Vietnamplus

The Vietnam National Oil and Gas Group (PetroVietnam) has set forth a number of measures for the 2020-2025 period so that major targets are achieved.

Despite internal and external challenges over the last five years, the Vietnam Oil and Gas Group (PetroVietnam) has managed to post upbeat results thanks to the leadership of its Party Committee.

An international workshop on Improved Oil Recovery (IOR) and Enhanced Oil Recovery (EOR) technologies will take place in Hanoi on September 28 and 29.

Deputy Prime Minister Trinh Dinh Dung chaired a conference in Hanoi on January 6 to review 2019 activities of the Vietnam Oil and Gas Group (PetroVietnam) and launch its 2020 tasks.

Vietnamese Prime Minister Nguyen Xuan Phuc held a phone talk with his Russian counterpart Dmitry Medvedev on December 24. ​

The Russian Government always supports its businesses in increasing cooperation with Vietnam, especially in the fields of oil and gas and energy, according to Russian Deputy Prime Minister Dmitry Kozak.

Vietnam always treasures the comprehensive strategic partnership with Russia and supports the country in enhancing its role and position in Asia-Pacific, Deputy Prime Minister Truong Hoa Binh has said.

Vietnam and Russia agreed on many measures to promote their bilateral relations during the 22nd session of the Inter-governmental Committee for Economic-Commercial and Scientific-Technological Cooperation in Hanoi on October 29.

By now, the PVN has built a modern oil and gas manufacturing industry able to effectively meet the needs for exploration and exploitation in replacement of the products it previously had to import.

The Vietnam Oil and Gas Group (PetroVietnam) has become the most profitable corporation in the country, with 50.6 trillion VND in pre-tax profit in 2018, up 7.5 percent year-on-year.

Deputy Prime Minister Trinh Dinh Dung highly evaluated proposals of cooperation in exploring and exploiting oil and gas made by President and CEO of the JX Nippon Oil & Gas Exploration Corp (JX NOEX) Hiroshi Hosoi during their meeting in Hanoi on August 21.

Vietnamese Prime Minister Nguyen Xuan Phuc and his Russian counterpart Dmitry Medvedev discussed measures to enhance the two countries’ cooperation during talks in Moscow on May 22.

Prime Minister Nguyen Xuan Phuc highlighted cooperation opportunities for Vietnam and Russia to boost trade and investment ties at a reception in Hanoi on December 24 for Chairman of the State Duma of the Federal Assembly of the Russian Federation Vyacheslav Viktorovich Volodin.

Following Vietnam’s ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), many Latin American countries have arrived in Vietnam to seek business opportunities.

The Latin America is a promising market for Vietnamese firms, as heard the Vietnam – Latin America trade and investment forum held in Ho Chi Minh City on November 13.

Deputy Prime Minister and Foreign Minister Pham Binh Minh on September 12 met with Timor-Leste’s Minister of Foreign Affairs and Cooperation Dionisio Babo Soares on the sidelines of the World Economic Forum on ASEAN (WEF ASEAN) 2018 in Hanoi.

Indonesian President Joko Widodo and his spouse will pay a state-level visit to Vietnam from September 11-12 on the occasion of his attending the World Economic Forum on ASEAN. This is his first official visit to Vietnam since his assumption of the presidency in 2014.

President Tran Dai Quang told Speaker of the Congress of the Federated States of Micronesia Wesley Simina that Vietnam is willing to share experience with Micronesia in rice farming and aquaculture, which are Vietnam’s strengths.

The visit to Vietnam from April 19-20 by Myanmar State Counsellor Aung San Suu Kyi is expected to strengthen bilateral ties and tighten the Vietnam-Myanmar comprehensive cooperative partnership.

The State visit to Cuba by Party General Secretary Nguyen Phu Trong from March 28-30 aims to consolidate mutual political trust and step up bilateral cooperation.