vietnam's oil and gas industry

Update news vietnam's oil and gas industry

Vietnam spent US$2.77 bln on petroleum imports in four months

Vietnam imported 3.26 million tonnes of oil and petrol worth around US$2.77 billion during the first four months this year, down 4.8% in volume and 16.3% in value year on year, reported the General Department of Vietnam Customs.

Obstacles impede investments in oil and gas

Currently, large investments in oil and gas projects are facing many difficulties. These include exploration and extraction of oil and gas in the upper reaches as well.