2022 marks the first year the revised Law on Environmental Protection (LEP) 2020 came into effect, and also the first year Vietnam has lots of drastic actions to realise its commitments to bring net emissions to zero at COP26.
The assistance will support Vietnam’s efforts to achieve net-zero greenhouse gas emissions, and expand high-tech manufacturing industries.
Korea Gas Corporation (KOGAS) and Energy Capital Vietnam (ECV) have agreed on a framework for the development of a privately-funded liquefied natural gas (LNG) regasification terminal, storage and gas supply system in Vietnam.
Local multi-business group T&T and its American partner Gen X Energy have tabled an ambitious plan to develop the energy project in Ba Ria - Vung Tau province.
The changing macroeconomic and sectoral context in Vietnam requires a new approach to financing electricity and gas investments, according to the World Bank Group.
The U.S. Trade and Development Agency has announced its intention to support Vietnam Electricity Corporation to develop a liquefied natural gas terminal in the southern part of the country.
National Oil and Gas Group (PetroVietnam) has sold the remaining 29 per cent stake in Long Son Petrochemicals project to Thailand-based Siam Cement Group at price of VND2,052 billion or equivalent to $90.3 million.
Nghi Son refinery, Vietnam’s second oil refinery, is ready for commercial start-up from February 28, according to the latest announcement released by the Vietnam National Oil and Gas Group (PetroVietnam).
The Dinh Vu Port Petrol Station with the total investment of over US$1 million is expected to locate in Dong Hai 2 Ward, Hai An District, Hai Phong.
After over seven years, Cam Ranh Golf Course and Ecological Villa project is still on paper.
The equitization plan of three subsidiaries of Vietnam Oil and Gas Group (PetroVietnam), namely Binh Son Refining and Petrochemical Company Limited (BSR), PetroVietnam Oil Corporation (PVOil) and Electricity Corporation Vietnam Petroleum (PV Power), has been approved.
Spanish-based energy company Repsol (Repsol), which has mineral rights to seven oil blocks on the continental shelf of Vietnam, is looking to expand its investment in oil and gas industry in Vietnam.
Viettel tops the list while Samsung Electronics Vietnam and Vietnam National Oil and Gas Group (PetroVietnam) rank second and third, respectively, according to the list of 500 most profitable companies in Vietnam in 2017, briefly called Profit500 list just announced.
Japan’s Idemitsu Q8 Petroleum LLC has officially launched its first gas station inside Hanoi-based Thang Long Industrial Park, paving way for an inflow of other foreign investors in this profitable sector for the time being.
