The Deputy PM stressed that the coordination mechanism must follow the principle of decentralisation, only issues that truly require central-level coordination should be retained at the national level, with the rest delegated to localities.
Party General Secretary To Lam’s visit is the highest-level trip by a Vietnamese Party and State leader to Azerbaijan since the establishment of the two countries' diplomatic ties.
The PV Drilling 8 rig, newly acquired in 2024, is slated to commence operations in Vietnam by September, while PV Drilling 6 will return from overseas to serve a contract at Block B – Phu Quoc in mid-2027, positioning the company for stronger revenue growth.
With this new name, Petrovietnam reaffirms that it is no longer solely a traditional oil and gas enterprise. It now positions itself as a national hub for industrial development, service innovation, and energy security, and is committed to sustainable development, technological modernisation, and ensuring energy stability for the nation.
Timor-Leste is on the verge of attaining full membership in the Association of Southeast Asian Nations (ASEAN), said Timor-Leste Ambassador to Malaysia Lisualdo Gaspar.
Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia on December 29 said that the country wants to become a country that is not only independent in oil and gas but also in the renewable energy sector.
Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son on December 6 received Azerbaijani Ambassador to Vietnam Shovgi Kamal Oglu Mehdizade.
Deputy Prime Minister Tran Hong Ha held phone talks with Russian Deputy Prime Minister Dmitry Nikolayevich Chernyshenko on October 22 to seek measures for fostering the two countries' partnerships in various spheres.
The Vietnam Oil and Gas Group (Petrovietnam) enjoyed strong business expansion in the first eight months of this year thanks to the firm’s efforts to seek new solutions for expansion.
To the oil and gas sector and the Vietnam Oil and Gas Group (Petrovietnam), the Fourth Industrial Revolution is a big opportunity and also a considerable challenge. In this inevitable trend, promoting scientific - technological research and application along with digital transformation has become a key solution helping the industry and Petrovietnam surmount challenges, develop sustainably, guarantee national energy security, and contribute to national socio-economic development.
The Party Central Committee’s Economic Commission, the Ministry of Industry and Trade (MoIT), and the Vietnam Oil and Gas Group (Petrovietnam) have held a joint conference to popularise and implement Conclusion No. 76-KL/TW on carrying out the Politburo’s Resolution No. 41-NQ/TW on the strategic orientations to develop Vietnam’s oil and gas sector until 2025 with a vision to 2030 and a number of orientations for the new period.
Vietnam’s exports expanded about 13.8% year-on-year in the first half of this year, and imports rose 18.4%, the Ministry of Industry and Trade (MoIT)’s Planning and Finance Department said at a press conference in Hanoi on June 19.
