Vietnam’s petrol, LPG import down in Q1
Vietnam imported 2 million tons of various kinds of oil and petroleum products totaling nearly 1.2 billion U.S. dollars in the first quarter of this year, posting respective year-on-year drops of 42.6 percent and 47.6 percent, its Ministry of Industry and Trade said.
Meanwhile, the country imported 349,000 tons of liquefied petroleum gas (LPG) worth 187 million U.S. dollars, down 7.9 percent in volume and down 12.2 percent in value.
Vietnam also spent 222 million U.S. dollars importing other products made from oil, down 8.7 percent.
In 2018, Vietnam spent over 7.6 billion U.S. dollars importing nearly 11.4 million tons of various kinds of oil and petroleum products, down 12.1 percent in volume but up 7.8 percent in value against 2017, according to its General Statistics Office.
The country also spent 841 million U.S. dollars importing more than 1.4 million tons of LPG, posting respective year-on-year rises of 18.3 percent and 4.9 percent.
Source :- Hellenicshippingnews.com