Deputy Prime Minister Tran Hong Ha chaired a meeting of the Vietnam-Russia Inter-Governmental Committee on Economic-Trade and Scientific-Technological Cooperation in Hanoi on December 12.
Vietnam always considers Russia one of the top priority partners in its foreign policy, Prime Minister Pham Minh Chinh told Russian Deputy Prime Minister Alexander Novak.
Prime Minister Pham Minh Chinh has assigned relevant ministries and agencies to remove any existing obstacles as soon as possible, thus providing unwavering support for the Vietnam Oil and Gas Group (Petrovietnam) to further develop and ensure national energy security.
The success of the August Revolution in 1945 was the first grand victory of the people under the leadership of the Party, creating a breakthrough in Vietnamese history. Over the 77 years since, Vietnam has recorded major achievements and posted strong development, affirming its position and prestige in the international arena.
Despite the recovery of petrol prices, profits of many businesses in the oil and gas sector dropped in the third quarter of this year due to impacts of the COVID-19 pandemic.
The Vietnam Oil and Gas Group (PetroVietnam) on May 25 donated 30 billion VND (1.3 million USD) to the COVID-19 response fund to join hands with the nation to fight the pandemic.
LILAMA Corporation will strive to complete the construction of Long Son Petrochemical Refinery Plant project in the southern province of Ba Ria-Vung Tau on schedule so that its commercial operation could begin in late 2022.
The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), had fulfilled its target of exploiting 2.2 million tonnes of crude oil and selling 1.15 million cu.m of gas for the whole year as of December 25.
Throughout its 45-year history of operation, the Vietnam Oil and Gas Group (PetroVietnam) has faced numerous difficulties and challenges, but with the trust and support of the Party and State, the group has weathered all storms to fulfill its mission and contribute greatly to national socio-economic development.
The efforts of the Vietnam National Oil and Gas Group (PetroVietnam) over the past 45 years have affirmed that "real gold does not fear the test of fire" and its employees will endeavor to make more contributions to the national development.
The southern coastal province of Ba Ria – Vung Tau has exploited its natural beauty and taken advantages of its oil and gas sector for economic development, turning itself into a sustainably developed region in the Southern Focal Economic Zone of Vietnam.
Myanmar's natural gas export hit 3.5 billion USD in the first 11 months of the fiscal year 2018-2019 ending September, according to the Ministry of Commerce.
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.
Prime Minister Nguyen Xuan Phuc attended a meeting of the Vietnam National Oil and Gas Group (PetroVietnam) in Hanoi on January 11, asking the firm to overcome ups and downs to re-establish the sector as a growth engine of the country.
The Vietnam Oil and Gas Group (PetroVietnam) plans to reduce its ownership of PetroVietnam Gas Joint Stock Company (PV Gas) from the current 97 percent to 65 percent.
The oil and gas sector needs to adjust its production and business strategy so that it could compete with foreign rivals locally and internationally, said participants at a seminar in Hanoi on September 26.
