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The Government has just issued Decree 25/2019 / ND-CP on amending and supplementing a number of articles of Decree No.13/2011/ND-CP dated February 11, 2011 of the Government on the safety of the onshore petroleum projects. This revised Decree pays special attention to the safe distance for the petroleum depots and petroleum products and the measures to protect oil and gas projects.

Prime Minister Pham Minh Chinh has just signed and the Decision No. 1455/QD-TTg, dated September 2, 2021 on strengthening the State Steering Committee for the key petroleum projects.

In recent time, at Sotrans Group’s office, Vietranstimex and Fagioli signed a MOU Signing Ceremony on the implementation of complex projects in Oil and Gas, Renewable Energy and Large Infrastructure in Vietnam market.

Whether for complex cabling in the turbines, at extreme temperatures, with vigorous vibrations and electromagnetic interference, Belden can address all needs and requirements with its wide portfolio of solutions – all the way through to remote maintenance, proving optimal results.

On October 11, 2020, in Vinh Thinh commune, Hoa Binh district, Bac Lieu province, Bac Lieu Hacom Energy Joint Stock Company held a ceremony for starting up Hoa Binh 5 largest on-shore wind power project (phase 1) in the Mekong River Delta (Mekong Delta).

According to the updated report of 'non-hydro' renewable energy sources of Vietnam Energy Magazine - VER (August 2020), the total onshore wind power technical potential of Vietnam is about 217 GW, while the total offshore wind power technical potential is about 160 GW.

In the afternoon of November 29, 2019, in Bac Phong and Loi Hai communes, Thuan Bac district, Ninh Thuan province, Trung Nam Investment and Construction Joint Stock Company (Trungnam Group) held a ceremony to put the first turbine with a largest capacity of 4 MW in Vietnam today of Trung Nam wind power project (phase 2) into operation.

Siemens will supply 16 direct-drive wind turbines to the 50 MW wind power plant in  Hokkaido Japan, commercial operation scheduled for 2018 and is the first project with the customer J-Wind Setana.

Minister of Industry and Trade Vu Huy Hoang underlined the Ministry of Industry and Trade (MOIT)’s opinion that electricity and petroleum prices must be publicized and transparent on a Vietnam Television Q&A session on May 11.

The Vietnamese petroleum industry has collaborated with high-level domestic research and consulting agencies to successfully conduct a good number of R&D (research & development) projects, resulting in important economic effects and regional and global significance.

Tam Dao 05 lift off rig with a localization rate of 39% as a largest offshore project made in Vietnam so far  can operate in condition of above 12 degree storm. After 30 month manufcturing the rig has been handed over to Vietsopetro investor.

On 23 May 2016, in Hanoi, Vietnam Oil and Gas Group (PetroVietnam) signed memorandums of understanding (MOU) with US large Petroleum Honeywell and Murphy Companies.

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).    

In the coming period, besides promoting search, exploration and exploitation of petroleum in deep-water, offshore areas in association with the national sovereignty protection at the sea in accordance with the development orientation of Vietnam’s Petroleum Industry to 2030, with a vision to 2045 approved by the Prime Minister, Vietnam Oil and Gas Group (PVN) will actively study to search for and explore non-traditional hydrocarbons (hydrate, coal gas, shallow gas, shale gas ...) to increase petroleum reserves for the country.

On August 9, 2018, PetroVietnam informed that Vietsovpetro has discovered a new petroleum well – Meo Trang Dong (East White Cat) – 1X (Lot 09-1,VSP). After this discovery, the relevant units will carry out the assessment of reserves and prepare the plan for putting the project into operation.