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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.

Royal Dutch Shell PLC expressed its interest in becoming the liquefied natural gas (LNG) supplier for PetroVietnam’s projects, while simultaneously penetrating deeper into the Vietnamese petroleum distribution system via acquiring a stake in PetroVietnam Oil Corporation (PV Oil).

The Nippon Sheet Glass (NSG) Group (Japan) recently informed that it will invest around US$ 365 million in expanding solar energy glass in the context of decreasing renewable energy demand in Japan.

In the morning of February 24th, in Long Son communa, Vung tau town Ba Ria - Vung Tau province, the Prime Minister (PM) Nguyen Xuan Phuc attended the groundbreking ceremony of Southern Oil Refinery Complex (Long Son Petrochemicals - LSP) – a key project of the country.

In Vung Tau city has been held the signing ceremony on comprehensive cooperation between the Singapore Enterprize Energy & RE Global Solution and the associate of PetroVietnam Construction Joint Stock Corporation (PVC) and Vietsovpetro (VSP) to develop an offshore wind power project in Vietnam. The project is located in 30 km from Binh Thuan sea coast and has a capacity of 1200 MW, total investment level of US$ 3.5 billion. The investment of the project will be diverged in two phases as 600 MW in 2018 - 2021 and 600 MW in 2021 – 2023.

The People’s Committee of Ba Ria – Vung Tau province has just sent an official document to ask the General Department of Energy (GDE), Ministry of Industry and Trade to appraise and submit for Prime Minister’s approval supplementing 100MW solar PV project in Chau Duc Industrial Zone into National Power Development Planning.

On January 29th, 2015, at the PetroVietnam Technical and Service Corporation (PTSC) Lower section Port in Vung Tau city, PTSC M&C was held a Groundbreaking Ceremony of manufacturing ST PIP compressor for the White Lion mine.