Economic diplomacy takes centre stage in Việt Nam's energy security

Saturday, Nov 07, 2026

As Việt Nam faces declining domestic oil and gas production, growing dependence on imported energy and mounting geopolitical uncertainties, economic diplomacy is becoming increasingly important to national energy security.

Policy certainty can unlock oil and gas growth

Saturday, Nov 07, 2026

With mature fields declining, new discoveries becoming increasingly difficult and costly to develop, and pressure mounting to diversify beyond conventional exploration and production, a consistent regulatory framework will be essential to sustaining domestic output, attracting long-term investment and strengthening national...

Petrol price stabilisation fund proposed to be transferred to the Ministry of Finance

Monday, Sep 28, 2026

Active fuel wholesalers would have to determine their fund balances as of the day before the decree takes effect and transfer all positive balances to the Ministry of Finance’s account.

Energy industry urges reforms to speed up strategic projects

Wednesday, Jul 01, 2026

The oil and gas industry no longer enjoys the favourable conditions of previous decades, with many major oil and gas fields entering decline while new discoveries are increasingly located in deeper waters, requiring higher investment, more advanced technology and stricter...

Fuel prices cut for second consecutive week

Thursday, Jun 04, 2026

The sharpest decrease was recorded for E5RON92 biofuel.

NA green-light private sector's participation in amended Petroleum Law

Tuesday, Nov 15, 2022

The amended law stressed the importance of more efficient management and greater contribution of petroleum resources to the nation''s socio-economic development, especially as many of the Southeast Asian country''s oil and gas reserves are approaching the end of their lifespans....

NA debates revision of Petroleum Law

Thursday, Oct 27, 2022

The National Assembly (NA) yesterday debated on a number of proposed changes made to the country''s Petroleum Law, which was slated for a vote by deputies on October 14.

Reform needed to support oil and gas industry: experts

Wednesday, Jun 15, 2022

Experts have raised strong support for a comprehensive reform for the draft revised Petroleum Law that will help further develop the country’s oil and gas industry.