Tran Huu Linh, Director of the Agency for Domestic Market Management and Development, explained the recent move to manage fuel prices more flexibly, with adjustments made on a daily basis.

On March 12, 2026, in Hanoi, the Ministry of Industry and Trade held a trade promotion briefing with the network of Vietnam Trade Offices abroad for the first quarter of 2026.

On the morning of March 12, the Ministry of Industry and Trade held a ceremony to launch the Digital Platform for Overseas Market Development. Deputy Prime Minister Bui Thanh Son attended the event and delivered a keynote address.

Vietnam welcomes the IEA’s collective action to release oil stocks to address the global fuel supply crisis and affirms its readiness to work with the international community to support energy market stability.

A decree guiding the implementation of Resolution 253 will specify mechanisms for adjusting and updating the national power development plan as well as regulations for offshore wind power development during the 2026 - 2035 period.

On the afternoon of March 10, at the headquarters of the Ministry of Industry and Trade (MoIT), Party Central Committee member, Secretary of the MoIT Party Committee and Acting Minister Le Manh Hung held a working session with the Vietnam Industry Agency to discuss strategic solutions for achieving double-digit growth in the industrial sector.

On the morning of March 10 in Hanoi, Acting Minister of Industry and Trade Le Manh Hung attended and delivered opening remarks at the Energy Shaping the Future Forum, which gathered more than 400 senior representatives from regulatory agencies, power companies, suppliers, and partners across Vietnam’s and Asia’s energy ecosystem.

The Government has issued Decree No. 72/2026/ND-CP amending preferential import tariffs on several petroleum products and materials used in petroleum production.

Public support and cooperation with the Government will help safeguard national energy security amid rising tensions in the Middle East.

On March 6, at the headquarters of the Ministry of Industry and Trade, Deputy Minister Nguyen Hoang Long held talks with Camila Polo Flórez, Ambassador of Colombia to Vietnam, to discuss several issues, including the invitation to attend the First International Conference on Energy Transition toward the Gradual Phase-out of Fossil Fuels in Santa Marta and activities to advance FTA negotiations between the two countries.

On March 6, Central Committee member of the Communist Party of Vietnam, member of the Party Committee of the Government, Secretary of the Party Committee and Acting Minister of Industry and Trade Le Manh Hung, together with candidates for the 16th National Assembly from Constituency No. 02 of Hai Phong City, held voter meetings and conducted election campaigning in Kien An Ward and Thanh Ha Commune.

Since February 28, 2026, the US and Israel have conducted large-scale military airstrikes targeting Iran, marking a serious escalation of tensions in the Middle East. As a major exporter of consumer goods while still relying on imported fuels and energy inputs for the economy, Vietnam is likely to face notable impacts on domestic production as well as trade and exports amid increasingly complex and unpredictable global developments.What solutions does the industry and trade sector have to achieve double-digit growth in 2026 in the face of such ...