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Six years since being licensed, the Nam Van Phong oil refinery is still calling for investment capital as its scale has nearly doubled requiring a total $8 billion investment.

Vietnam needs about US$128.3 billion of investment capital to develop its electricity industry in 2021-2030, according to draft electricity planning released by the Ministry of Industry and Trade (MoIT).

On November 26, 2015 at Ho Chi Minh City, PetroVietnam Drilling & Well Services Corporation (PV Drilling) has held ceremonially a celebration of 14 year anniversary (Nov.26.2001 - Nov.26.2015), to mark 14 years of growth and development in confirming brand of pioneer in Vietnam's oil and gas drilling industry.

PV Drilling informed that since the official operation (November of 2009) up to now the PV DRILLING III rig has achieved a success of continuous safe operation for nine years without incident for working stop (Zero LTI) and specially, without recordable incident (No Recordable Incident).  

On Sept.12, 2017, Ministry of Industry and Trade (MOIT) officially issued the Circular on regulation for the development planning and pattern power purchase agreement (PPA) for solar power projects.

The Vietnam-Russia Oil and Gas Joint Venture (Vietsovpetro) extracted 33.6 million tonnes of oil in the period from 2010 to 2015, surpassing the five-year target by 3 percent.

On December 24, 2021, The Prime Minister (PM) Pham Minh Chinh has just sent a public telegram (No 1813/CĐ-TTg) to the Ministries, under Government agencies, People’s Committees of the Provinces, central Cities and Electricity of Vietnam (EVN) about the electricity demand forecast, electricity saving and efficient use for ensuring electricity supply in 2022 and the following years.

In the morning of July 12, in Hanoi, Vietnam Oil and Gas Group (PVN) opened a photo exhibition of “60 years of Vietnam Oil and Gas industry to implement Uncle Ho's wish.”  

By this February, 5 years has gone since Dung Quat oil refinery plant produced its first commercial product in February 2009. Prime Minister Nguyen Tan Dung previously assessed that Dung Quat oil refinery plant’s putting into operation had importance in terms of political and economic – social aspects, defense and security in the process of industrialization and modernization of the country, contributed to ensuring national energy security; confirmed that the selection of location and construction of the plant was the right investment decision of the Party and the State...

November 2016 marks a full year since GE completed its acquisition of Alstom Power, the company’s largest industrial deal in its now 124-year history. With global demands for power expected to increase by 50 percent over the next 20 to 25 years, this acquisition quickly enhanced the company’s power generation sales and services position to help utilities add capacity and keep their existing power plants operating at peak performance levels.

EUPD Research recently announced the first batch of Top Brand PV 2022 seal winners. In Brazil and South Africa, the inverter manufacturer Solis has been awarded the Top Brand PV 2022 seal. This is based on a survey of PV installers in Brazil and South Africa conducted by EUPD Research, a market and economic research organisation. Solis has received this prestigious award for the seventh time in a row.

As the largest liquefied petroleum gas (LPG) warehouse in Vietnam, Vung Tau PV GAS Dock Warehouse (VTDW) is an important link in the Bach Ho and Nam Con Son gas chain, supplying 60% LPG output for Vietnam market per year, maintaining domestic LPG trading market share, playing an important role in production and business tasks, and ensuring national energy security of PV GAS. In August 2021, PV GAS will celebrate its 20th anniversary since putting VTDW into commercial operation.

The Nhon Trach 2 thermal power plant in the southern province of Dong Nai has generated 35 billion kWh for the national grid over just seven years of operation, announced the PetroVietnam Power Nhon Trach 2 company on November 20th.