Weathering COVID-19 “storm”, DQS seeks new customers Business

Weathering COVID-19 “storm”, DQS seeks new customers

The PetroVietnam Exploration Production Corporation (PVEP) has selected the Dung Quat Shipbuilding Industry Company Ltd (DQS) as the contractor to repair and maintain the FPU Dai Hung-01 oil rig, proving that DQS has gained confidence of its customers.
Bauxite projects contribute to Central Highlands’ development: PM Business

Bauxite projects contribute to Central Highlands’ development: PM

Two pilot bauxite projects in Lam Dong and Dak Nong provinces have significantly contributed to the Central Highlands' development in recent years, which is a premise to consider the expansion of bauxite exploitation and processing in the region, said Prime Minister Nguyen Xuan Phuc at a meeting in Hanoi on April 16.
Cambodia’s economy impacted by record-low oil prices World

Cambodia’s economy impacted by record-low oil prices

A grim report on the world economy by the International Monetary Fund (IMF) announced on April 15 caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand.
PM orders faster public capital disbursement to fuel growth Business

PM orders faster public capital disbursement to fuel growth

Prime Minister Nguyen Xuan Phuc has ordered ministries, sectors and localities to boost the disbursement of public investment capital and consider this as the most important measure to make up for the losses the COVID-19 epidemic causes to economic growth.
Adjustments needed for oil and gas sector to overcome hardships Business

Adjustments needed for oil and gas sector to overcome hardships

Currently, the oil and gas industry is suffering from the double impact of the Covid-19 epidemic and decline in oil prices that greatly affects the production and business plan in particular and the operation of the Vietnam Oil and Gas Group (PetroVietnam or PVN) in general.
Master plan on sustainable development of sea-based economy Business

Master plan on sustainable development of sea-based economy

The Government has issued a resolution promulgating a master plan and a five-year plan on the implementation of the Party Central Committee’s resolution on the sustainable development of the Vietnamese sea-based economy until 2030 with a vision to 2045.