Since the Vietnamese Government and Italian contractor AGIP signed the first production sharing contract in 1978, foreign direct investment (FDI) in the oil and gas sector has not only brought large revenue to the country but also laid important foundations for the sector to develop strongly.
Vietnam will create the best conditions for Russian firms to operate or expand their operation in Vietnam, General Secretary of Communist Party of Vietnam Central Committee Nguyen Phu Trong stated on September 7.
General Secretary of the Communist Party of Vietnam (CPV)’s Central Committee Nguyen Phu Trong and Russian President Vladimir Putin witnessed the signing of many cooperation agreements on September 6, within the framework of the former’s ongoing visit to Russia.
Chairman of the Member Council of the Vietnam Oil and Gas Group (PetroVietnam) Tran Sy Thanh and Chairman of the Management Committee of Russian gas group Gazprom Alexey Miller discussed a broad array of future cooperation fields at their recent working session in Moscow.
Nguyen Trong Tuan and Pham Nguyen Quoc Trung, 12, are representing Vietnam at the sixth Gazprom Football for Friendship International Programme in Moscow, Russia, on June 11.
Chairman of the Communist Party of Vietnam Central Committee’s Commission for Economic Affairs Nguyen Van Binh delivered a speech at the opening of the 22nd International Economic Forum in St. Petersburg (SPIEF–2018), Russia on May 24.
The exchange value of gas and condensate of the Bien Dong 1 project carried by the Bien Dong Petroleum Operating Company (Bien Dong POC) hit 511 million USD in 2017, a rise of eight percent compared to the yearly plan.
The multi-billion-dollar Dung Quat oil refinery upgrade and expansion project is being implemented slowly and its operator has repeatedly asked the Vietnamese Government for support and incentives.
Vietnam and Russia issued a joint statement on the occasion of President Tran Dai Quang’s official visit to Russia from June 28-July 1.
Investment firm Sovico Holdings is in talks with the Binh Son Refining and Petrochemical Company (BSR Co Ltd) on exploiting opportunities arising out of the latter’s equitisation process.
Russia’s VietGazprom is planning to invest in a gas-to-power project in the central province of Quang Tri.
President of Russia Vladimir Putin has granted an interview to Sputnik news agency and radio and IANS News Agency on Russia-India relations.
The outcomes of Prime Minister Nguyen Xuan Phuc’s official visit to Russia from May 16-18 are believed to create a new momentum for the comprehensive strategic partnership between Vietnam and Russia .
Prime Minister Nguyen Xuan Phuc left Moscow on the afternoon of May 19 for Sochi to attend the Commemorate Summit to mark the 20th anniversary of the ASEAN-Russia dialogue relations.
Cooperation between Russia and the Association of Southeast Asian Nations (ASEAN) will help maintain peace and stability in the Asia-Pacific region, said Vietnamese Ambassador to Russia Nguyen Thanh S
Vietnam and Russia should step up their legislative ties through the exchange of information and experience in law-making and supervision activities.
Prime Minister Nguyen Xuan Phuc on May 17 called at Zarubezhneft – one of Russia’s leading oil and gas groups during his ongoing Russia visit from May 16-20.
Russian Ambassador to Vietnam Konstantin Vnukov has hoped that Prime Minister Nguyen Xuan Phuc’s visit to Russia from May 16-18 will promote Vietnam-Russia bonds in trade and investment.
