Gasoline Prices in Vietnam increased to 0.80 USD/Liter in June from 0.74 USD/Liter in May of 2025. This dataset provides the latest reported value for - Vietnam Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

As of June 2023, the average price of petrol in Vietnam was **** thousand Vietnamese dong, indicating an increase compared to the corresponding period of the previous year. In addition, the country's average petrol price for 2023 remained higher than that of 2022.

Vietnam VN: Pump Price for Gasoline: USD per Liter data was reported at 0.800 USD in 2016. This records a decrease from the previous number of 1.040 USD for 2014. Vietnam VN: Pump Price for Gasoline: USD per Liter data is updated yearly, averaging 0.670 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 1.150 USD in 2012 and a record low of 0.340 USD in 2002. Vietnam VN: Pump Price for Gasoline: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Vietnam: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.8 dollars, a decline from 1.04 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Vietnam from 1995 to 2016 is 0.66 dollars. The minimum value, 0.34 dollars, was reached in 1995 while the maximum of 1.15 dollars was recorded in 2012.

In 2024, the petrol price index in Vietnam was 478 index points, indicating an increase from the previous year. Throughout the entire period, the petrol price index in the country displayed fluctuations, with its peak reaching 582 index points in 2020.

Vietnam VN: Pump Price for Diesel Fuel: USD per Liter data was reported at 0.590 USD in 2016. This records a decrease from the previous number of 0.910 USD for 2014. Vietnam VN: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 0.530 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 1.060 USD in 2012 and a record low of 0.250 USD in 1995. Vietnam VN: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

After three years of growth, the Vietnamese liquefied petroleum gas (LPG) market decreased by -3.5% to $1.4B in 2024. Overall, the total consumption indicated moderate growth from 2012 to 2024: its value increased at an average annual rate of +4.6% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +34.3% against 2020 indices.

The Vietnam Oil & Gas Upstream Market, while exhibiting a modest CAGR of 0.50%, presents a nuanced picture of growth and challenges. The market size in 2025 is estimated at $X Million (assuming a reasonable market size based on comparable Asian economies and industry reports - this value needs to be filled with a realistic estimate based on available data from external sources, such as industry reports or similar market analysis). Key drivers include increasing domestic energy demand, government initiatives to boost energy security, and exploration activities targeting both crude oil and natural gas reserves, particularly in offshore locations. Trends such as technological advancements in deep-water drilling and enhanced oil recovery techniques are boosting production efficiency and profitability. However, restraints include the inherent volatility of global oil prices, environmental concerns surrounding offshore exploration and production, and the need for continuous investment in upgrading aging infrastructure. The market is segmented by location (onshore and offshore) and product type (crude oil, natural gas, and other products). Major players, including Petrovietnam, ExxonMobil, and others, are strategically investing to capitalize on growth opportunities, although competition is significant. The offshore segment is expected to lead growth due to the potential discovery of new reserves. The forecast period from 2025 to 2033 suggests a steady, albeit slow, expansion of the market. This moderate growth reflects a balance between the drivers mentioned above and the challenges faced by the industry. To achieve more substantial growth, strategic partnerships, technological innovation, and supportive regulatory frameworks will be crucial for the Vietnamese oil and gas sector. Continued focus on exploration and production, especially in technically challenging offshore environments, will be essential for market expansion. The successful navigation of environmental concerns and achieving a balance between energy security and sustainability will shape the future trajectory of the market. Recent developments include: April 2024: Hibiscus Oil & Gas Malaysia Limited, a subsidiary of Hibiscus Petroleum Berhad, announced a second discovery in the offshore Malaysia-Vietnam agreement area, with the successful completion of the drilling of the Bunga Aster-1 exploration well. The Bunga Aster-1 well encountered approximately 17.5 m of oil-bearing sandstone with up to 46 m of potential oil column.November 2023: SK Innovation's subsidiary, SK Earthon, an exploration and production company, announced the successful discovery of crude oil in Block 16-2 in the southeastern offshore area, located in the Cuu Long Basin, which is considered one of the most promising exploration areas in Vietnam.. Key drivers for this market are: 4., Increasing Crude Oil Prices4.; Increasing Demand For Natural Gas For Energy Consumption. Potential restraints include: 4., Increasing Crude Oil Prices4.; Increasing Demand For Natural Gas For Energy Consumption. Notable trends are: The Offshore Segment is Expected to Dominate the Market.

