{"id":38915,"date":"2026-10-23T14:56:39","date_gmt":"2026-10-23T07:56:39","guid":{"rendered":"https:\/\/gtht.com.vn\/?post_type=research&#038;p=38915"},"modified":"2026-10-23T15:42:38","modified_gmt":"2026-10-23T08:42:38","slug":"en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026","status":"publish","type":"research","link":"https:\/\/gtht.com.vn\/en\/research\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\/","title":{"rendered":"(EN) GTHTSVN Research_Sector Report_VIETNAM OIL &amp; GAS INDUSTRY_UNBLOCKING THE NATION&#8217;S VITAL FLOW _Oct 22, 2026"},"content":{"rendered":"<p data-pm-slice=\"1 1 []\"><strong><a href=\"https:\/\/gtht.com.vn\/wp-content\/uploads\/2026\/10\/EN-GTHTSVN-Research_Sector-Report_VIETNAM-OIL-GAS-INDUSTRY_UNBLOCKING-THE-NATIONS-VITAL-FLOW-_Oct-22-2026.pdf\">EN-GTHTSVN-Research_Sector-Report_VIETNAM-OIL-GAS-INDUSTRY_UNBLOCKING-THE-NATIONS-VITAL-FLOW-_Oct-22-2026.pdf<\/a><\/strong><\/p>\n<p data-pm-slice=\"1 1 []\"><strong>Oil &#038; Gas Industry Outlook\u00a0<\/strong><\/p>\n<p>2026 is expected to be a pivotal year for Vietnam\u2019s oil and gas industry, supported by policy developments, progress in key projects and continued investment in domestic energy infrastructure. However, geopolitical tensions in the Middle East, supply-side risks and changes in global energy policies may continue to create volatility in oil prices and operating conditions for industry players.<\/p>\n<p>Over the longer term, the domestic oil and gas investment cycle is expected to support growth in oilfield services, transportation and energy infrastructure. Nevertheless, earnings prospects are likely to vary across segments, depending on each company\u2019s position in the value chain, project execution progress and ability to convert business opportunities into cash flow.<\/p>\n<p><strong>Key Stocks to Watch Across the Value Chain<\/strong><\/p>\n<ul data-spread=\"false\">\n<li>\n<p><strong>Oilfield Services \u2013 PVS, PVD:<\/strong> Beneficiaries of existing backlogs and progress in offshore oil and gas projects. PVS is supported by its backlog and project execution pipeline, while PVD may benefit from improving drilling rig day rates and demand for drilling services.<\/p>\n<\/li>\n<li>\n<p><strong>Gas &#038; Transportation \u2013 GAS, PVT:<\/strong> GAS is positioned to benefit from its role in the gas value chain and the development of the LNG ecosystem. PVT offers potential upside from fleet expansion and a possible recovery in tanker freight rates.<\/p>\n<\/li>\n<li>\n<p><strong>Refining \u2013 BSR:<\/strong> Earnings prospects depend on refining margins, operational efficiency and maintenance schedules. Investors should monitor crack spreads and other factors affecting refinery utilization and output.<\/p>\n<\/li>\n<li>\n<p><strong>Distribution \u2013 PLX, OIL:<\/strong> Growth opportunities stem from retail network expansion, operational improvements and digital transformation, amid ongoing changes in Vietnam\u2019s petroleum market regulations.<\/p>\n<\/li>\n<\/ul>\n<p><strong>Investment Strategy<\/strong><\/p>\n<p>We prioritize investment opportunities based on earnings growth prospects, cash flow generation, exposure to the industry\u2019s investment cycle and company valuations. Investors should note that the timing of earnings realization may differ across segments, while oil price volatility and geopolitical risks remain key factors to monitor.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"author":36,"featured_media":0,"template":"","cate_research":[80],"specialized":[],"class_list":["post-38915","research","type-research","status-publish","hentry","cate_research-bao-cao-doanh-nghiep-en"],"yoast_head":"<title>(EN) GTHTSVN Research_Sector Report_VIETNAM OIL &amp; GAS INDUSTRY_UNBLOCKING THE NATION&#039;S VITAL FLOW _Oct 22, 2026 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gtht.com.vn\/en\/research\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"(EN) GTHTSVN Research_Sector Report_VIETNAM OIL &amp; GAS INDUSTRY_UNBLOCKING THE NATION&#039;S VITAL FLOW _Oct 22, 2026 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\" \/>\n<meta property=\"og:description\" content=\"EN-GTHTSVN-Research_Sector-Report_VIETNAM-OIL-GAS-INDUSTRY_UNBLOCKING-THE-NATIONS-VITAL-FLOW-_Oct-22-2026.pdf Oil &#038; Gas Industry Outlook\u00a0 2026 is expected to be a pivotal year for Vietnam\u2019s oil and gas industry, supported by policy developments, progress in key projects and continued investment in domestic energy infrastructure. However, geopolitical tensions in the Middle East, supply-side risks and changes in global energy policies may continue to create volatility [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gtht.com.vn\/en\/research\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-23T08:42:38+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/en\\\/research\\\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\\\/\",\"url\":\"https:\\\/\\\/gtht.com.vn\\\/en\\\/research\\\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\\\/\",\"name\":\"(EN) GTHTSVN