New PetroVietnam Chairman named

Prime Minister Nguyen Xuan Phuc has recently decided to appoint Deputy Minister of Industry and Trade Hoang Quoc Vuong as the new Chairman of the Vietnam National Oil and Gas Group (PetroVietnam).
New PetroVietnam Chairman named ảnh 1Deputy Minister of Industry and Trade Hoang Quoc Vuong is elected as the new PetroVietnam Chairman.(Photo: VNA0

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has recently decidedto appoint Deputy Minister of Industry and Trade Hoang Quoc Vuong as the newChairman of the Vietnam National Oil and Gas Group (PetroVietnam).

Vuong will assume the position in replacement of Tran Sy Thanh, who wasassigned to be deputy head of the Office of the National Assembly.

Vuong, born in 1963, graduated from the Russian State Geological ProspectingUniversity (MGRI). Previously, he worked in various positions, including ViceChairman of the People’s Committee of Thai Nguyen province.

He was appointed Deputy Minister of Industry and Trade in 2010, then chairmanof the Member Council of the Electricity of Vietnam. He came back to hold thepost as Deputy Minister of Industry and Trade in 2015, and was in charge ofpower, renewable energy, environment and sustainable development./.
VNA

See more

HCM City is now a regional specialised financial centre (Photo: VNA)

Vietnam should be flexible in selecting financial centre models: expert

Tuan also highlighted the importance of human capital, one of the five important factors to successfully build a financial centre, citing the Global Financial Centres Index, which ranks business environment, human capital, infrastructure, market development, and reputation as the key drivers of success.

Minister of Industry and Trade Nguyen Hong Dien (L) and US Secretary of Energy Chris Wright in Washington D.C. on March 13. (Photo: VOV)

Vietnam, US look to strengthen comprehensive energy cooperation

Vietnam’s consistent policy is to foster a balanced, sustainable, stable, and win-win economic relationship with the US, the minister stated. Vietnam does not intend to create any barriers that could negatively impact the US’s workers or its economic and national security, Minister of Industry and Trade Nguyen Hong Dien said.

Deputy Prime Minister Nguyen Chi Dung speaks at the first meeting of the steering committee for the building of a project on the private economic sector's development in Hanoi on March 15. (Photo: VNA)

Private sector's development key to Vietnam’s economic growth

Currently, the private economic sector comprises over 6.1 million business establishments, including approximately 940,000 registered enterprises and over 5.2 million household businesses. The sector contributes around 50% of the country’s GDP, accounts for over 56% of total social investment, employs approximately 82% of the workforce, and generates around 30% of state budget revenue and more than 30% of total import-export turnover.

Prime Minister Pham Minh Chinh receives Wouter Van Wersch, Executive Vice President of Airbus International. (Photo: VNA)

PM suggests Airbus help Vietnam in developing aviation ecosystem

During a meeting on March 14 with Wouter Van Wersch, Executive Vice President International of Airbus, Prime Minister Pham Minh Chinh praised the aerospace giant’s cooperation with Vietnamese partners, emphasising its role in boosting domestic and international connectivity and driving Vietnam’s socio-economic growth.

The Vietnam Consumer Rights Day 2025 is under the theme "Transparent Information – Responsible Consumption". (Photo: VNA)

Hanoi launches campaign for Consumer Rights Day

The event, organised by the city's Department of Industry and Trade, aimed to promote consumer protection as a long-term, essential task for all levels of government, businesses and society.