Summary
In Vietnam, gig workers are struggling with rising fuel costs due to disruptions in oil supplies caused by the US-Israel conflict with Iran. Vietnam usually gets most of its crude oil from Kuwait, but supply issues have led to increased fuel prices, affecting the livelihoods of e-hailing drivers and others who rely on affordable fuel.
Key Facts
- Many gig workers in Vietnam are spending a large part of their earnings on fuel.
- Vietnam's crude oil supply from Kuwait has decreased because of disruptions related to the Iran conflict.
- Fuel prices have significantly increased, with diesel prices more than doubling.
- The Vietnamese government has temporarily suspended an environmental tax on fuel to help reduce prices.
- Public transport is under strain, and airlines have reduced flights due to increased costs.
- Gig workers are particularly affected because of their high fuel use and lack of labor protections.
- Companies, like bus operators, are also facing financial challenges due to higher diesel costs.