Rising tensions in the Middle East are disrupting sea routes, forcing businesses to rethink logistics and absorb soaring costs.

Authorities are rolling out coordinated measures to safeguard supply, control prices and respond to global fluctuations.

E10 gasoline is expected to be rolled out throughout the country beginning in April, replacing mineral gasoline. Tens of millions of motorbikes and cars will shift to use the biofuel.

The Ministry of Industry and Trade has temporarily suspended the use of kerosene in the calculation of fuel base price until April 28, according to the ministry’s Decision 571, dated March 28.

Vietnam’s aviation industry is being forced into rapid adaptation as jet fuel prices surge far beyond initial projections, pushing airlines to rethink everything from fleet operations to ticket pricing.

“Another two price hikes and we may have to reprint everything,” a transport business owner in Hanoi texted, attaching a photo of a freshly printed fare sheet.

Nghi Son Refinery and Petrochemical LLC (NSRP) has secured sufficient crude oil to ensure operations at optimal capacity through the end of May, while Dung Quat Refinery is running at 120 percent capacity to boost domestic supply.

Major petroleum enterprises all say they have the infrastructure for blending and distributing E10 gasoline, a new type of gasoline expected to be widely sold nationwide starting from early April.

Amid rapid response measures, proactive solutions and flexible policymaking, Vietnam has managed to secure its fuel supply, effectively addressing disruptions and maintaining the continuity of economic activities.

Domestic fuel prices were adjusted upward by VND3,528–8,994 per liter/kg on the night of March 19, reaching the highest level on record in the country.

Rising fuel prices driven by tensions in the Middle East are pushing up production and transportation costs, prompting many businesses to accelerate energy-saving measures and shift towards electricity.

The Customs Department under the Ministry of Finance has issued a directive to regional customs offices to strengthen inspection and enforcement to combat illegal transport and cross-border smuggling of petrol and oil products.

Under the proposal, during the resolution’s validity period, the environmental protection tax on petrol (excluding ethanol) and aviation fuel would be reduced from 2,000 VND (0.076 USD) per litre to 1,000 VND per litre.

From carpooling to flexible construction, firms adapt to volatile oil markets.

Amid a deepening global fuel crisis, many countries are imposing price caps and rolling out large support packages to cushion the impact of soaring energy costs.

Vietnam’s aviation sector is facing mounting pressure as jet fuel supply risks tightening, forcing domestic airlines to adjust operations and prioritize key routes.

Amid a global fuel crisis driven by impacts of the still-unpredictable conflict in the Middle East, diversifying supply sources to meet domestic demand is an urgent priority alongside longer-term measures, experts have said.

Retail fuel prices were increased across the board from 23:00 on March 19 following a joint decision by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance.

The State Bank of Vietnam has warned that rising geopolitical tensions in the Middle East are putting pressure on the country’s exchange rate and domestic monetary market.