Hung Yen (VNA) — Rising tensions in the Middle East have affected Vietnam’s domestic fuel market, prompting the northern province of Hung Yen to implement measures to ensure supply, prevent hoarding and stabilise prices.
In the latest price adjustment effective late on March 10, RON95-III petrol rose by 2,080 VND (0.08 USD ) per litre to 29,120 VND per litre, while E5 RON92 increased by 1,350 VND to 26,570 VND per litre. Diesel climbed to 30,710 VND per litre and mazut to 24,700 VND per kilogram, whereas kerosene fell by 2,710 VND to 32,380 VND per litre.
Petrolimex Hung Yen, the province’s main fuel supplier with 74 outlets and 40 franchisees, has strengthened supply coordination to avoid disruptions. At its Outlet No. 3 on Quang Trung street, daily sales averaged 22 cubic metres but rose to 30 cubic metres on March 9, about 30% higher than usual. The station maintains reserves of 50–60 cubic metres to meet demand.
Across the distribution network, daily consumption at the Petrolimex Thai Binh branch reached 290–300 cubic metres between March 5 and 9, about 1.5–1.7 times normal levels. The company has increased transport capacity, accelerated procurement and balanced supply among outlets. Authorities also warned residents against stockpiling fuel due to safety risks and supply imbalances.
Petrolimex Hung Yen maintains regular reserves of about 5,500 cubic metres at directly managed outlets and roughly 2,000 cubic metres at franchised stations. The provincial Department of Industry and Trade has ordered closer monitoring of supply and demand and retail prices to detect shortages or unjustified price hikes.
Amid ongoing volatility in global energy markets, proactive supply management and tighter market supervision are seen as key to maintaining socio-economic stability. Local authorities and businesses will continue to track developments and adjust supply plans to ensure stable fuel provision for production and daily activities./.
