vietnam oil and gas industry

Latest News about vietnam oil and gas industry

VN prioritises the use of local oil and gas products as inventories soaricon
BUSINESS27/08/20210

VN prioritises the use of local oil and gas products as inventories soar

The Ministry of Industry and Trade (MoIT) has requested relevant stakeholders to prioritise the use of domestic oil and gas products as Vietnam’s oil refineries are facing a risk of halting due to high inventories during the COVID-19 pandemic.

 
Foreign investors expected to own 35 percent of stake in VN petrol and oil firmsicon

Foreign investors expected to own 35 percent of stake in VN petrol and oil firms

BUSINESS
15/07/2020

The Ministry of Industry and Trade (MoIT) has proposed the Government to allow petrol and oil businesses to transfer stakes to foreign investors, but not exceeding 35 per cent.