oil

Quang Ninh Customs seizes 2,000 lites of undocumented oil

10:50 | 10/08/2021 Anti-Smuggling

VCN – On August 3, the local government issued Decision 362 imposing a fine of VND17 million on D.X.T for trading in goods of unknown origin; and seized all the infringing goods.

Petrol smuggling at sea still a problem

14:39 | 30/04/2021 Anti-Smuggling

VCN - Despite the impact of the Covid-19 pandemic, petrol smuggling in the southwest coast and Kien Giang province in particular is still a problem, said the Vietnam Coast Guard.

Oil and gas enterprises "upstream" to overcome double crisis

09:27 | 23/12/2020 Import-Export

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.

Regulations on controlling number of key traders of petrol and oil trading must be issued

15:43 | 20/11/2020 Regulations

VCN - Commenting on the draft decree amending and supplementing Decree No. 83/2014/ND-CP on petrol and oil trading, which is being consulted by the Ministry of Industry and Trade, the Ministry of Finance agrees with many proposals of the drafting agency.

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

10:38 | 20/10/2020 Customs

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

Video: Prosecute illegal transportation of 180 m3 of smuggled oil

12:51 | 07/05/2020 Anti-Smuggling

On March 30, the Southern Customs Marine Enforcement Fleet (Fleet 3 under the Anti-Smuggling and Investigation Department of the GDVC) inspected a boat transporting oil in the Vung Tau Sea area.

Economy to get benefit from controlling CPI when oil prices fall

11:16 | 30/04/2020 Import-Export

VCN - Regarding the impact of the record drop of crude oil prices, GSO experts said that when the oil price drops deeply, the economy will be beneficial in controlling CPI, making inflation of the economy possibly lower than the target set by 4% of the Na

Reduce impact of oil price on the State revenue

10:30 | 31/03/2020 Finance

VCN- The Covid -19 pandemic caused a sharp drop in demand for crude oil. The price of crude oil on the world market was US$50/ barrel at the end of February and around $24/ barrel in the second half of March.

Oil and gas manufacturing affirms stuff in integration

17:39 | 24/01/2020 Import-Export

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

Serious energy shortage despite running oil-fired power

13:50 | 17/11/2019 Import-Export

VCN- The National Steering Committee on electricity development has just released a report on the implementation of projects in the National Electricity Development Plan (Electricity Planning VII), adjusted to the third quarter of 2019.

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

19:59 | 19/08/2019 Headlines

“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

Vietnam exports nearly 720,000 tonnes of crude oil in two months

19:14 | 15/03/2019 Import-Export

Vietnam shipped 719,259 tonnes of crude oil abroad for 337.3 million USD in the first two months of 2019, up 7.1 percent in volume but down 7.9 percent in value compared to the same period last year.

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

17:50 | 25/12/2018 Headlines

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

15:54 | 18/12/2018 Import-Export

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

Customs strengthen anti-smuggling of mazut oil in the northern border

13:19 | 17/10/2018 Anti-Smuggling

VCN- At the same time, closely chairing and coordinating with competent agencies such as Police, Border Guard, Market Management in the area to exchange and supply information, patrol, control promptly and effectively to prevent and fight against smuggli