New PetroVietnam Chairman named Business

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).
Vietnam receives positive global exports outlook Business

Vietnam receives positive global exports outlook

Vietnam is expected to continue growing its share of global exports despite decline amid the resurgence in the COVID-19 pandemic after three months of no local transmissions, according to an HSBC report.
Experts: EVFTA looks towards sustainable development Business

Experts: EVFTA looks towards sustainable development

The European Union – Vietnam Free Trade Agreement (EVFTA) not only promotes trade and investment growth between Vietnam and the EU but also creates a driving force to boost cooperation in improving growth quality, towards sustainable development, experts said.
PV Gas picks up sustainable energy award Business

PV Gas picks up sustainable energy award

The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), was among the top 50 Vietnamese firms receiving the 2019 sustainable energy award.
Untie bottlenecks to develop clean energy sources Business

Untie bottlenecks to develop clean energy sources

To promote the development of renewable energy, there should be a prioritised policy mechanism on electricity prices and loan interest rates, according to Dr. Nguyen Manh Hien, President of the Scientific Council at the Vietnam Clean Energy Association.
Vietnam, Hungary step up all-round cooperation Business

Vietnam, Hungary step up all-round cooperation

Vietnam and Hungary have agreed to boost comprehensive collaboration across politics, economy-trade, science-technology, culture, tourism, finance, agriculture, and security-defence to mark the 70th anniversary of bilateral diplomatic relations (February 1950-2020).
Firms advised to better product quality to boost exports to EU Business

Firms advised to better product quality to boost exports to EU

Vietnamese enterprises should improve the quality of their products and meet all the requirements of the European Union to enjoy tariff-related advantages and increase exports to the region, once the recently-signed EU-Vietnam Free Trade Agreement (EVFTA) becomes effective.
Vietnam could face power shortage: ministry Business

Vietnam could face power shortage: ministry

Vietnam could face an electricity shortage of 6.6 billion kWh in 2021 and 11.8 billion kWh in 2022. The shortage could increase to 15 billion kWh in 2023, according to the Ministry of Industry and Trade (MoIT).