Vietnam's Aviation Sector Faces Pressure Amid Global Fuel Crunch
Vietnam’s aviation industry is facing a potential fuel shortage due to restrictions on exports of refined fuel products from China and Thailand. The country imports over two-thirds of its jet fuel, and airlines have been warned to review operational plans. Vietnam has reached out to alternative suppliers, but finding new sources in the current market may be difficult. Reuters reported that Petrolimex and Skypec, two major fuel importers, can only guarantee supply through the end of March. The Civil Aviation Authority of Vietnam has urged airlines to prepare for possible reductions in domestic routes.