD in February, according to the Ministry of Agriculture and Environment.