Oil & Gas in Vietnam

Oil & Gas in Vietnam

Summary

Oil & Gas in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The oil & gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas in each country in a specific year. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the average retail price of gasoline and diesel taken together. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the retail price of natural gas.
  • The Vietnamese oil & gas market recorded revenues of $26.7 billion in 2024, representing a compound annual growth rate (CAGR) of 1.4% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 1.5% between 2019 and 2024, reaching a total of 267.6 million BoE in 2024.
  • The growth of the Vietnamese oil & gas market consumption volume during 2019-24 is attributed to the significant rise in car ownership.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Vietnam
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Vietnam
  • Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam oil & gas market with five year forecasts
Reasons to Buy
  • What was the size of the Vietnam oil & gas market by value in 2024?
  • What will be the size of the Vietnam oil & gas market in 2029?
  • What factors are affecting the strength of competition in the Vietnam oil & gas market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Vietnam's oil & gas market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Vietnam National Oil and Gas Group
8.2. Exxon Mobil Corp
8.3. Shell plc
8.4. TotalEnergies SE
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Vietnam oil & gas market value: $ million, 2019-24
Table 2: Vietnam oil & gas market volume: million BoE, 2019-24
Table 3: Vietnam oil & gas market category segmentation: % share, by value, 2019-24
Table 4: Vietnam oil & gas market category segmentation: $ million, 2019-24
Table 5: Vietnam oil & gas market geography segmentation: $ million, 2024
Table 6: Vietnam oil & gas market value forecast: $ million, 2024-29
Table 7: Vietnam oil & gas market volume forecast: million BoE, 2024-29
Table 8: Vietnam National Oil and Gas Group: Key Facts
Table 9: Vietnam National Oil and Gas Group: Key Employees
Table 10: Exxon Mobil Corp: Key Facts
Table 11: Exxon Mobil Corp: Annual Financial Ratios
Table 12: Exxon Mobil Corp: Key Employees
Table 13: Exxon Mobil Corp: Key Employees Continued
Table 14: Shell plc: Key Facts
Table 15: Shell plc: Annual Financial Ratios
Table 16: Shell plc: Key Employees
Table 17: TotalEnergies SE: Key Facts
Table 18: TotalEnergies SE: Annual Financial Ratios
Table 19: TotalEnergies SE: Key Employees
Table 20: Vietnam Size of Population (Million), 2020-24
Table 21: Vietnam Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Vietnam GDP (Current Prices, $ Billion), 2020-24
Table 23: Vietnam Inflation, 2020-24
Table 24: Vietnam Consumer Price Index (Absolute), 2020-24
Table 25: Vietnam Exchange Rate, 2019-24
List of Figures
Figure 1: Vietnam oil & gas market value: $ million, 2019-24
Figure 2: Vietnam oil & gas market volume: million BoE, 2019-24
Figure 3: Vietnam oil & gas market category segmentation: $ million, 2019-24
Figure 4: Vietnam oil & gas market geography segmentation: % share, by value, 2024
Figure 5: Vietnam oil & gas market value forecast: $ million, 2024-29
Figure 6: Vietnam oil & gas market volume forecast: million BoE, 2024-29
Figure 7: Forces driving competition in the oil & gas market in Vietnam, 2024
Figure 8: Drivers of buyer power in the oil & gas market in Vietnam, 2024
Figure 9: Drivers of supplier power in the oil & gas market in Vietnam, 2024
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Vietnam, 2024
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Vietnam, 2024
Figure 12: Drivers of degree of rivalry in the oil & gas market in Vietnam, 2024

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