The Government has issued a resolution outlining 10 key solutions, promoted energy diplomacy and directed increased exploitation of oil, gas and coal resources, while regulating hyower reservoirs to support electricity generation.
This measure, through which ASEAN countries can provide petroleum supplies to neighbors facing shortages of at least 10 percent of their requirements, comes as the conflict in the Middle East continues to escalate.
Việt Nam receives its first LNG shipment of 2026 after the cargo cleared the Strait of Hormuz, helping secure fuel supplies for power generation and national energy security.
PV GAS said it has proactively arranged three LNG import cargoes for the first half of 2026 to maintain stable supply for power generation and industrial production.
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.