According to HEPZA, 22% of enterprises in export processing zones and industrial parks in Ho Chi Minh City have adjusted their production plans to accommodate rising
fuel costs.
Caption: Workers in a wood processing plant exporting goods in Bình Dương.
Enterprises implementing production plan adjustments are concentrated largely in the Bình Dương area (pre-merger) with 25 firms, followed by the Ba Ria–Vung Tau region (pre-merger) with 14 firms and Ho Chi Minh City (pre-merger) with 13 firms.
In addition to adjusting production plans, some enterprises also faced impacts on delivery timelines. The survey results show 27 enterprises, equivalent to about 12% of respondents, had to extend delivery times by more than 10 days due to higher logistics costs and changes in shipping routes.
According to HEPZA, many firms importing components and raw materials from the Middle East and Europe via the Hormuz Strait are experiencing difficulties due to supply chain disruptions. Some transport routes have been rerouted via the Cape of Good Hope (South Africa), extending transit times by about 3–4 weeks and pushing up logistics costs.
Nevertheless, the current level of impact has not spread widely. However, in the medium and long term, material supply chains and the consumer market could continue to be affected if geopolitical tensions persist.
To mitigate energy volatility and ensure continued production, Ho Chi Minh City is implementing various measures to maintain fuel and gas supply for production and business activities.
According to the city’s Department of Industry and Trade, fuel and gas supply in the area is basically secure; retail fuel outlets and gas service providers continue to operate normally to meet the needs of people and enterprises. The city also proposes inter-agency measures to create priority lanes for fuel and gas transportation to shorten circulation times and ensure timely supply to the market.
Separately, market management teams are strengthening checks and supervision of fuel trading activities, promptly detecting and addressing hoarding, supply shortages, or mispricing. Market management teams maintain 24/7 on-duty status, closely monitor supply-demand developments, and receive feedback from residents and businesses via the hotline.
