Vietnam’s crude oil export down in Q1

Vietnam exported over 3.9 million tons of crude oil worth more than 1.7 billion U.S. dollars in the first quarter of this year, down 7.9 percent and 14.6 percent respectively year-on-year.

Vietnam is going to reduce export of fossil fuel like crude oil and coal to foster its petroleum and petrochemical industries, and ensure sufficient supplies for energy-thirsty industries like electricity and cement, said a local official from the Trade Ministry.
People’s Daily