Oil and gas industry
Stable cash flow is key to maintaining the Vietnam’s largest refinery - Nghi Son oil refinery’s production, said Egashira Hideaki, Investment Director of Idemitsu Kosan Company in a media briefing in Hanoi last week.
Vietnam has two oil refineries, Dung Quat and Nghi Son. Every year Vietnam imports millions of tons of crude oil while still exporting crude oil. What is the reason?
The Government will establish a market for mechanic firms to develop, including facilitating the sector to seek for domestic and overseas markets for the country’s oil and gas engineering sector’s products.
Boasting great potential of marine economy in terms of natural resources, transport, fisheries, tourism and coastal economic zones, Vietnam has set the target to become a powerful marine nation.