Vietnam seeks US investment in renewable energy Business

Vietnam seeks US investment in renewable energy

Energy is among potential fields for investment cooperation between Vietnamese and US firms, with Prime Minister Pham Minh Chinh announcing that Vietnam gives high priority to sustainable energy development to maintain national energy security and reduce greenhouse gas emissions, according to Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong. ​
Clean energy development helps Vietnam reduce dependence on imports: official Business

Clean energy development helps Vietnam reduce dependence on imports: official

The increasing proportion of clean energy such as solar and wind power in recent years has helped Vietnam diversify energy sources and reduce its dependence on imported energy, thus enhancing its national energy security, said Director of the Ministry of Industry and Trade’s Department of Electricity and Renewable Energy Hoang Tien Dung.
PetroVietnam plans to embark on hydrogen industry Business

PetroVietnam plans to embark on hydrogen industry

With the goal of helping to guarantee national energy security and in response to a downward trend in oil and gas extraction output, the Vietnam Oil and Gas Group (PetroVietnam) has identified the research and assessment of its opportunities in developing the hydrogen industry, including producing “green” hydrogen and exploring natural hydrogen sources, as a crucial task.
EPC contract signed for power plant in Quang Binh Business

EPC contract signed for power plant in Quang Binh

A contract on a bidding package worth 30 trillion VND (nearly 1.29 billion USD) on engineering, procurement and construction (EPC) of the Quang Trach 1 thermal power plant in the central province of Quang Binh was signed in Hanoi on June 17.
PetroVietnam’s sci-tech development: Turning the impossible into the possible Business

PetroVietnam’s sci-tech development: Turning the impossible into the possible

Mastering technology and constantly creating innovations are the ongoing aims of scientific and technological development and application projects conducted by the Vietnam Oil and Gas Group (PetroVietnam). The success of such projects has generated trillions of VND for Vietnam, ensuring the profitability of oil and gas fields and plants and helping many localities improve people’s living standards.
Greater efforts asked for ensuring national energy security Business

Greater efforts asked for ensuring national energy security

The Ministry of Industry and Trade has asked for stronger efforts to ensure national energy security, prioritise rapid and sustainable energy development in connection with protecting ecological environment, and ensuring national defence and security.
NA to address policy obstacles facing oil & gas sector Business

NA to address policy obstacles facing oil & gas sector

National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan had a working session with the Vietnam National Oil and Gas Group (PetroVietnam) in Hanoi on January 17, promising to handle difficulties in terms of policies and laws facing this sector.