PetroVietnam upbeat despite falling oil price

The Vietnam National Oil and Gas Group (PetroVietnam) has said that it will continue monitoring global oil prices closely in order to adjust oil exploration and production, ensuring national energy security as well as the group's economic benefits.

Coal industry seeks 15 bln for development by 2020

The coal industry needs investment of about 317.74 trillion VND (15.13 billion USD) to fulfill its development targets between now and 2020, said Nguyen Khac Tho, deputy director of the General Department of Energy.

Vietnam disburses 950 million USD of FDI in October

Vietnam disbursed 950 million USD of FDI in October, higher than the 10-month period average level of 900 million USD per month, according to the Foreign Investment Agency of the Planning and Investment Ministry.

During the month, 39 projects worth 184 million USD were licensed while 57 valid projects registered a combined additional capital of 420 million USD.