Trang chủEnegry News' Vietnam

PVN to invest $2.3 mil in oil dump, port in Phu Quoc

PVN to invest $2.3 mil in oil dump, port in Phu Quoc

VietNam News English The Viet Nam Oil and Gas Group, or PetroVietnam (PVN), plans to invest VND500 billion (US$2.3 million) in building an oil dump and port system in Phu Quoc Island District in the southern province of Kien Giang. A corner of Vung Ang oil dump invested by the PVN in central Ha Tinh Province. The group plans to build a bigger oil dump in Phu Quoc Island with a ...

VN, Venezuela have potential for closer economic, trade ties

VN, Venezuela have potential for closer economic, trade ties

VietNam News English At the meeting, Deputy PM Hai said he was glad that both sides had agreed to expand co-operation into areas such as oil and gas, agriculture-forestry-aquaculture and industrial processing. Hai said he believed that Viet Nam would benefit a great deal from co-operating with Venezuela in agricultural development. Milano briefed Hai on the intergovernmental ...

Ha Long builds oil-rig ship

Ha Long builds oil-rig ship

VietNam News English Ha Long Shipbuilding Company Ltd has begun building a platform supply vessel, PSV 3300, for the Netherlands' Damen Shipyard Group, in the northern coastal Quang Ninh province. The Ha Long Shipbuilding Company Ltd signed a contract with the Netherlands' Damen Shipyard Group to build a platform supply vessel for the later.— Photo VNA The ship, designed by ...

Venezuela, Vietnam seek to address obstacles to oil projects

Venezuela, Vietnam seek to address obstacles to oil projects

VOV News English Venezuela, Vietnam seek to address obstacles to oil projects Venezuelan Vice President Elias Jose Jaua Milano has affirmed his country’s commitment to making it easier, in terms of conditions and financial support, for joint oil and gas and agricultural projects with Vietnam. Venezuela, Vietnam to optimise economic ties Association works to boost ...

Vietnam raises retail fuel prices by up to 10 pc

Vietnam raises retail fuel prices by up to 10 pc

(Reuters) - The retail petrol price in Vietnam has been raised by 10.3 percent to 17,280 dong ($0.8) per litre, top fuel importer and distributor Petrolimex said on Wednesday. Diesel rose 4.68 percent to 15,880 dong per litre and fuel oil increased 7.68 percent to 12,760 dong, the company said in a statement. The increases were in line with recent gains in global prices, Petrolimex ...

Vietnam switches to nuclear

Vietnam switches to nuclear

Vietnam's ambitious nuclear programme is scaling up rapidly By Ben Hargreaves The government in Vietnam has ambitious targets to see the country's first new reactor generating electricity by the early 2020s – ambitious, because currently it has just one research reactor, which supplies radiation sources for medicine and industrial programmes. But Vietnam's economy is growing rapidly ...

Vietnam's Central Bio-fuels produced 17,000 cu m of ethanol last year

Vietnam's Central Bio-fuels produced 17,000 cu m of ethanol last year

Hanoi (Platts)--11Mar2015/721 am EDT/1121 GMT Vietnam's state-owned Central Bio-fuels in the central province of Quang Ngai produced 16,969 cu m of ethanol in 2014, accounting for 17% of the plant's design capacity, a statement on the website of state-owned PetroVietnam's Binh Son Refining and Petrochemical said Tuesday. Central Bio-fuel is under the management of BSR, the operator of ...

77% of Vietnamese drivers don’t know how to save fuel: study

77% of Vietnamese drivers don’t know how to save fuel: study

Báo Tuổi Trẻ English Seventy-seven percent of Vietnamese drivers do not know how to save fuel even though many see fuel efficiency as important, a new study has shown. Facebook Twitter 0 vote(s) Comment Save this news In the Shell Fuel Efficiency Fact or Fiction Report on Vietnamese drivers’ behavior released on March 5, 87 percent of the drivers surveyed consider fuel ...

Mining, oil and gas firms see high profits

Mining, oil and gas firms see high profits

VietnamPlus English As many as 359 companies on the Hanoi Stock Exchange, 99.4 percent of the total, have published their financial reports for the last quarter of 2014 before the deadline, the exchange reported. According to the exchange, most companies' 2014 numbers faired better than the previous year. Around 86 percent of businesses (308 companies) reported profits in the last ...

Environmental tax on petrol to jump 300%

Environmental tax on petrol to jump 300%

VOV News English An environmental tax on petrol and other fuel in Vietnam will rise by 300% after the National Assembly approved a tax hike to offset an expected shortfall in budget revenue. Facebook Twitter 0 vote(s) Comment Save this news Retail petrol prices expected to fall further The tax on gasoline and aviation fuel will rise from VND1,000 to VND3,000 a litre as of May ...

Vietnam to raise environment tax on fuel, as import tariffs set to decrease

Vietnam to raise environment tax on fuel, as import tariffs set to decrease

Báo Thanh Niên English The government has gotten the green light to increase fuel’s environment tax rates threefold, expectedly from this May 1, in an attempt to mitigate losses resulted from the upcoming reductions in fuel’s import duties. Under a plan presented to the National Assembly’s Standing Committee on Tuesday, new environment tax rates will be VND3,000 (13 US cents) per ...

Vietnam’s fuel retail prices rebound, following environment tax hikes

Vietnam’s fuel retail prices rebound, following environment tax hikes

Báo Thanh Niên English Just one day after the government was allowed to increase fuel’s environment tax threefold, the retail prices of gasoline and oil were raised by as much as 10.2 percent on Wednesday. It was the first break in the domestic fuel prices’ downtrend that started in July last year with 13 cuts. The country’s most popular gasoline grade 92-octane (92 RON) is ...

First fuel price hike in the year

First fuel price hike in the year

Báo Dân Trí English The Vietnam National Petroleum Group (Petrolimex), the country’s largest fuel wholesaler, raised the retail price of several fuel varieties as of 15:00 pm on March 11, the second adjustment and the first rise this year. Petrolimex raised the retail price of several fuel varieties as of 15:00 pm on March 11, the second adjustment and the first rise this ...

Vietnam, Philippines review cooperation in tackling oil spills

Vietnam, Philippines review cooperation in tackling oil spills

VietnamPlus English Vietnam, Philippines review cooperation in tackling oil spills The Vietnam Administration of Seas and Islands (VASI) organised a Vietnam-Philippines conference on March 10 in Hanoi to evaluate the implementation of bilateral cooperation in coping with oceanic oil spills and to outline future collaboration plans. According to VASI Deputy General ...