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1 Apr 2026

International Economy

CLMV countries face high risks from the Strait of Hormuz crisis, while Vietnam mitigates oil price pressures through government measures (Business Brief No.4255 Full Ed.)

คะแนนเฉลี่ย
  • The CLMV countries (Cambodia, Lao PDR, Myanmar, and Vietnam) are highly dependent on oil imports, particularly those without domestic refineries – including Cambodia, Lao PDR, and Myanmar – which import nearly 100 percent of their refined petroleum products. Meanwhile, Vietnam relies heavily on crude oil imports from the Middle East (around 88 percent). 
  • Diesel prices in Lao PDR, Myanmar, and Cambodia have risen more sharply than in other countries in the region, reflecting structural constraints in the energy sector and limitations in government policy. In contrast, Vietnam has been able to partially ease price pressures through government measures, resulting in a decline in fuel prices after an initial surge. 
  • Over the long term, any easing of risks facing CLMV countries will depend on the development of domestic energy infrastructure, diversification of oil import sources, and the effectiveness of government policies in maintaining price stability.

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International Economy