Vietnam’s fuel importers under increasing strain from record low currency, tight credit

Vietnam’s oil product importers are struggling to buy from the global market as the dong plunges against the dollar and bank credit tightens, deepening their reliance on domestic refineries that are ramping up production above capacity in a bid to alleviate critical fuel shortages in a regulated retail market, trade sources said Oct. 25-26. The dong has fallen nearly 10%…