Vietnam always welcomes and wishes to receive investments from Russia, especially in the fields of energy, oil and gas exploitation and refinery, industrial equipment and auto manufacturing, President Tran Dai Quang has said.
Prime Minister Nguyen Xuan Phuc and Brunei Sultan Haji Hassanal Bolkiah agreed to further enhance bilateral partnership in trade, industry, agriculture and tourism at their meeting on April 29.
Vietnam and India should early sign an action programme on implementing the bilateral comprehensive strategic partnership, thus defining orientations for bilateral cooperation in 2017-2020.
The Vietnam National Oil and Gas Group (PetroVietnam) surpassed its business targets by 4-16 percent, especially oil exploitation, in the first three months of the year.
The PetroVietnam Gas Corporation (PV Gas) and the PetroVietnam Exploration Production Corporation (PVEP) inked on February 17 an agreement in principle on cooperation in developing phase II of the Su Tu Trang (White Lion) gas field.
The Ministry of Natural Resources and Environment is drawing up a master plan on the use of Vietnam’s sea until 2035 and an action plan for the 2017-2025 period.
President Tran Dai Quang has assured Azerbaijani Minister of Energy Natig Aga Emi Olgu Aliyev that Vietnam is ready to create favourable conditions for Azerbaijan’s goods to enter the country.
The NA Chairwoman’s visit to India and attendance of the 11th Global Summit of Women Speakers of Parliament helped cement ties with traditional friends while expanding cooperation with new partners.
Prime Minister Nguyen Xuan Phuc has called on Vietnam and the Philippines to tap their potential for trade and investment ties to match with the strategic partnership.
Minister of Industry and Trade Tran Tuan Anh called for more concerted efforts from the Government, localities and businesses to reach the target of 10 percent export growth this year.
Russian President Vladimir Putin has signed a federal law on ratifying the Agreement between the Russian and Vietnamese Governments on cooperation in geological survey and production of oil and gas.
Vietnam and Russia signed an inter-governmental agreement on further geological survey and oil and gas exploitation in Russia at a ceremony in Hanoi on April 20.
Deputy Prime Minister Hoang Trung Hai requested the National Oil and Gas Group (PVN) to continues concentrate on search , exploration and exploitation of oil and gas in 2016, saying that this is a key
Falling oil prices have affected the National Oil and Gas Group (PVN)’s targets on projected revenue and contribution to the State budget, said Do Chi Thanh, Deputy General Director of the group.
The Government has issued Decree No. 95/2015/ND-CP detailing a number of articles stipulated in the Petroleum Law and related laws on ensuring safety in oil and gas exploration and exploitation.
The National Oil and Gas Group (PetroVietnam) earned 428.3 trillion VND (roughly 19.45 billion USD) in the first nine months of this year, fulfilling 60 percent of its yearly target
The industrial production index will continue to grow and is expected to rise around 10 percent this year, as heard at the Ministry of Industry and Trade’s conference on October 5.
Vietnam is willing to pour up to 300 million USD into an oil and gas exploitation project in the Caspian Sea of the Republic of Dagestan within the Russian Federation.