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Opinion / 越南
Asean should enhance efficiency of fertiliser application, increase local fertiliser production, and fortify policies on pesticides and seeds.
Will scaling biofuels in Southeast Asia make the region more resilient to oil shocks, or does it introduce new vulnerabilities? Structural risks must be addressed as biofuels take a larger share of the transport fuel mix.
Vietnam has limited room for manoeuvre on the energy front as supply tightens, but is proactively playing the hand it has been dealt.
The Middle East conflict is set to have a double-whammy impact on both Asean’s import of fertilisers, and its energy-intensive fertiliser production. The timing is critical as in the coming months, the five major crops, including rice, are being planted in Asean.
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