Research_Sector Report_VIETNAM OIL &amp; GAS INDUSTRY_UNBLOCKING THE NATION'S VITAL FLOW _Oct 22, 2026 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#website\"},\"datePublished\":\"2026-10-23T07:56:39+00:00\",\"dateModified\":\"2026-10-23T08:42:38+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/gtht.com.vn\\\/en\\\/research\\\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\\\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#website\",\"url\":\"https:\\\/\\\/gtht.com.vn\\\/\",\"name\":\"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/gtht.com.vn\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#organization\",\"name\":\"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\",\"url\":\"https:\\\/\\\/gtht.com.vn\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/gtht.com.vn\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/faviicon-1.jpg\",\"contentUrl\":\"https:\\\/\\\/gtht.com.vn\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/faviicon-1.jpg\",\"width\":1067,\"height\":1067,\"caption\":\"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)\"},\"image\":{\"@id\":\"https:\\\/\\\/gtht.com.vn\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>","yoast_head_json":{"title":"(EN) GTHTSVN Research_Sector Report_VIETNAM OIL &amp; GAS INDUSTRY_UNBLOCKING THE NATION'S VITAL FLOW _Oct 22, 2026 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gtht.com.vn\/en\/research\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\/","og_locale":"en_US","og_type":"article","og_title":"(EN) GTHTSVN Research_Sector Report_VIETNAM OIL &amp; GAS INDUSTRY_UNBLOCKING THE NATION'S VITAL FLOW _Oct 22, 2026 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","og_description":"EN-GTHTSVN-Research_Sector-Report_VIETNAM-OIL-GAS-INDUSTRY_UNBLOCKING-THE-NATIONS-VITAL-FLOW-_Oct-22-2026.pdf Oil &#038; Gas Industry Outlook\u00a0 2026 is expected to be a pivotal year for Vietnam\u2019s oil and gas industry, supported by policy developments, progress in key projects and continued investment in domestic energy infrastructure. However, geopolitical tensions in the Middle East, supply-side risks and changes in global energy policies may continue to create volatility [&hellip;]","og_url":"https:\/\/gtht.com.vn\/en\/research\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\/","og_site_name":"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","article_modified_time":"2026-10-23T08:42:38+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/gtht.com.vn\/en\/research\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\/","url":"https:\/\/gtht.com.vn\/en\/research\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\/","name":"(EN) GTHTSVN Research_Sector Report_VIETNAM OIL &amp; GAS INDUSTRY_UNBLOCKING THE NATION'S VITAL FLOW _Oct 22, 2026 - Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","isPartOf":{"@id":"https:\/\/gtht.com.vn\/#website"},"datePublished":"2026-10-23T07:56:39+00:00","dateModified":"2026-10-23T08:42:38+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gtht.com.vn\/en\/research\/en-gthtsvn-research_sector-report_vietnam-oil-gas-industry_unblocking-the-nations-vital-flow-_oct-22-2026\/"]}]},{"@type":"WebSite","@id":"https:\/\/gtht.com.vn\/#website","url":"https:\/\/gtht.com.vn\/","name":"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","description":"","publisher":{"@id":"https:\/\/gtht.com.vn\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gtht.com.vn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/gtht.com.vn\/#organization","name":"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)","url":"https:\/\/gtht.com.vn\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gtht.com.vn\/#\/schema\/logo\/image\/","url":"https:\/\/gtht.com.vn\/wp-content\/uploads\/2025\/05\/faviicon-1.jpg","contentUrl":"https:\/\/gtht.com.vn\/wp-content\/uploads\/2025\/05\/faviicon-1.jpg","width":1067,"height":1067,"caption":"Ch\u1ee9ng Kho\u00e1n Guotai Haitong (Vi\u1ec7t Nam)"},"image":{"@id":"https:\/\/gtht.com.vn\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/research\/38915\/"}],"collection":[{"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/research\/"}],"about":[{"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/types\/research\/"}],"author":[{"embeddable":true,"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/users\/36\/"}],"wp:attachment":[{"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/media\/?parent=38915"}],"wp:term":[{"taxonomy":"cate_research","embeddable":true,"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/cate_research\/?post=38915"},{"taxonomy":"specialized","embeddable":true,"href":"https:\/\/gtht.com.vn\/en\/wp-json\/wp\/v2\/specialized\/?post=38915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}