Can private companies import crude oil into Vietnam?

Petrovietnam dominant. Bach Ho, Su Tu Den, Rang Dong fields. Vietnam is a net product importer (production declining).

Are refined products (diesel, fuel oil, gasoline) tradeable by private importers in Vietnam?

Nghi Son (50% Idemitsu), Dung Quat refineries cover ~70% of domestic demand.

Does OilFlow screen counterparties against Vietnam regulations?

Yes. The same rule table shown on this page ships in the Regulatory Matrix API; counterparty checks destined for Vietnam are gated against these rules automatically.

All countries

Regulatory

Vietnam — oil import rules

These are the same rules the Regulatory Matrix API serves for Vietnam-bound trade: which products private parties can move, which run through a government or monopoly route, and which are closed outright.

Open to private trade3

Restricted1

Blocked0

Compiled regulatory guidance from OilFlow Network, not legal advice. Rules change; confirm with the relevant national regulator before structuring a deal.

Product-by-product

Crude oilRESTRICTED: Restricted — government/monopoly routePetrovietnam dominant. Bach Ho, Su Tu Den, Rang Dong fields. Vietnam is a net product importer (production declining).
Refined products (diesel, fuel oil, gasoline, jet)ALLOWED: Allowed for private tradeNghi Son (50% Idemitsu), Dung Quat refineries cover ~70% of domestic demand.
LPGALLOWED: Allowed for private tradeStandard licensing applies. No special restrictions recorded.
LNGALLOWED: Allowed for private tradeThi Vai LNG terminal (PV Gas) operational 2023; Hai Linh emerging.

Frequently asked

Can private companies import crude oil into Vietnam?: Petrovietnam dominant. Bach Ho, Su Tu Den, Rang Dong fields. Vietnam is a net product importer (production declining).
Are refined products (diesel, fuel oil, gasoline) tradeable by private importers in Vietnam?: Nghi Son (50% Idemitsu), Dung Quat refineries cover ~70% of domestic demand.
Does OilFlow screen counterparties against Vietnam regulations?: Yes. The same rule table shown on this page ships in the Regulatory Matrix API; counterparty checks destined for Vietnam are gated against these rules automatically.

Use this jurisdiction

These rules ship in the Regulatory Matrix API, from $99/mo. Bank compliance teams hit /api/v1/regulatory/check to gate counterparty intake automatically; subscribers get webhooks on every rule change. Screening a specific counterparty into Vietnam? Run a free check first.