PM hopes for increased Vietnam-Russia oil, gas cooperation

Prime Minister Pham Minh Chinh hosted a reception in Hanoi on April 8 for Sergey Ivanovich Kudryashov, General Director of Russia’s Zarubezhneft JSC, who is on a working visit to Vietnam to seek cooperation opportunities in oil and gas and energy.
PM hopes for increased Vietnam-Russia oil, gas cooperation ảnh 1Prime Minister Pham Minh Chinh (R) receives Sergey Ivanovich Kudryashov, General Director of Russia’s Zarubezhneft JSC (Photo: VNA)
Hanoi (VNA) – Prime Minister Pham Minh Chinh hosted a reception inHanoi on April 8 for Sergey Ivanovich Kudryashov, General Director of Russia’s ZarubezhneftJSC, who is on a working visit to Vietnam to seek cooperation opportunities inoil and gas and energy.

Kudryashov told the hostthat the over-40-year cooperation between Zarubezhneft and the Vietnam Oil andGas Group (Petrovietnam) through the Vietsovpetro and Rusvietpetro joint ventureshas achieved successes in geological exploration, and oil and gas exploitation,thus creating jobs and contributing to each country's budget.

He asked the Vietnamese Governmentleader direct the settlement of difficulties and obstacles in collaborationprojects.

The Russian side wants to continuepromoting cooperation with Vietnam in all fields, especially economics, trade,and investment, including oil and gas, he stated, adding that Zarubezhneft hopesto expand collaboration with Vietnam to other fields, including offshore windpower development in the Southeast Asian nation.

PM hopes for increased Vietnam-Russia oil, gas cooperation ảnh 2An overview of the meeting (Photo: VNA)
Expressing his support for speeding up the settlement of difficulties andproblems in cooperation projects, Chinh said that Vietnam always backs andcreates conditions to promote oil and gas collaboration between the twocountries, based on the principle of "harmonious benefits, shared risks".

He requested ministries and sectors toreview the implementation of cooperation agreements signed by the two countries’ seniorleaders, including in the oil and gas sector, and include it in the agenda of the upcomingVietnam-Russia Intergovernmental Committee meeting.

The leader showed his hope that the Russianside will handle existing problems in oil and gas cooperation, and createconditions for Pertrovietnam to expand its investment in Russia. He requestedZarubezhneft and Petrovietnam to establish a working group to speed up thesettlement of problems, and research and propose appropriate collaborationcontents./.
VNA

See more

Clams are processed for export at the factory of Thanh Hoa Seafood Import-Export JSC in Thanh Hoa province. (Photo: VNA)

Vietnam steps up export to achieve 550-billion-USD target

Against a backdrop of persistent uncertainty in global commerce, the Government is implementing a broad range of measures to strengthen export growth during the remainder of the year. These include expanding overseas markets through economic diplomacy, maximising the benefits of free trade agreements (FTAs), streamlining administrative procedures, reducing logistics costs, improving access to credit and helping businesses overcome trade barriers. Authorities are also encouraging deeper processing, official cross-border exports and greater market diversification to improve the competitiveness of Vietnamese products.

A hydroponic vegetable garden in Nguyet Hoa ward operated by Green Farm Co., Ltd. (Photo: VNA)

Incentive policies for high-tech agricultural zones

Under Decree No. 263/2026/ND-CP, qualified projects are given priority to participate in State support programmes as well as funds and policies on research and development, technological innovation, technology transfer, human resource training, investment promotion and trade promotion.

Wind turbines stand fully installed at a wind power project in Gia Lai province. (Photo: VNA)

Gia Lai approves 56-million-USD wind power project

The 42MW wind farm is expected to generate about 123,780.8 MWh of electricity each year. Power generated will be transmitted to the national grid via the 220kV Pleiku 2–Krong Buk transmission line.

Garments for export to the Japanese market are produced at Hung Viet Garment Company in Hung Yen province. (Photo: VNA)

Vietnam’s garment sector pivots towards value-added growth

Future growth can no longer rely on expanding production capacity alone. Meeting this year's 48 billion USD export target will require greater productivity, higher value addition, stronger domestic sourcing, broader market diversification, and faster digital and green transformation.

Trucks carrying goods wait for customs clearance at the Thanh Thuy International Border Gate in Tuyen Quang province. (Photo: VNA)

Border economy strengthens Tuyen Quang’s growth momentum

While the stronger performance provides momentum for the province's 2026 growth target of 10.17%, officials say the focus must now shift from increasing cargo volumes to expanding services, reducing costs and retaining more value locally.

Construction of several key components of Long Thanh International Airport is entering its final stages. (Photo: VNA)

Major works at Long Thanh International Airport gather pace towards completion

The ACV said on July 20 that contractors are deploying additional workers and equipment to speed up construction under Component Project 3, which covers the airport's essential aviation infrastructure. Major facilities, including the first and second runways, taxiways, aircraft aprons, the passenger terminal apron and the aircraft fuel supply system, are approaching completion.

The VinFast Evo electric motorcycle on display at the event. (Photo courtesy of VinFast)

VinFast marks new step in expansion strategy in Southeast Asia

The Evo is priced at 17.5 million IDR (about 973.90 USD) in Jakarta and is available in four colour options: black, red, white and olive green. The Feliz II is sold for 18.5 million IDR, while the Viper is priced at 22 million IDR. All prices include a battery subscription package.

Passengers check in at Hanoi's Noi Bai International Airport. (Photo: VNA)

Vietnam records 15.4% growth in international air passengers

CAAV statistics show that international passenger throughput reached 26.2 million as of June 15, 2026. Of the total, Vietnamese airlines transported 9.6 million international passengers, a slight increase of 0.2% year-on-year, accounting for 36.6% of the total international passenger market.