The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No. 73/2025/ND-CP, issued on March 31. The move marks a key step in accelerating the country’s shift from fossil fuels to cleaner energy.
Vietnam needs to develop a holistic strategy to ensure sustainable, reliable and cost-competitive gas supply, experts have said.
Vietnam's State-owned oil and gas giant Petrovietnam has defied rising market risks with a strong performance in the first two months of this year, recording a 19% year-on-year increase in turnover and a 5% growth in its contribution to the State budget.
Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan held a working session in Hanoi on March 20 with Russia’s Novatek Group to explore potential collaboration in Vietnam's liquefied natural gas (LNG) sector.
The 1 million-tonne Thi Vai liquefied natural gas (LNG) terminal project, the biggest of its kind in Vietnam, was officially put into operation in the southern province of Ba Ria - Vung Tau on October 29.
Petrovietnam Gas Joint Stock Corporation (PV GAS) is expected to receive the first imported liquefied natural gas (LNG) shipment from supplier Shell on July 10.
VOV.VN - Applying existing and affordable fuels and energy technologies to expand the use of natural gas is one way to reduce greenhouse gas emissions.
PetroVietnam Gas JSC (PV Gas) and the AES Corporation of the US have been granted an investment certificate and a business registration certificate for the Son My liquefied natural gas (LNG) terminal project.
Vietnam’s BB Group and the US’s Quantum Group will jointly develop a gas industry centre and a seaport in the central province of Quang Tri, according to an agreement signed by the two corporations and the provincial People’s Committee in Dong Ha city on April 25.
A groundbreaking ceremony was held on January 15 for the construction of the first phase of Hai Lang liquefied natural gas (LNG) power plant in Hai An commune in the central province of Quang Tri's Hai Lang district.