It's time for Vietnam to fend off China over its new oil discovery

OpinionHanoi resources can reduce region's dependency on the Middle EastTim DaissAugust 24, 2026 05:05 JSTAn aerial view shows the city of Vung Tau, Vietnam. A U.S. oil exploration company estimates untapped oil reserves of around 430 million barrels about 65 kilometers offshore. © ReutersTim Daiss is a journalist and analyst who has covered energy markets, sustainability and geopolitics in the Asia-Pacific region for the past 15 years.Read NextTransportationTurkish Airlines aims to add 15%-20% Asia flights, eyes China and AustraliaEconomyChip boom pushes Vietnam, Philippines closer to 'high-income' statusSupply ChainExclusive: Google plans to stop making Pixel products in China in 2027EconomyVietnam public spending boom boosts infrastructure earningsBig in AsiaPhilippine rice growers on f