Chinese firm bags contract for oil refinery

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VietStock FI English 11 hour(s) ago

Chinese firm bags contract for oil refinery

The Cambodian firm set to operate the Kingdom’s first oil refinery inked an agreement yesterday with a Chinese state-owned petroleum company to cover the landmark project’s first phase of construction.

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Block D offshore oil licence revoked

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VietStock FI English 2 day(s) ago

The government revoked the offshore oil exploration license of CPHL (Cambodia) Co Ltd after the project failed to meet the terms of its petroleum agreement, a state official said yesterday.

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Thailand’s Siam Cement eyes Vietnam

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Báo Thanh Niên English 6 day(s) ago 1 related news

Thailand’s Siam Cement eyes Vietnam

Siam Cement has announced plans to expand operations in Southeast Asia by setting up a plant in Vietnam, where there have been forecasts of a rise in demand.

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Scant details emerge on petroleum pipeline project

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VietStock FI English 6 day(s) ago

Scant details emerge on petroleum pipeline project

The Council of Ministers has granted a petrochemical company two years to conduct feasibility studies for constructing a network of oil and gas pipelines to crisscross Cambodia, but details about the pipeline project and the company set to carry out the study are about as murky as the liquid contents expected to flow through it.

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Gigantic Victory Nhon Hoi oil refinery downsized

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Báo Đầu Tư English 1 week(s) ago

Gigantic Victory Nhon Hoi oil refinery downsized

Victory Nhon Hoi, a multi-billion dollar oil refining and petrochemical project in Vietnam’s south-central coastal province of Binh Dinh, which has stalled for three years, is likely to see its capacity and scope downsized.

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Economists welcome plan to open oil retail market to foreign businesses

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Báo Thanh Niên English 1 week(s) ago

Economists welcome plan to open oil retail market to foreign businesses

With the government set to license foreign companies to distribute oil products for the first time, economists are hopeful it will herald the elimination of what is virtually a state monopoly.

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CPI picks up slightly in April

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Báo điện tử CP English 1 week(s) ago

CPI picks up slightly in April

VGP - The consumer price index (CPI) went up 0.33% against March and posted a year-on-year growth of 1.89%, according to the General Statistics Office (GSO).

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Foreign petroleum firms penetrate local markets

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Báo Đầu Tư English 1 week(s) ago

Foreign petroleum firms penetrate local markets

The participation of foreign investors in the distribution of petroleum products in Vietnam is breaking the monopoly previously held by domestic companies, and is increasing the overall competitiveness of the market.

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Economic highlights – April 18-24

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Báo điện tử CP English 1 week(s) ago

VGP - The PM's upcoming meeting with businesses; the 4th negotiation round on trade deal among Viet Nam, Laos, and Cambodia; the Foreign Ministry's conference promoting Asia-Europe partnership; and the attainment of a trade surplus of US$1.36 billion in Q1 are economic highlights from April 18-24.

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Oil ends markets' losing streak

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Báo Đầu Tư English 1 week(s) ago 1 related news

Oil ends markets' losing streak

Vietnamese shares rebounded from recent losing streaks on both local markets yesterday as rising oil prices lifted energy stocks.

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Idemitsu Kosan, Kuwait Petroleum International to distribute fuel in Vietnam

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Báo Đầu Tư English 2 week(s) ago

Idemitsu Kosan, Kuwait Petroleum International to distribute fuel in Vietnam

Japanese company Idemitsu Kosan Co., Ltd. and Kuwait Petroleum International Ltd. (KPI) have recently applied to register a joint venture company to distribute petroleum products in Vietnam.

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Foreign enterprises to join petroleum retail market

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Báo điện tử CP English 2 week(s) ago 1 related news

Foreign enterprises to join petroleum retail market

VGP – Some foreign enterprises will be permitted to distribute petrol in Viet Nam when they invest in oil refinery projects in the Southeast Asian nation.

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Press digest – April 20

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Báo điện tử CP English 2 week(s) ago

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Vietnam to open fuel market to foreign firms, 10 years after WTO entry

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Báo Tuổi Trẻ English 2 week(s) ago

Vietnam to open fuel market to foreign firms, 10 years after WTO entry

While Vietnam decided not to open up its fuel market to foreign investors when it joined the World Trade Organization nearly ten years ago, that door is set to be opened for international stakeholders in oil refinery projects across the country.

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Vietnam’s stocks down on oil prices after Doha talk

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Báo Dân Trí English 2 week(s) ago

Vietnam’s stocks down on oil prices after Doha talk

Vietnamese shares fell sharply on both local markets on April 19 as energy stocks suffered from recent falls in oil prices.

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