VIỆT NAM NHẬP DẦU NHIỀU: ĐẤT NƯỚC NHỎ, QUYỀN LỰC LỚN

It's a country with an area no larger than Nghe An Province and a population no greater than Thanh Hoa Province but it directly affects Vietnam especially fuel prices here This country is not far from hotspots in the Middle East such as Iran and Israel And we're talking about Coes Coes's full official name is the State of Coes This is a country located in Western Asia situated at the northern edge of the Arabian Peninsula's eastern region And at the head of the Persian Gulf it borders Iraq and Saudi Arabia Here are a few figures to help visualize it Coes covers an area of nearly 18 000 km² equivalent to the size of Nghe An province with a population of 4.3 million slightly higher than Thanh Hoa's Their capital named after the country itself is Coes City But why is it called Coes Coes is how we transliterate it into foreign languages and sometimes it's written in English with many people casually reading it as Cui Quát Here "Cui" means a small fortress or stronghold The name of this country means small fortress Here are a few key historical highlights about Coes to help you visualize it clearly Oil was discovered in Coes in the 1930s and subsequently Coes underwent a large-scale modernization In the 1980s the country went through a period of political instability and the economic crisis that followed the stock market collapse In 1990 the country was invaded by Iraq under Saddam Hussein The period of Iraqi occupation ended in 1991 Following the intervention of the coalition forces large-scale efforts were launched to restore the economy and rebuild national infrastructure Now Coes is a small country with a small population yet with a high per capita income it stands as a prime example of a prosperous nation in the Middle East Before delving into how Coes's story relates to Vietnam let's continue exploring this country together When people talk about the Middle East many wonder whether that country has a monarchy or how it is governed and who is in charge In fact Coes was indeed a monarchy but not in the familiar European sense of kingship The head of state here is called an Emir Emir means "prince" or "ruler" in Arabic In Arab culture an Emir is the leader of a small territory and the role of Emir at Coes is similar to that of a king He is the head of state with the authority to appoint the prime minister approve legislation and influence the political apparatus The Coes royal family is now ancient dynasty They have ruled this country for many years They are the Al-Shabab family This dynasty came to power in 1752 by which time Vietnam still had a Lê emperor When the desert tribes of Ven Persia chose the Al-Shabab family as their leaders o manage trade and protect the community Since then all the minor rulers of Coes have belonged to this family Although it has a royal family Coes's political system is not an absolute monarchy like those in some other Middle Eastern countries Coes is regarded as a constitutional monarch meaning that in addition to the royal family there is an elected parliament and a constitution The Coes Parliament has the authority to debate legislation question the government and even exert pressure to force ministers to resign Nevertheless the monarch still holds significant power within the political system such as the ability to dissolve parliament or appoint the prime minister Simply put Coes is a nation that combines monarchy with a professional political system The Al-Shabaab clan holds the highest position within the power structure yet beneath it elements of a civilian system still exist That is also why Coes is often regarded as one of the Gulf states It has a far more open political life than other monarchies in the region When discussing the relationship between Coes and Vietnam it is closely tied to one thing—oil And when it comes to oil in the Middle East many people immediately think of vast nations such as the Middle East or Iran But what's interesting is that Coes a very small country It is also among the world's top oil-rich nations Its area is about one-twentieth the size of Vietnam Beneath the desert sands of the country lies a vast reservoir of energy According to various international statistics Coes holds approximately 100 to 101 billion barrels of oil accounting for about 6 percent of the world's total oil reserves With this figure the country consistently ranks among the top 10 nations globally in terms of oil reserves One of Coes's most famous black gold mines is the Bugan mine It is the second-largest oil field in the world just south of the Gawa oil field in Saudi Arabia This Bugan field was discovered in 1938 That was nearly a century ago and ever since it has remained the beating heart of the oil industry in Coes pulsing steadily This region can produce millions of barrels of oil daily serving as the country's primary source of revenue Thanks to its vast oil reserves Coes underwent nearly miraculous transformation throughout the 20th century Before the oil was extracted this country was merely a desert region along the coast mainly fishing trading and pearl diving generally hard and laborious work But when oil exports began after World War II Petroleum quickly turned Coes into one of the world' s top oil-rich nations in terms of per capita income Today this industry remains the backbone of Coes's economy accounting for approximately 90% of export revenue And over 80 percent of the government's revenue comes from oil The country exports about 2.5 to 3 million barrels of oil daily mostly exported to Asia particularly major economies such as China India and South Korea And a familiar partner of Coes is Vietnam That's why people jokingly say that Coes is a small nation situated on an oil sea Small in area and population yet possessing enormous oil resources they can maintain a high standard of living and extensive social welfare and play a significant role in