Vietnam

Vietnam is at a moderate risk level, largely due to its 85% oil import dependency, including 70% for refined products, and moderate Hormuz exposure. Gasoline prices are $1.02/L, and the industrial sector is experiencing significant energy cost pressures. With 48 days of oil reserves, the country has some buffer, but a prolonged crisis could test this capacity. The coming weeks will likely see continued economic headwinds for industries and consumers as global energy prices remain high.