Vietnam and the Czech Republic established diplomatic ties in 1950. Since then, the cooperative relationship between the two countries has grown in all aspects.
Amid disruptions to global fuel supply caused by conflict in the Middle East, which have pushed up crude oil prices and affected domestic fuel supply and markets, the Government on March 9, 2026 issued Decree No. 72/2026/ND-CP amending the Most Favoured Nation (MFN) import tariff rates on several petroleum products to help stabilise the domestic market and ensure national energy security.