Deputy Director of the MoIT’s Oil and Gas Department Tran Thanh Tung proposed a financial support mechanism for exploration, especially in deep water areas. This measure is designed to lure greater investment from domestic and foreign oil and gas corporations. … [Read more...] about PVN asks for revision of oil law
Foreign policy
New momentum for US-Viet Nam trade relations
Moreover, when it is difficult for investors to transfer, it is difficult to identify whether the transfer is due to the COVID-19 pandemic or their new business strategies. However, regardless of the situation, the shift of investment wave to Viet Nam will still benefit the country and businesses here. Therefore, Vietnamese enterprises need to improve their competitiveness and create new forces to seize opportunities. VNS … [Read more...] about New momentum for US-Viet Nam trade relations
MoIT aims for production growth in second half of year
The MoIT reported the index of industrial production (IIP) in June increased by 10.3 per cent compared to the previous month. Of which, the IIP rose by 13 per cent in the processing and manufacturing sector, 6.5 per cent in the electricity production and distribution, and 4.4 per cent in water supply and wastewater treatment compared to the same period in 2019. … [Read more...] about MoIT aims for production growth in second half of year
