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Vietnam requests assistance from Japan and South Korea to obtain crude oil

Vietnam requests assistance from Japan and South Korea to obtain crude oil

金十金十2026/03/16 04:16
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Golden Ten Data, March 16 — Vietnam's Ministry of Trade announced on Monday that, in light of the global oil supply disruptions caused by the Iran war, Vietnam has requested Japan and South Korea to help expand its oil supply channels. In a statement, the Ministry of Trade said the minister made these requests during the energy security summit held in Tokyo over the weekend. Vietnam has two refineries, which are able to meet about 70% of the country's fuel demand. Most of the crude oil they process comes from the Middle East. According to government customs data, Vietnam imported 14.2 million tons of crude oil last year, an increase of 5.3% year-on-year.
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