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energy

Petrovietnam proposes restoration of exploration risk fund

Petrovietnam proposes restoration of exploration risk fund

The proposal comes as many of Việt Nam''s largest oil fields, including Bạch Hổ, Rồng and Đại Hùng, have been producing for decades and are experiencing natural output declines.
Việt Nam urged to accelerate hydrogen industry development: seminar

Việt Nam urged to accelerate hydrogen industry development: seminar

Việt Nam has the potential to become a regional centre for clean energy production thanks to its abundant renewable energy resources and favourable geographical conditions.
PM urges Điện Biên to prioritise tourism, services and border trade

PM urges Điện Biên to prioritise tourism, services and border trade

The Prime Minister has urged the northern border province of Điện Biên to accelerate the development of tourism, services and its border-gate economy, while improving transport infrastructure and the investment climate to support long-term growth.
Sharp takes full control of Vietnamese solar joint venture

Sharp takes full control of Vietnamese solar joint venture

The acquisition is aimed at further business expansion in the growing Vietnamese market.
Energy independence becomes strategic priority for Vietnamese businesses

Energy independence becomes strategic priority for Vietnamese businesses

Achieving greater energy independence is becoming increasingly important for Vietnamese businesses as electrification, digital transformation and the global transition towards low-carbon development reshape manufacturing, supply chains and international trade.
Ministry seeks to raise domestic ethanol supply to meet up to 70% of demand

Ministry seeks to raise domestic ethanol supply to meet up to 70% of demand

The nationwide introduction of E10 gasoline has also d new opportunities for ethanol plants that had struggled in recent years.
E10 gasoline supply remains stable, but dependence on imported ethanol poses key risk

E10 gasoline supply remains stable, but dependence on imported ethanol poses key risk

In June, the total ethanol supply reached around 121,895cu.m, including 89,383cu.m of imports and 32,512cu.m from domestic producers.
Six more fuel distributors to begin blending E10 gasoline

Six more fuel distributors to begin blending E10 gasoline

Nationwide biofuel gasoline consumption had reached approximately 980 million litres as of June 28, including 924 million litres of E10 and 56 million litres of E5. E10 accounted for more than 96 per cent of total biofuel gasoline consumption.
E10 petrol captures over 96% of market after one month of nationwide rollout

E10 petrol captures over 96% of market after one month of nationwide rollout

One month after Việt Nam rolled out E10 nationwide, the biofuel has captured more than 96 per cent of petrol consumption, with authorities reporting stable supplies, smooth market operations and early signs of improved air quality in Hà Nội and...
​​​​​​​Offshore wind islands integrated with green hydrogen could optimise investment efficiency

​​​​​​​Offshore wind islands integrated with green hydrogen could optimise investment efficiency

Dư Văn Toán of the Institute of Meteorology, Hydrology, Environment and Marine Sciences under the Ministry of Agriculture and Environment discussed with Vietnam News Agency the feasibility of applying this model in Việt Nam and the policy mechanisms needed to...
Temporary tax cuts on petrol and oil extended

Temporary tax cuts on petrol and oil extended

Under Resolution No 34/NQ-CP issued on June 30, the government prolonged the exemption of the environmental protection tax, value-added tax (VAT) and most-favoured-nation (MFN) import tariff on petroleum products, fuel production feedstock and aviation fuel for an additional three months.
Energy industry urges reforms to speed up strategic projects

Energy industry urges reforms to speed up strategic projects

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...
AI-powered energy management helps reduce energy consumption

AI-powered energy management helps reduce energy consumption

The event was held as part of the Vietnam Energy Efficiency Community under the National Programme on Energy Efficiency and Conservation for 2019–2030 (VNEEP3).
Green shipping boom offers chance to rebuild shipbuilding industry

Green shipping boom offers chance to rebuild shipbuilding industry

A new wave of global demand for greener vessels and mounting pressure to diversify supply chains is offering Việt Nam a rare opportunity for the country to revive and expand its shipbuilding industry after more than a decade of restructuring.
Public-private partnership key to Việt Nams strategic oil reserves: JICA

Public-private partnership key to Việt Nam's strategic oil reserves: JICA

Determining an appropriate reserve level, designing a suitable stockpiling model and defining the responsibilities of the Government and the private sector would depend on Việt Nam''s legal and policy framework, said the JICA expert.