RSS Feeds for Petroleum Law August 11, 2022 22:28
Vietnam Energy Forum
Collecting opinions on the Petroleum Law (amended) before submitting it to the National Assembly for approval

Collecting opinions on the Petroleum Law (amended) before submitting it to the National Assembly for approval

On August 2, in Da Nang City, the Economic Committee of the National Assembly (NA) in collaboration with the Ministry of Industry and Trade held a workshop to collect opinions on the Petroleum Law (amended) for further improving the draft Law to submit to the National Assembly for considering and approving it at the next fourth session. This is an important bill, expected to establish a fully worked-out and synchronous legal framework for promoting and developing petroleum activities. Especially for restoring the attractiveness of the investment environment in the petroleum sector and not wasting the national fossil resources.
The Ministry of Industry and Trade proposes to amend the Petroleum Law

The Ministry of Industry and Trade proposes to amend the Petroleum Law

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.
Law revision needed for oil and gas industry development

Law revision needed for oil and gas industry development

The oil and gas industry meets about 40 percent of Vietnam’s primary energy demand and plays a crucial role in the country’s national energy security. However, the sector is facing difficulties due to regulations and policies that no longer satisfy its actual development demands.