The Thi Vai liquefied natural gas (LNG) warehouse and terminal complex, the first of its kind in Vietnam, of the Petrovietnam Gas Joint Stock Corporation (PV GAS), has passed a series of technical tests and is now ready to be put into commercial operation.
National Assembly Vice Chairman Nguyen Duc Hai, head of the NA Standing Committee’s Supervisory Delegation on the enforcement of energy development policies and laws during the 2016-2021 period, attended a seminar on Vietnamese electricity pricing policies and market held in Hanoi on July 18.
The ongoing severe drought has lowered water levels at hydropower reservoirs in the north to below what is known as the "dead level", forcing a halt to the operation of a series of turbines that results in the power shortage in the region.
In the first months of this year, Hanoi has focused on removing difficulties to and facilitating industrial production, export-import, public investment, and foreign investment attraction, according to a local official.
Industrial activities have continued bearing the brunt of the COVID-19 pandemic, resulting in mere growth rates of 1.8 percent month on month and 2.2 percent year on year in the July index of industrial production (IIP) - the slowest pace in seven months.
According to the General Statistic Office, in the first 5 months of this year, the industrial production index of Vietnam increased over the same period in 2020 despite the complicated developments of the COVID-19 pandemic.
Foreign investors had poured 28.53 billion USD into the Vietnamese market as of December 20, equivalent to 75 percent of the amount in the same period last year, according to the Ministry of Planning and Investment.
The Vietnam Oil and Gas Group (PetroVietnam) reported total revenue of 283.5 trillion VND (12.2 billion USD) in the first half of this year, contributing 32 trillion VND to the State budget.
Vietnam’s index of industrial production (IIP) in May rose by 11.2 percent over the previous month but decreased by 3.1 percent year on year, according to the General Statistics Office (GSO).
The Vietnam Oil and Gas Group (PetroVietnam)’s exploited crude oil output in the first four months of 2020 reached 7.2 million tonnes of oil equivalent, exceeding its set target by 7.7 percent, despite difficulties caused by the COVID-19 pandemic and a sharp decrease in oil prices.
The Index of Industrial Production (IIP) in the first four months of 2020 grew by about 1.8 percent year on year, the slowest pace in many years, due to COVID-19, according to the General Statistics Office (GSO).
The Vietnam Business Forum will roll out next week the second edition of the Made in Vietnam Energy Plan (MVEP 2.0), a business case for the primary use of Vietnam’s domestic resources to stimulate investment in clean, secure and affordable energy generation.
The Smart Grid Week Vietnam 2019 has been underway in Hanoi since December 2, featuring a series of conferences and workshops for government officials, national and international professionals.
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).
Vietnam’s index of industrial production (IIP) recorded a year-on-year rise of 9.13 percent in the first six months of this year, according to the General Statistics Office (GSO)’s latest report.
A project is being implemented in Vietnam to improve the eco-friendliness of the local textile-apparel industry, which is a big foreign currency earner of the country but also has considerable impact on the environment.
The national industrial production index (IIP) saw a year-on-year increase of 9.2 percent in the first quarter of this year, according to the General Statistics Office (GSO).
The PetroVietnam Gas Corporation (PV Gas) will be a supplier of liquefied natural gas (LNG) for the Nhon Trach 3 and 4 power plants under a framework agreement between the firm with the PetroVietnam Power Corporation (PV Power).
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