The Ministry of Public Security’s Investigation Agency on September 26 detained and launched legal proceedings against chief accountant of the Vietnam National Oil and Gas Group Le Dinh Mau.
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.
Prime Minister Nguyen Xuan Phuc said he will instruct competent Vietnamese agencies to coordinate with their Egyptian counterparts to accelerate the implementation of commitments reached by the two countries’ leaders, thus soon bringing the bilateral trade to 1 billion USD.
The Investigation Police Agency issued a decision launching criminal proceedings against the suspected deliberately violation of State regulations causing serious consequences at the PetroVietnam.
The Government of Vietnam will create favourable conditions for the US oil and gas group ExxonMobil to successfully implement cooperation programmes and projects in Vietnam.
The Dinh Vu Polyester Fibre Plant is scheduled to restart production soon after a prolonged suspension of operations.
The Vietnam National Oil and Gas Group (PetroVietnam) produced 9.23 million tonnes of oil in the first seven months of 2017, the group reported to Prime Minister Nguyen Xuan Phuc in Hanoi on August 5.
Trinh Xuan Thanh, former Chairman of the PetroVietnam Construction Corporation (PVC), gave himself up to the Investigation Security Agency after nearly one year of evading international arrest warrant
The Vietnam National Oil and Gas Group (PVN) has exported 355 million tonnes of crude oil, worth 145 billion USD, since the shipment of its first barrel from Bach Ho field in April 1987.
The Government has assigned the Ministry of Industry and Trade (MoIT) to build a development roadmap for a competitive coal market as there are new coal suppliers.
The State will divest its capital in the Saigon Beer, Alcohol and Beverage Corporation (Sabeco) and the Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) through open tenders.
The Vietnam National Oil and Gas Group (PetroVietnam or PVN) is striving to fulfil the target of exploiting 13.28 million tonnes of crude oil and 10.61 billion cu. m of gas in 2017, PVN Deputy Director Do Chi Thanh said at a conference in Hanoi on July 13.
The Vietnam National Oil and Gas Group (PetroVietnam) has decided to form teams to handle its loss-making projects since the snail-pace progress of the process has displeased the Government.
Deputy Prime Minister Vuong Dinh Hue has ordered responsible ministries and enterprises to resolutely handle prolonged loss-making projects in line with market mechanisms while reaffirming that the State would not pump money into inefficient projects.
The government’s goal to extract an additional 1 million tonnes of crude oil by the year’s end to meet its economic growth target is very challenging.
President Tran Dai Quang left Moscow for Saint Petersburg city on June 30, continuing activities within the framework of his official visit to Russia.
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.
Vietnam will replace RON 92 petrol with E5 bio-fuel from the beginning of next year.
