



(PLO)- The Ministry of Industry and Trade actively cooperates with ministries and branches to increase petroleum production and import by 20% of the average annual output.
From the beginning of the year until now, a number of petrol stations in Ho Chi Minh City and Hanoi have shown signs of selling in moderation, selling only 30,000-50,000 VND for petrol for each motorbike, some shops have a sign saying “out of gas, but no more”. oil” or pull the fence to stop selling.
Tired of waiting to buy 30,000 VND of gasoline
Last week, a number of gas stations in Ho Chi Minh City continued to limit the amount of gasoline sold to buyers, causing fatigue for consumers.
Mr. Lam Dai Vinh, Director of Lam Vinh Transport Co., Ltd., said that pouring petrol stations outside is limited to not being able to fill the tank. Even a truck that dumps 50 liters or 100 liters will run out of fuel before it runs out of fuel. The company does not dare to accept orders for transportation in remote provinces because it does not know when there is enough gasoline to return the car.
And at some gas stations that only sell 30,000 VND, it also makes people tired because waiting for 30 minutes to fill it up, but running out of gas is always walking.
“The staff said they ran out of gas, but when they run out of gas, how can they do business, so our people are tired,” said a resident of Ho Chi Minh City.
Meanwhile, some petroleum retail businesses said that in the past time, gasoline discounts were only 0-200 VND / liter, not to mention the clues that “poured” goods in drips or the right volume, so stores sell only in moderation.
According to businesses, with a very low commission like now, the more they sell, the more they lose, and some stores lose hundreds of millions of dong per month, making it difficult for businesses to endure.
Many costs are not included
Previously, on October 28, at a discussion session on the socio-economic situation in 2022, with a plan for 2023, delegate Ta Thi Yen (Dien Bien delegation) said that the petroleum problem was “unreal”. or “young people” need to evaluate to have a radical, long-term solution.
On the afternoon of November 4, the Ministry of Finance officially proposed a plan to adjust the cost of bringing petrol and oil from abroad to Vietnam for consultation with the Ministry of Industry and Trade… If there is no major change, the operating period will be dated November 4. 11-11, the costs incurred will be updated and this is also a relatively good fix.
The State Bank has also specifically directed commercial banks to consider specific solutions for each enterprise that is having difficulty in accessing guaranteed capital and liquidity.
“We already have a national energy security strategy. The two Nghi Son and Binh Son refineries and petrochemical plants ensure 70%-80% of domestic consumption, only having to import 20%. However, in the past time, there has been a phenomenon of running out of gas at a series of gas stations in Hanoi and Ho Chi Minh City “- Ms. Yen said.
According to Minister of Industry and Trade Nguyen Hong Dien, in addition to the objective causes of the world are supply disruptions, energy crisis, high inflation, prices fluctuating in a large range, foreign exchange rates changing hourly. .
The subjective reasons are that it is very difficult for petroleum businesses to access capital and credit guarantees from banks, difficult loan conditions for liquidity, foreign currency exchange rates to import petrol and oil change constantly, and large price fluctuations. Therefore, the risk is very high for businesses.
In addition, in the context of scarcity of goods, many costs incurred many outdated norms but were not updated in time and fully, not reflected in the formula for calculating the base price of gasoline, so the more enterprises made losses. .
Need to change the way of operating
During the question-and-answer session, the delegates said that there was confusion about the local shortage of gasoline, making people and businesses angry. This phenomenon still occurs locally in some localities and has not been resolved completely.
From there, the delegates suggested that it is necessary to change the way of operating and managing the market on gasoline prices, in which is to unify the focal point of petrol and oil management, including price management and normative business expenses.
![]() |
On November 5, a gas station in District 12 (HCMC) hung a sign of running out of gas. Photo: TUYEN WOMAN |
Delegate Tran Hoang Ngan acknowledged that the petroleum market had broken supply chains in some places. Regarding gasoline prices, in the coming time, there may be complicated developments, the National Assembly needs to authorize the National Assembly Standing Committee to consider and decide to cut taxes and fees related to petrol and oil such as value tax. increase, excise tax to control inflation in the fastest way” – Mr. Ngan suggested.
