Vietnam supports Russia’s investors in oil, gas sector

Vietnam will continue encouraging Russian oil and gas enterprises to expand investment in the country, said Deputy Prime Minister Trinh Dinh Dung.

Illustrative image (Source: VNA)

Illustrative image (Source: VNA)

The country has been supporting the partnership between Vietnamese and Russian oil and gas companies to enable them to seek cooperation opportunities in Vietnam, Russia and a third country, Dung stated at his reception for Russian Deputy Minister of Energy Sentyurin Yuri in Hanoi on May 18.

Both host and guest agreed that collaboration in energy, especially oil and gas, has been received special attention of the governments as it is one of the main and effective cooperative sectors in bilateral relations, which has generated huge revenue for their countries.

Dung asked Russia to continue creating favourable conditions for Rusvietpetro and Gazpromviet joint ventures to effectively implement oil and gas production projects in Russia.

They also exchanged views on several shortcomings during the implementation process of the projects and discussed measures to further boost bilateral cooperation in this field.

Vietnamplus

Other news

Most view

Banking-finance

US dollar deposit rate should be increased: experts

The State Bank of Vietnam (SBV) should increase US dollar reward rates, kept at 0 percent for the last one year, to suit world market changes, attract foreign currency for economic development and prevent the source from running abroad.

Economy

Real estate market to see big changes after mid August

Trading, merging and transfer activities of property projects will develop more strongly than before after August 15 when the National Assembly’s resolution on tackling bad debts becomes effective, reported HCMC Real Estate Association.

Self - introduction

“Taste of world” buffet in Liberty Central Saigon Center

Central restaurant is located on the 3rd floor of Liberty Central Saigon City point hotel where combines the comfort of tradition with modern design for people to experience regionally-sourced cuisine and fresh local seafood, especially lunch and dinner buffet.

Stock market

New market rule to improve trading quality

A new rule issued by the Hanoi Stock Exchange, allowing brokerages to become securities market members, is expected to improve the trading quality of Vietnam’s securities market.