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The Ministry of Industry and Trade (MOIT) has just issued a document to propose amending the Petroleum Law to remove the currently arising inadequacies and problems, and create a more favorable legal corridor for investors, contribute to improving the investment environment in the petroleum sector of Vietnam.

According to the information from Ha Tinh provincial people’s committee, Ministry of Industry and Trade has just approved the plan for adjusting and adding the power development plan in Ha Tinh province in the period of 2016 - 2025 with a vision to 2035- plan for the 110kV grid development with adding to it the Cam Hung and Son Quang solar power projects.

The Ministry of Industry and Trade has issued the Circular No 32/2016 BCT for the National Technical Regulation on Mining Capstan Safety applied for the organizations and personals relating designing, manufacturing, installing, using, fixing, checking, testing and verifying mining capstans in Vietnam.

Ministry of Industry and Trade has issued the National Technical Regulation on the Metallic Gas Pipelines.

The Ministry of Industry and Trade wants petroleum products from the Dung Quat Oil Refinery consumed domestically and not exported.

The Electricity of Vietnam (EVN)’s wholesale electricity prices sold to its power corporations in 2016 would be increased by two to five percent over last year.

The Ministry of Industry and Trade has granted permission for importing at least 8.18 million tonnes of oil and petrol products this year to 19 petroleum trading companies.