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Mr. Doan The Vinh, Deputy Director of Nuclear and Thermal Power Plants Department under the Ministry of Industry and Trade’s General Department of Energy has noted that under the national power development plan with a vision to 2030, Vietnam will require 194-210 billion kWh of electricity in 2015, 330-362 billion kWh in 2020, and 695-834 billion kWh by 2030. All this energy must be either produced domestically or imported.

The Prime Minister has just have an instruction to untie the difficulties and promote the implementation  of the strategy for developing Vietnamese Mechanical Sector.

From April 6th to 8th April 2014, the second meeting term of the Inter-government Committee on Vietnam - UAE cooperation was held in Abu Dhabi Capital and Dubai City of the United Arab Emirates (UAE).    

PM Nguyen Tan Dung chaired a conference in Ha Noi on April 11 to review the development of the country’s mechanical engineering sector under a related strategy.

In more than 40 years of diplomatic relations, since 1971, Vietnam – Norway relations have constantly consolidated and developed in the fields of politics, economy and culture. In particular, cooperation in the energy sector has grown strongly in recent years.

As a part of the program of the official visit to the Russian Federation by Prime Minister Nguyen Xuan Phuc (May 20-23),  on May 22, in Moscow, PetroVietnam Exploration Production Corporation (PVEP) signed two documents including the Agreement to transfer the Lot 09-2/09 (in Cuu Long sedimentary basin of Vietnam continental shelf) and the Memorandum of Understanding (MOU) between PVEP and Zarubezneft Petroleum Company (Russian Federation).

The Prime Minister has improved the project on restructuring power sector in 2016 – 2020 with orientation up to 2025.

Science and technology are key solutions for the success of the mineral sector, so enterprises should make additional investments in new technologies to ensure more effective exploitation, safety and environment protection.

Vietnam’s mining industry is facing more difficulties this year due to lower export prices, unfavorable mining conditions and higher costs, according to the Ministry of Industry and Trade.

On November 4, 2015, in Da Nang city, the Ministry of Industry and Trade (MOIT) held the conference "Shaping Vietnam’s Sustainable Power Sector Development" to summarize the achievements in the process of renewing power sector and discuss the measures for strengthening the participation of the international donors and various economic sectors to Vietnam's Power Sector Development in future. Deputy Prime Minister (DPM) Hoang Trung Hai attended and spoke at the Conference.

On November 25, at the Russian Federation Presidential Palace in the Sochi city, General Secretary Nguyen Phu Trong and President V. Putin had a talk, two sides emphasized the priority on development cooperation in the energy field with focus on petroleum sector.

To improve competitiveness and make a breakthrough in the development of engineering sector of Vinacomin, Chairman of Vinacomin Member Council Le Minh Chuan asked for a closer cooperation and coordinate among the member units and to work out development strategies to develop the engineering sector of the group.

PM Nguyen Tan Dung has approved a program on supporting policy development to improve the power sector from 2014 to 2016, with a US$200 million investment loaned from the World Bank.

In 2020, despite many difficulties and challenges (from both inside and outside), especially the rage of Covid-19 pandemic, severe storms, and floods, trade tensions escalating and geopolitical competition complication ... our economy still maintained stability, the inflation and consumer price index (CPI) were well controlled, the GDP growth rate of 2, 91% - in the highest category in the world. It that great economic exploit, was an important contribution of the energy sector. Here are 10 typical events of the Vietnam energy sector in 2020,  voted by the Scientific Council of Vietnam Energy Magazine.

The Government has just issued Decree No. 99/2020/ ND-CP on the regulations to punish the administrative violations in the petroleum relevant activities (searching, exploring, exploiting and trading petroleum). The Decree stipulates the maximal administrative violation in exploring and exploiting oil and gas as 01 billion VND for an individual and 02 billion VND for an organization.