First shipment of liquefied natural gas imported into Vietnam ​

First shipment of liquefied natural gas imported into Vietnam ​

Greek-flagged Maran Gas Achilles transported nearly 70,000 tonnes of liquefied natural gas (LNG) to the Thi Vai LNG terminal in Cai Mep Industrial Park in Tan Phuoc ward, Phu My town, southern Ba Ria – Vung Tau province, on July 10.
Reform needed to support oil and gas industry: experts

Reform needed to support oil and gas industry: experts

Experts have raised strong support for a comprehensive reform for the draft revised Petroleum Law that will help further develop the country’s oil and gas industry.
Modern oil and gas regulations needed: MoIT

Modern oil and gas regulations needed: MoIT

It's high time Việt Nam establishes modern oil and gas laws and regulations to strengthen the State's management of these key resources, attract investors and improve the country's investment environment, Minister of Industry and Trade Nguyễn Hồng Diên told National Assembly deputies on Friday in Hà Nội.
Oil and gas enterprises "upstream" to overcome double crisis

Oil and gas enterprises "upstream" to overcome double crisis

VCN - In 2020, the double crisis of the Covid-19 pandemic and the deep fall in oil prices has seriously affected production and business activities of oil and gas enterprises.
Jurisdiction to impose penalties of customs agency in the field of oil, petroleum and gas clarified

Jurisdiction to impose penalties of customs agency in the field of oil, petroleum and gas clarified

VCN - Compared with the previous regulations in Decree 99/2020 / ND-CP on the administrative penaltieS in the oil and gas sector, petroleum and gas trading (hereinafter referred to as Decree 99) recently issued by the Government, the Customs jurisdiction
Industrial production still faces many challenges

Industrial production still faces many challenges

VCN- According to Mr. Le Tien Truong, General Director of Vietnam Textile and Garment Group (Vinatex), thetextile industry can't export, so products fill up the warehouses.
Oil and gas manufacturing affirms stuff in integration

Oil and gas manufacturing affirms stuff in integration

At a recent symposium on measures to boost the development of Vietnam’s mechanic sectors, Prime Minister Nguyen Xuan Phuc stressed that the Government will establish a market for mechanic firms to develop, including facilitating the sector to seek for dom
Despite high prices, we need to take into account gas-fired power

Despite high prices, we need to take into account gas-fired power

VCN- According to the Department of Electricity and Renewable Energy (Ministry of Industry and Trade),currently, Vietnam has 7,200 MW of gas-fired power, accounting for about 16% of the total system capacity.
The first smuggling case of N20 is prosecuted by Customs

The first smuggling case of N20 is prosecuted by Customs

VCN-Talking to Customs News reporter, the leader of the Customs Enforcement Team (Hai Phong Customs Department) said recently, some people used N2O to pump balloons, young people called funkyball to snuff for unhealthy entertainment.
Russian scholar: unstoppable Vietnam-Russia oil and gas cooperation for mutual benefit

Russian scholar: unstoppable Vietnam-Russia oil and gas cooperation for mutual benefit

“Russian Spring” web page has a commentary by scholar Elena Niculina, Far East Institute of the Russian Academy of Sciences entitled “Rosneft and Gazprom on their active exploration in Vietnam” analyzing bilateral cooperation in oil and gas exploration an
Oil and gas cooperation remains an important pillar in Vietnam-Russia ties

Oil and gas cooperation remains an important pillar in Vietnam-Russia ties

Prime Minister Nguyen Xuan Phuc has affirmed Vietnam’s support and its willingness to offer optimal conditions for Russian oil and gas enterprises to operate effectively in Vietnam while receiving Chairman of the State Duma of the Federal Assembly of the
Petroleum industry faces four major challenges

Petroleum industry faces four major challenges

VCN- This is one of the assessments of the Standing Vice President of Vietnam Journalists Association Ho Quang Loi at the seminar "Vietnam Oil and Gas in development together with the country" held by the Vietnam Oil and Gas Group (PVN) in collaboration
The majority of respondents agreed to increase the environmental tax on petroleum

The majority of respondents agreed to increase the environmental tax on petroleum

VCN- The Ministry of Finance has issued a formal report explaining and accepting opinions of ministries, branches, localities.
What does the Ministry of Finance say about the increase of the environmental tax on oil and gas?

What does the Ministry of Finance say about the increase of the environmental tax on oil and gas?

VCN- Regarding the proposal of the Ministry of Finance to increase the environmental protection tax (EPT) on many commodities, including petroleum, Mr. Pham Dinh Thi - Director of Tax Policy Department, Ministry of Finance has given specific explanations.
MoIT’s new decision benefits gas producers

MoIT’s new decision benefits gas producers

Gas and oil power plants are expected to benefit from the new decision of the Ministry of Industry and Trade MoIT that has suspended the operation of the competitive electricity generation market
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