Tag: petroleum
Petroleum reserves must be elevated to national strategic level
VOV.VN - The State needs to build a national strategic petroleum reserve system, as most petroleum reserves in Vietnam are currently held by key traders under commercial obligations.
Vietnam has no immediate need to tap national petroleum reserves
VOV.VN - Vietnam currently has no immediate need to draw on its national petroleum reserves, as existing supplies are sufficient to meet domestic demand until the end of March, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan said.
Vietnam cuts fuel import tariffs to zero to secure supply
VOV.VN - The Vietnamese government has decided to temporarily reduce Most Favoured Nation (MFN) import tariffs on several petroleum products and refining inputs to 0% in an effort to ensure domestic fuel supply and stabilise the market.
Domestic petroleum supply meets demand amid Middle East conflict
VOV.VN - Despite fluctuations in the global energy market caused by conflict in the Middle East, Vietnam’s domestic petroleum supply is assessed as largely stable.
Vietnam records strong increase in fuel imports in two months
Vietnam saw a strong increase in fuel imports in the first two months of this year amid global energy uncertainty triggered by spiralling Middle East tensions.
Market regulators propose cutting fuel import tariffs to 0%
VOV.VN - The Ministry of Finance has proposed reducing the Most Favoured Nation (MFN) import tariff on several petroleum products and input materials to 0% in response to potential global supply disruptions.
PM meets Kuwaiti officials, businessmen, calls for specific joint projects
Prime Minister Pham Minh Chinh on November 18 held working sessions with officials and business leaders of Kuwait to promote the materialisation of the countries’ strategic partnership across various fields.
PM Pham Minh Chinh visits Al-Zour Refinery in Kuwait
VOV.VN - Vietnamese Prime Minister Phạm Minh Chính on November 17 visited the Al-Zour Refinery, as part of his ongoing State visit to Kuwait.
Major milestones in Vietnam-Kuwait friendship relations over nearly 5 decades
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).
New momentum expected from PM’s upcoming visit to Kuwait
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.