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August 24, 2021 | 14:33

Petroleum Law 'outdated' as industry develops

The Petroleum Law was passed by the National Assembly in 1993 and underwent two revisions in 2000 and 2008. Given the comprehensive changes seen in the oil and gas industry, many provisions in the law have become obsolete and are no longer attractive to investors, and some regulations create obstacles.

Petroleum Law 'outdated' as industry develops
Photo: Illustration

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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