Minister Nguyen Hong Dien said that in order to promptly overcome the above situation, the ministry directs and guides key businesses, distributors, and traders to share the supply in their commercial reserves in order to promptly provide aid to those affected by the pandemic. area in need of rescue.
The Ministry continues to encourage and assign additional targets to manufacturing enterprises and key enterprises to increase production and import output to ensure supply to the market in all situations.
The situation of local oil shortage will be overcome immediately
Also according to Minister Nguyen Hong Dien, currently Vietnam’s petroleum production in the country reaches about 80% of the demand. In this 80%, half, even more than half of Vietnam’s crude oil still has to be imported from the world. Therefore, fluctuations in the world market directly affect the domestic market. The remaining 20% of finished petroleum products are imported from abroad, so Vietnam is also affected.
However, up to this point, according to data obtained by the Ministry of Industry and Trade, the production output of domestic factories as well as imported from abroad has reached 86% of the whole year plan.
“Every year we need about 18-19 million m3 petroleum, with an output of 86% of the plan as above, can confirm that the petroleum source in enterprises can fully guarantee the domestic market… The Ministry of Industry and Trade actively coordinates with the ministries and construction sectors develop a scenario to increase production output and import petroleum by 20% of the average annual output. Specifically, there will be about 21 million tons of petroleum in the country, enough to meet the needs of the whole country, “- Mr. Dien affirmed.
Citing many relevant data, Minister Nguyen Hong Dien said that the lack of petrol is only partial.
At the end of the question-and-answer session of the Wednesday session on the afternoon of November 5, Prime Minister Pham Minh Chinh said that the Government is directing relevant agencies to promptly respond to policies and coordinate effectively to ensure supply enough gasoline for production, business and consumption in all situations.
Expeditiously review and amend relevant legal documents, ensuring the initiative, flexibility and efficiency in the management of petroleum business activities. Research and implement to increase the total national reserve level and increase domestic production capacity.
There have been many opinions and recommendations, leaders of ministries and branches have also analyzed and proposed solutions to remove them and the Prime Minister has also suggested that it is necessary to ensure oil and gas in all situations.
Therefore, people expect no longer waiting in line just to buy 30,000 VND of gasoline.
Re-arrangement of petroleum distribution system
In the near future, the ministry will rearrange the petroleum distribution system. The Ministry of Industry and Trade has agreed not to issue more (focal enterprises and distribution enterprises – PV) but only grant and change licenses. This exchange is done when the enterprise proves that all conditions are met. Currently, the multi-tiered petroleum trading system increases costs.
![]() |
Minister of Industry and Trade Nguyen Hong Dien. |
Therefore, in the next repair direction, the system of focal enterprises will be rearranged and do not need too many distributors. The focal enterprises will bring gasoline to agents and retailers, this will reduce the hierarchy.
Minister of Industry and Trade NGUYEN HONG DIEN Answer in the morning session 5-11
![]() |
Mr. Pham Ngoc Hung, Vice Chairman of Ho Chi Minh City Business Association. |
The Ministry of Industry and Trade said it will coordinate with the State Bank to promptly access credit guarantee capital. This is a prerequisite for petroleum enterprises to survive and play an important role in providing society with this special commodity.
Grandfather PHAM NGOC HUNG, Vice Chairman of Ho Chi Minh City Business Association
![]() |
Mr. Bui Ta Hoang Vu, Director of Ho Chi Minh City Department of Industry and Trade. |
In Ho Chi Minh City, the situation of running out of gas is still ongoing. Currently, Ho Chi Minh City consumes an average of 6,800 m a day3 but supply cannot meet demand.
At the peak of Ho Chi Minh City, up to 20% of stores temporarily ran out of petrol in the suburban districts. Most of these retail petrol stations are owned by small businesses, not doing business in chains.
Grandfather BUI TAO HOANG VU, Director of Ho Chi Minh City Department of Industry and Trade

Gasoline stores continue to channelize, restricting customers to fill up
(PLO)-Access to foreign currency capital as well as import guarantee and payment support of key enterprises and distribution traders still face difficulties.