Wednesday, June 26, 2019 - 9:31:01

Vietsovpetro

PM’s Russia visit to deepen all-round cooperation

Politics

PM’s Russia visit to deepen all-round cooperation

Prime Minister Nguyen Xuan Phuc’s official visit to Russia from May 20-23 demonstrates that Vietnam treasures the traditional friendship and comprehensive strategic partnership with Russia, and wishes to strengthen the all-round cooperation, especially in economy, trade and investment.

Trial of ex-leaders of Vietsovpetro begins

Society

Trial of ex-leaders of Vietsovpetro begins

The Hanoi People’s Court opened a trial on March 21 for two ex-leaders of the Vietnam-Russia oil and gas joint venture Vietsovpetro on the charge of “abusing position and power to appropriate assets.”

Russian PM’s Vietnam visit promotes result-oriented cooperation

Politics

Russian PM’s Vietnam visit promotes result-oriented cooperation

Prime Minister of Russia D.A.Medvedev’s official visit to Vietnam from November 18-19 looks to continue stepping up ties across politics, economy, trade, national defence-security, science-technology, education-training, culture, tourism, and locality-to-locality exchange between the two countries.

FDI lays foundation for acceleration of oil and gas sector

Business

FDI lays foundation for acceleration of oil and gas sector

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.

Vietsovpetro taps 230 million tonnes of oil

Business

Vietsovpetro taps 230 million tonnes of oil

The Vietnam-Russia Oil and Gas Joint Venture Vietsovpetro has pumped up more than 230 million tonnes of crude oil and provided 34 billion cubic metres of associated gas since its exploitation of the first tonnes of the resource in Vietnam in June 1986.

Vietnam, Russia oil and gas firms step up cooperation

Business

Vietnam, Russia oil and gas firms step up cooperation

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.