Natural gas is emerging as a key transition fuel for Việt Nam’s industry, helping cut emissions, strengthen energy security and support the country’s drive towards net zero by 2050.
The Murphy Oil Corporation has announced that its subsidiary has successfully drilled the Hải Sư Vàng-2X (HSV-2X) appraisal well offshore of Việt Nam, potentially the biggest oil discovery in Southeast Asia of the last 20 years.
Tetra Pak, a world leading food processing and packaging solutions company, said it has reached a 25 per cent reduction in greenhouse gas (GHG) emissions across its value chain compared to 2019 levels, including a 5 per cent improvement since 2023.
At the congress, Prime Minister Phạm Minh Chính praised Petrovietnam’s achievements, saying the group had become a model for transformation, resilience and innovation across the State-owned enterprise sector.
Themed ''Energy Transition: Vision and Action'', the forum focused on Việt Nam’s need to stay competitive in the global green supply chain while adapting to climate change.
Although tensions in the Middle East persisted, investor confidence improved markedly after the weekend, leading to a broad recovery in Việt Nam’s stock market on Monday, accompanied by a rise in net buying from foreign investors.
On the afternoon of May 21, the National Innovation Centre (NIC) under the Ministry of Finance, in collaboration with South Korea''s SK Group, held a thematic seminar titled “Innovation in the value chain of the LNG power industry”.
A landmark US$6 billion investment agreement was signed in HCM City Monday, uniting Vietnam’s KOGI Groun and energy infrastructure in southern Việt Nam.
The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG), marking a key step in accelerating the country’s shift from fossil fuels to cleaner energy.