Key information about Vietnam Natural Gas: Consumption

• Vietnam Natural Gas: Consumption was reported at 0.698 Cub ft/Day bn in Dec 2023
• This records a decrease from the previous number of 0.754 Cub ft/Day bn for Dec 2022
• Vietnam Natural Gas: Consumption data is updated yearly, averaging 0.222 Cub ft/Day bn from Dec 1981 to 2023, with 43 observations
• The data reached an all-time high of 0.995 Cub ft/Day bn in 2015 and a record low of 0.001 Cub ft/Day bn in 1981
• Vietnam Natural Gas: Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.NS: Natural Gas: Consumption

In 2023, the producer price index of crude oil and natural gas in Vietnam amounted to approximately 121.13 index points. In that year, the country's producer price index for the mining and quarrying industry was estimated at 210.42 points.

A paper about policy choices for the development of Vietnam’s gas industry. The paper begins with an introduction to Vietnam’s gas industry, then presents each of the issues that a country must address concerning its gas industry when formulating an energy policy: industry structure, market development, gas prices, and others. International trends and principles for formulating gas policy are introduced into the discussion. The following section identifies the range of problems that Vietnam’s gas policy should address and looks at a number of possible solutions. Finally, the paper concludes with some overall comments regarding gas policy in Vietnam.

Vietnam PPI: Industrial: MQ: Crude Oil, Natural Gas data was reported at 80.380 2010=100 in 2017. This records an increase from the previous number of 62.480 2010=100 for 2016. Vietnam PPI: Industrial: MQ: Crude Oil, Natural Gas data is updated yearly, averaging 148.970 2010=100 from Dec 2011 (Median) to 2017, with 7 observations. The data reached an all-time high of 158.790 2010=100 in 2012 and a record low of 62.480 2010=100 in 2016. Vietnam PPI: Industrial: MQ: Crude Oil, Natural Gas data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.T032:Table VN.I032: Producer Price Index: 2010=100 .

Price for Liquefied Petroleum Gas (LPG) in Vietnam - 2022. Find the latest marketing data on the IndexBox platform.

In 2023, the merchandise import price index for liquefied petroleum gas in Vietnam amounted to approximately 91.65 index points, indicating a decrease from the previous year. In that year, the country's merchandise import price index was at 118.39 points.

Statistics illustrates prices of gas and smoke analysers in Vietnam from 2007 to 2024.

Vietnam PPI: YoY: Industrial: Mining: Crude Oil & Natural Gas data was reported at 19.390 % in Dec 2017. This records an increase from the previous number of 10.790 % for Sep 2017. Vietnam PPI: YoY: Industrial: Mining: Crude Oil & Natural Gas data is updated quarterly, averaging 4.180 % from Jun 2007 (Median) to Dec 2017, with 43 observations. The data reached an all-time high of 90.570 % in Mar 2017 and a record low of -48.667 % in Dec 2015. Vietnam PPI: YoY: Industrial: Mining: Crude Oil & Natural Gas data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.T031:Table VN.I031: Producer Price Index: QoQ & YoY Growth.

Imports of metal containers for compressed or liquefied gas in Vietnam totaled X units in 2017, rising by X% against the previous year. In general, imports of metal containers for compressed or liquefied gas continue to indicate a prominent growth. The pace of growth was the most pronounced in 2016, when the imports increased by X% from the previous year.

In 2017, approx. X units of gas turbines were imported into Vietnam; waning by -X% against the previous year. Overall, gas turbines imports continue to indicate an abrupt curtailment. The growth pace was the most rapid in 2011, an increase of X% from the previous year. In that year, the gas turbines imports attained its maximum volume of X units. From 2012 to 2017, growth of the gas turbines imports failed to regain its strength.In value terms, gas turbines imports stood at $X in 2017.

The Vietnamese metal solid fuel appliances market fell slightly to $337M in 2024, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +1.2% from 2012 to 2024; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $349M. From 2019 to 2024, the growth of the market remained at a somewhat lower figure.