VOV.VN - Prime Minister Pham Minh Chinh has directed the immediate construction of a national crude oil reserve in Nghi Son refinery complex, Thanh Hoa province, while calling for further studies to expand storage facilities in other locations to strengthen Vietnam’s energy security.

VOV.VN - Amid escalating geopolitical tensions and mounting volatility in global energy markets, experts are calling for the rapid development of national strategic petroleum reserves as a necessary, practical and achievable solution to safeguard national energy security and stabilise supply.

Prime Minister Pham Minh Chinh has asked the Nghi Son Refinery and Petrochemical LLC (NSRP) to diversify its crude oil supply sources and avoid reliance on any single supplier, stressing that ensuring stable inputs is critical to Vietnam’s energy security amid global volatility.

VOV.VN - The Ministry of Industry and Trade (MoIT) has affirmed that domestic fuel supply remains stable thanks to steady production from the country’s two major refineries and continued imports amid rising tensions in the Middle East.

VOV.VN - Four people were killed and six others injured in a multi-vehicle crash on an expressway in Vietnam’s central Thanh Hoa province early on January 14, according to police.

The Petrovietnam Fertilizer and Chemicals Corporation – JSC (PVFCCo – Phu My) and the Nghi Son Refinery and Petrochemical LLC (NSRP) have signed a cooperation agreement in Kuwait, marking a strategic move in the development of chemical and petrochemical projects.

VOV.VN - Prime Minister Pham Minh Chinh is paying an official visit to Kuwait from November 16 to 18, marking the first to Kuwait by a Vietnamese PM in 16 years, and coming ahead of the 50th anniversary of diplomatic ties between the two countries (January 1976 – January 2026).

Prime Minister Pham Minh Chinh will begin an overseas tour on November 16-24 with a stop in Kuwait, the first visit by a Vietnamese Government leader in 16 years and timed ahead of the 50th anniversary of diplomatic ties (January 10) next year.

Despite global economic turbulence and a 14% year-on-year plunge in crude oil prices in the first nine months of 2025, the Vietnam National Industry - Energy Group (Petrovietnam) posted robust results, with consolidated revenue climbing by double digits compared to the same period in 2024.

According to the Nghi Son Refinery and Petrochemicals LLC (NSPR) in the central province of Thanh Hoa, the group will strive to supply to the market a total of 1.57 million tonnes of petroleum products in the last two months of 2023.