Kinh te viet nam

Phung Van Sy, general manager of the Ministry of Industry and Trade’s oil and gas division, speaks about Viet Nam’s current and future energy demand trends at the International LNG/Energy Summit held in HCM City on November 12. — VNS Photo Demand for liquefied natural gas (LNG) will continue to be strong, outpacing domestic production by 2020 requiring the country to import around one million cubic metres a year, according to the Ministry of Industry and Trade. According to Phung Van Sy, general manager of the ministry’s oil and gas division, who spoke at the International LNG/Energy Summit held in HCM City on November 12, Viet Nam’s natural gas supply is currently 9-10 billion cubic metres a year. Since 2015 consumption has been around 10 billion cubic metres, 83 per cent by the power sector, 11 per cent by the fertiliser sector and 6 per cent by other industrial sectors. From 2021 to 2035 the market is expected to grow significantly, reaching 31 billion … [Read more...] about Viet Nam to import LNG to meet burgeoning electricity demand

  National Assembly Chairwoman Nguyễn Thị Kim Ngân meets President of Germany’s Hessen State Parliament Boris Rhein during a reception in Hà Nội on Tuesday. VNA/VNS Photo Trọng Đức HÀ NỘI Việt Nam always considered Germany an important partner, National Assembly Chairwoman Nguyễn Thị Kim Ngân told President of Germany’s Hessen State Parliament Boris Rhein during a reception in Hà Nội on Tuesday. Ngân said the Vietnamese NA always advocated strengthening ties with Germany, as well as between the two legislatures.   She said Việt Nam highly appreciated ties with German states, including Hessen, describing the ties as a new and effective model of co-operative relations that needed to be stepped up in the near future.   Lauding the position and strength of Hessen – one of the leading economic, financial and education hubs in Germany and Europe – she … [Read more...] about Việt Nam considers Germany an important partner: NA leader

  Phùng Văn Sỹ, general manager of the Ministry of Industry and Trade’s oil and gas division, speaks about Việt Nam’s current and future energy demand trends at the International LNG/Energy Summit held in HCM City on November 12. — VNS Photo HCM CITY — Demand for liquefied natural gas (LNG) will continue to be strong, outpacing domestic production by 2020 requiring the country to import around one million cubic metres a year, according to the Ministry of Industry and Trade. According to Phùng Văn Sỹ, general manager of the ministry’s oil and gas division, who spoke at the International LNG/Energy Summit held in HCM City on November 12,  Việt Nam’s natural gas supply is currently 9-10 billion cubic metres a year. Since 2015 consumption has been around 10 billion cubic metres, 83 per cent by the power sector, 11 per cent by the fertiliser sector and 6 per cent by other industrial sectors. From … [Read more...] about Việt Nam to import LNG to meet burgeoning electricity demand

  Russian Ambassador to Việt Nam Konstantin Vnukov speaks at the Việt Nam – Russia friendship meeting in Hà Nội on Tuesday. VNA/VNS Photo Dương Giang HÀ NỘI —  A Việt Nam – Russia friendship meeting was held in Hà Nội yesterday ahead of the 70th anniversary of bilateral diplomatic ties. Russian Ambassador to Việt Nam Konstantin Vnukov expressed his respect for the long-standing ties between the two countries. He said Russia would celebrate the 75th anniversary of victory over fascism and the 70th anniversary of Việt Nam – Russia diplomatic ties next year. The diplomat vowed to stand ready to support Việt Nam in every area in the near future, especially regarding external affairs. — VNS   … [Read more...] about Việt Nam-Russia friendship meeting held in Hà Nội

Prime Minister Nguyễn Xuân Phúc (r) receives SCG President and CEO Roongrote Rangsiyopash in Hà Nội on Tuesday. —VNA/VNS Photo Thống Nhất HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has asked Thailand’s Siam Cement Group (SCG) to continue investing in Việt Nam and accelerate the implementation of projects. He made the recommendation during a meeting with SCG President and CEO Roongrote Rangsiyopash in Hà Nội on Tuesday. The PM praised the group for its investment activities in various fields such as chemicals, construction materials and packaging, which make practical contributions to the strategic partnership between Việt Nam and Thailand. He said Việt Nam attached great importance to enhancing the strategic partnership with Thailand and expressed his pleasure in the strong development of cooperation between the two countries. The PM asked SCG to ensure the progress, … [Read more...] about PM asks Thai group to continue investment in Việt Nam