Petrovietnam facilitates production, trading of gas products Business

Petrovietnam facilitates production, trading of gas products

The Vietnam Oil and Gas Group (Petrovietnam) is taking measures to create favourable conditions for production and trading of gas products in the remaining months of 2022, given negative impacts of the world energy crisis on the consumption demand for liquefied petroleum gas (LPG), and liquefied natural gas (LNG).
Indonesia looks to end LPG import by 2027 World

Indonesia looks to end LPG import by 2027

Indonesia’s oil and gas group Pertamina is considering the adjustment of its strategy to carry out several projects to ease reliance on imported liquefied petroleum gas by 2027.
Vietnam’s FDI inflow up in ten months Business

Vietnam’s FDI inflow up in ten months

The Foreign Investment Agency reported that total newly-registered and adjusted capital, and shares purchased by foreign investors reached 29.11 billion USD in the first ten months of this year.
Thailand prepares to cope with global oil price hike World

Thailand prepares to cope with global oil price hike

The Energy Ministry of Thailand is planning to use 1.5 billion baht (about 49 million USD) from the state Oil Fund to support local oil prices, expected to rise one baht per litre in the short term after drones struck Saudi Arabia’s oil facilities on September 14.
Industrial production expands 10.9 percent in seven months Business

Industrial production expands 10.9 percent in seven months

Vietnam saw strong growth in its industrial production index (IIP) in the first seven months of 2018 thanks to the expansion of many major economic sectors, especially processing and manufacturing, which recorded the highest expansion in the recent seven years.
Thailand to cap diesel price at 30 THB World

Thailand to cap diesel price at 30 THB

Thai Energy Minister Siri Jirapongphan has said his government will keep the diesel price at no higher than 30 THB per liter in a bid to keep transportation costs low.
Industrial production index rises 15.2 percent in Jan-Feb Business

Industrial production index rises 15.2 percent in Jan-Feb

The country’s industrial production index (IPI) in the first two months of 2018 expanded by 15.2 percent year-on-year, much higher than the growth of 2.4 percent recorded in the same period last year, reported the General Statistics Office (GSO).
Vietnam seeks cooperation with Western Australia: NA Chairwoman Politics

Vietnam seeks cooperation with Western Australia: NA Chairwoman

National Assembly Chairwoman Nguyen Thi Kim Ngan met with leaders from Western Australia to seek cooperation opportunities in various fields of mutual interests such as mining, renewable energy, liquefied petroleum gas, education-training, tourism, seaport and agriculture.