Vietnam

Fuchs Picks Up Vietnam Distributor

Fuchs Picks Up Vietnam Distributor

Lube Report Asia - February 12, 2021

Fuchs Group announced this week that it has purchased a controlling stake in the lubricants business of Vietnamese distr ...

Vietnam Lube Consumption Rebounds

Vietnam Lube Consumption Rebounds

Lube Report Asia - January 1, 2021

Vietnam is returning to pre-pandemic levels of lubricant consumption, an industry insider said, boosted by strong growth ...

Vietnam Struggles to Enforce Lube Standard

Vietnam Struggles to Enforce Lube Standard

Lube Report Asia - August 21, 2020

As its dependence on imported lubricants increases, Vietnam’s government is grappling with enforcement of its national ...

Asia-Pacific Leads in New Wind Turbines

Asia-Pacific Leads in New Wind Turbines

Lube Report Asia - April 10, 2020

Asia-Pacific continued to lead in global wind power development in 2019, accounting for 50.7 percent of new installation ...

Additive

SK Acquires Stake in Vietnamese Blender

Lube Report Asia - February 14, 2020

SK Lubricants acquired a 49 percent stake in Mekong Petrochemical JSC, Vietnams largest private lubricant company, as pa ...

Asean Motor Vehicle Sales Slowdown to Continue

Asean Motor Vehicle Sales Slowdown to Continue

Lube Report Asia - February 14, 2020

Automotive sales in the Association of Southeast Asian Nations dropped 3 percent in 2019, but sales of two-wheelers incr ...

Cutting Oils in Demand for Solar Panels

Cutting Oils in Demand for Solar Panels

Lube Report Asia - February 7, 2020

Vietnams increasing number of solar plant installations is boosting overseas demand for silicon wafer cutting oil used i ...

Chevron Completes Vietnam Expansion

Chevron Completes Vietnam Expansion

Lube Report Asia - December 7, 2018

Chevron Lubricants Vietnam has completed the expansion of its Hai Phong, Vietnam, blending plant, a $5 million project t ...

Additive

Vietnam Hikes Environmental Tax on Lubes

Lube Report Asia - October 19, 2018

Vietnam will double its environmental tax for lubricants beginning Jan. 1, according to a resolution passed by the count ...

Slow Auto Sales Curb Vietnams Lube Growth

Slow Auto Sales Curb Vietnams Lube Growth

Lube Report Asia - August 3, 2018

Vietnams declining automotive sales may hinder lubricant market growth. To stay competitive, patience to develop a relia ...

Additive

Taiwans CPC Breaks Ground in Vietnam

Lube Report Asia - February 9, 2018

Taiwanese state-owned petroleum company CPC Corp. began construction of an automotive lubricant blending plant in southe ...

Additive

Vietnam Increasingly Attractive to Indonesia

Lube Report Asia - September 12, 2017

Indonesian lubricant blenders might be turning their sights to Vietnam due mainly to the growth potential of its automob ...

SE Asia Infrastructure Projects Abound

SE Asia Infrastructure Projects Abound

Lube Report Asia - June 20, 2017

Infrastructure construction is booming in Southeast Asia - particularly in Thailand and Vietnam - and new Asian lube sup ...

Vietnam Vehicle Sales Vroom

Vietnam Vehicle Sales Vroom

Lube Report Asia - June 13, 2017

Vietnams demand for aftermarket motor oils is expected to see tremendous growth as an expanding middle class boosts pass ...

Chevron to Expand Vietnamese Plant

Chevron to Expand Vietnamese Plant

Lube Report Asia - May 9, 2017

Chevron has broken ground on an expansion of its lubricants blending facility in Hai Phong, Vietnam, the company confirm ...

SE Asias Auto Sales Up, Moto Sales Down

SE Asias Auto Sales Up, Moto Sales Down

Lube Report Asia - February 14, 2017

Led by double-digit growth in Singapore, the Philippines and Vietnam, automobile sales in Southeast Asia increased 3 per ...