The Politburo has issued Resolution 70-NQ/TW, setting a long-term strategy for national energy security until 2030 with a vision to 2045. The landmark policy positions renewable and clean energy at the forefront, paves the way for a competitive electricity market, and aims to draw investment from all social sources.

Prime Minister Pham Minh Chinh has assigned relevant ministries and agencies to remove any existing obstacles as soon as possible, thus providing unwavering support for the Vietnam Oil and Gas Group (Petrovietnam) to further develop and ensure national energy security.

The National Power Development Plan VIII, which has been recently approved by the Prime Minister, aims to ensure national energy security, thus satisfying the country's socio-economic requirements in the time ahead.

Thanks to the implementation of the strategic orientations of the Party and the State, Vietnam’s energy industry with three pillars of oil and gas, coal and electricity has developed strongly, serving socio-economic development as well as people's everyday life, a seminar heard on May 29.

Despite difficulties in the first five months of this year, the Vietnam Oil and Gas Group (PetroVietnam) managed to increase its production, contributing to ensuring national energy security.

The Vietnam Oil and Gas Group (PetroVietnam) pumped 4.55 million tonnes of crude oil in the first five months of 2022, surpassing the plan by 22%, contributing to ensuring national energy security and national development.

Using energy economically and efficiently is a practical solution to help ensure national energy security, develop the economy, protect the environment and reduce greenhouse gas emissions, Trinh Quoc Vu, Deputy Director of the Department of Energy Saving and Sustainable Department said on May 5.

It is a must to ensure energy self-sufficiency and balance in any circumstances, meeting energy demand in production, business, national defence and security, and other activities, said Prime Minister Pham Minh Chinh.

The increasing proportion of clean energy such as solar and wind power in recent years has helped Vietnam diversify energy sources and reduce its dependence on imported energy, thus enhancing its national energy security.

The Vietnamese Government gives high priority to sustainable energy development, aiming to ensure national energy security and greenhouse gas emission reduction.