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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.

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.

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.

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).

On May 9, 2022, during a business trip to the US, Vietnam Oil and Gas Group (PVN) and Binh Son Refining and Petrochemical Joint Stock Company (BSR) had working sessions with partners/suppliers of crude oil in Houston (USA).

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.

Binh Son Refining and Petrochemical Joint Stock Company (BSR) informed: Dung Quat Oil Refinery has just finished the successful test processing Sokol crude oil - marking an important milestone in diversifying crude oil with stable quality for Dung Quat Oil Refinery.

At 7.00 on December 10, 2018, Petrovietnam (PVN) completed the 2018 crude oil exploitation plan with a production of 11.314 million tons.

On August 22, 2017 Nghi Son Refinery and Petrochemical Limited Liability Company (RPLLC) received the first batch of Kuwait crude oil of 270 thousand ton (nearly 2 million barrels) from Millennium oil tanker. This crude oil amount will be used for test running of Nghi Sơn Refinery in coming time.

In the first four months of 2014, the main products of the oil and gas industry (PVN) had a rater growth in competition with the same period of the past year.

The government’s goal to extract an additional 1 million tonnes of crude oil by the year’s end to meet its economic growth target is very challenging, according to Chairman of the Vietnam Oil and Gas Association (VOGA) Ngo Thuong San.

Siemens to supply 19 net-gas, off-gas and recycle gas compressors for crude flexibility project. The project will enable the refinery to process up to 420,000 barrels per day of offshore crude oil.

Vietnam Oil and Gas Group (PVN) informed that PVN finished the 2022 plan for crude oil exploitation with 8.74 million tons on October 22, 2022, 2 months and 9 days ahead of schedule. In a general total of 10 months, PVN exploited 9.03 million tons, exceeding 3% of the 2022 year plan and equaling 99.4 % of the amount in the same period in 2021.