Annual crude output forecast to drop 5 per cent in decade

Annual crude output forecast to drop 5 per cent in decade

Vietnam’s crude oil production is predicted to continue to fall over the coming years, averaging annual declines of 4 - 5 per cent during the next 10 years as offshore reserves have been depleting and investment in significant new projects slows, accordin
Low crude keeps stocks down

Low crude keeps stocks down

Vietnamese shares yesterday extended losses for a sixth day as lower oil prices kept investors worried about the prospect of energy stocks.
PetroVietnam’s contribution to state budget falls on low oil prices

PetroVietnam’s contribution to state budget falls on low oil prices

The government has told the company to increase production after crude oil prices plummeted 33.4 percent.
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