the global energy market including in our country Vietnam Vietnam relies heavily on crude oil from Coes particularly for the Nghi Son refinery in Thanh Hóa one of Vietnam's two major oil refineries Currently we have two main oil refineries: Dung Quat in Quang Hai and Nghi Son in Thanh Hoa These two refineries produce the majority of refined oil used domestically Although Vietnam has oil refineries it still imports crude oil from abroad for processing When crude oil is filtered it becomes refined oil which we then pour into our vehicles to drive Among the countries supplying oil to Vietnam Coes is the largest source For example according to 2025 data Vietnam imported approximately 14.1 million tons of crude oil valued at approximately 7.7 billion USD imports from Coes alone accounted for nearly 80% of this total That means on average out of every 10 barrels of crude oil imported into Vietnam 8 are exported from Coes Of course it's no coincidence that we have to import crude oil all the way from Coes—after all why would Vietnam import so much crude oil from Coes especially for the Nghi Son Refinery this is no coincidence —it is directly related to the plant's technical design Regarding the investment contract and the characteristics of crude oil First the initial design of the paint grinding plant When constructing this plant Major partners involved in building the project include Coes' oil company Therefore the plant's technology system Designed to best match Coes' oil We must understand that every type of crude oil around the world And oil refineries often have to optimize for a specific type of crude oil Using a significantly different type of oil reduces processing efficiency or technical adjustments must be made Think of it simply like cooking rice—some types of rice prefer water others do not The rice cooker or the heat source must be electric and compatible not just any pot can be used for cooking at the same time Yet it still produced identical results In the Nghi Son project the participation of the Coes Oil and Gas Group was involved Thus both parties signed a long -term crude oil supply contract ensuring the plant maintains a stable raw material supply for many years To prevent oil shortages Another reason is that Coes' supply source is very stable and large-scale This country is among the world's largest oil exporters with exports of immense volume as previously mentioned Thus they are capable of supplying large volumes over an extended period—crucial for a refinery Moreover oil transported from the Middle East to Vietnam is typically shipped by vessel Without conflicts such as those during tense periods It is highly advantageous The transportation costs on this route are quite competitive compared to many other oil sources However excessive reliance on a single source poses a risk ere are also risks in putting all your eggs in one basket so in recent years Vietnam has begu esting oil imports from other countries such as the United Arab Emirates which isn't far from Coes or Nigeria in Africa or Brunei right in the Southeast Asian region to diversify supply sources and mitigate risks in case of instability in the Middle East And briefly Vietnam imports a lot of oil from Coes mainly because the refinery was designed to process it This type of oil comes with a long-term supply contract and a stable oil source from Coes If there were no issues The risk on the battlefield is too great for the entire world to bear not just Vietnam Ultimately as usual When mentioning any country let's talk about the Vietnamese here and there about what Vietnamese people there are doing The number of Vietnamese people currently living and working at Coes is not overly crowded yet there is still a community of workers employed there Most Vietnamese people who come to Coes do so to work under fixed-term employment contracts the main sectors are construction mechanical engineering oil and gas and services Coes is an oil-rich nation but with a small population so it must hire a large number of foreign workers to operate its economy Their own economic foundation One of the most common jobs for Vietnamese people here is construction work Coes continuously builds large-scale projects such as oil plants industrial zones roads and new cities requiring many skilled workers like construction laborers welders machinists equipment installers or construction site workers These jobs are typically performed according to After working for a few years many companies provide housing for their employees Beyond construction some Vietnamese people also wor oil and gas projects and industrial plants This is Coes's most important sector Because the country's economy relies heavily on oil Skilled workers are often recruited to work on projects related to oil refineries pipelines and energy infrastructure Additionally some Vietnamese individuals work in various trades Services such as restaurants hotels retail stores shopping malls and tourist attractions in Coes also have significant demand Regarding overseas labor this is also a field attracting Vietnamese workers with incomes certainly higher than those available domestically Working in the same profession domestically Many jobs offer competitive salaries so Vietnamese people also come here to work In short the Vietnamese community in Coes mainly to work and labor in construction oil and gas mechanical engineering and services the community is not large yet still contributed to the development projects of infrastructure and energy sectors in this oil-rich Middle Eastern nation As for Coes directly affecting Vietnam because they supply oil to Vietnam—specifically we import their crude oil thereby We refine it into gasoline then into oil powering vehicles on the roads Thank you for following this story If you find it interesting feel free to click the Subscribe to the channel turn on notifications and share But for now please don't say goodbye