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Ministry of Finance is drafting a Decree on protection environmental fees for exploitation of crude oil, natural & coal gases and minerals.

Vietnam is a developing country, which does not cause climate change, but sustains a lot of effects from climate change. The Government of Vietnam considers to deal with the climate change as an issue with the vital meaning, that’s why Vietnam always expresses the highest efforts to go together with the international community to deal with global climate change.

On June 12-13, 2014, the United States Embassy in Ha Noi and General Department of Energy (Ministry of Industry and Trade of Vietnam) held a conference on Unconventional Gas Technical Assistance Program (UGTEP).

The Viet Nam Oil and Gas Group (Petro Viet Nam) will build an offshore natural gas processing plant and two 700MW plants in central Quang Nam and neighbouring Quang Ngai provinces.

At Thuan Dao Industrial Park, Long An Province, Vietnam CNG Joint Stock Company held a Ceremony for starting the construction of a liquefied natural gas (LNG) supply station.

Recently, in Ha Noi, under the withness of Vietnamese P.M Nguyen Tan Dung and Dutch P.M Mark Rutte, PetroVietnam Gas Corporation (PV Gas) and Shell (Holland) signed a MoU on cooperation for developing a LNG Import Harbor and Depot in Son My (Binh Thuan Province) and a Framework Agreement on LNG Purchase at LNG Import Harbor Depot in Thi Vai (Ba Ria-Vung Tau Province) Contract for LNG importing harbor storage project Thi Vai ( Ba Ria - Vung Tau province).

On March 3, 2023, at the headquarters of the Ministry of Industry and Trade (MOIT), Minister Nguyen Hong Dien chaired a meeting with the leaders of Electricity of Vietnam (EVN), Vietnam Oil and Gas Group (PVN), and Vietnam National Coal - Mineral Industries Holding Corporation Limited (TKV), Power Generation 1, Power Generation 2, Power Generation- 3 Joint Stock Company, TKV Power Company, PVN Power Company, Northeast Coal Corporation; Ninh Binh Fertilizer Single Company Limited, Ha Bac Fertilizer and Chemical Joint Stock company and a number of the coal-fired thermal power plants on the coal supply and coal import for electricity and nitrogen fertilizer production.

On May 9, Mr. Tran Dinh Nhan, General Director and Mission of Electricity of Vietnam (EVN) and worked with Vinacomin leaders in Hanoi and Coal Northeast Corporation (CNC) in Quang Ninh, on coal supply for power generation, especially in the peak hot months of 2023.

At the conference to review the plans in 2016 of Ministry of Resources and Environment, the Vietnam Geology and Mineral Department informed “At present, there have been identified 55 coal strata placed in 5 stratum groups from the surface to the depth of 1200 meters in mainland part of the Red River coal basin”.

Vietnam National Coal and Minerals Industries Holding Corporation Limited (Vinacomin) speeds up to perfrm the coal export contracts to rapidly release high-quality coal dust and lump coal in stock.

The Minister of Industry and Trade has just issued a Decision approving the coal price framework and electricity generation price framework in 2023. Accordingly, the coal price is 1,808,000 VND/ton, the electricity generation price framework for coal-fired power plants is 0 - 1,559.70 VND/kWh and the electricity generation price range for hydropower plants is 0 - 1,110 VND/kWh (the above price framework does not include value added tax (VAT) and other related taxes and costs).

A conference to agree and sign a cooperation agreement between Vietnam National Coal and Mineral Industries Group (Vinacomin), South East Coal Trading Company (SECTC – Dong Bac Corporation) and Electricity of Vietnam (EVN), on long-term coal supply for Thermal power plants using anthracite coal in EVN has just taken place in Hanoi.