Ship-tracking data and trade sources say Vietnam has, for the first time in eight years, directly imported diesel produced by India’s Reliance Industries after Hanoi removed fuel import taxes in March to widen supply. About 70,000 tonnes of diesel from Reliance’s Jamnagar refinery was loaded onto Panamax vessel Magic Victoria and discharged Aug. 14-16 at PetroVietnam’s Yunfeng terminal in Khanh Hoa province. LSEG and Kpler data show Vietnam’s diesel imports had previously come mainly from South

2026-08-17

Ship-tracking data and trade sources say Vietnam has, for the first time in eight years, directly imported diesel produced by India’s Reliance Industries after Hanoi removed fuel import taxes in March to widen supply. About 70,000 tonnes of diesel from Reliance’s Jamnagar refinery was loaded onto Panamax vessel Magic Victoria and discharged Aug. 14-16 at PetroVietnam’s Yunfeng terminal in Khanh Hoa province. LSEG and Kpler data show Vietnam’s diesel imports had previously come mainly from South Korea and other Southeast Asian suppliers; the tax removal follows Middle East shipping risks that pushed buyers to seek nontraditional sources.