Vietnam’s energy sector has a substantial task ahead of it in ensuring that power supplies are commensurate with growing demand during the country’s new era of development.
A recent Vietnam Economic Times / VnEconomy forum was among the best opportunities for stakeholders to comment and contribute opinions on substantive revisions to the Law on Petroleum and later, the amended law was passed by the National Assembly on August 23.
Monthly statistics in June show that the domestic macroeconomy in Vietnam remains stable. Inflation is effectively controlled, maintaining a level conducive to supporting economic growth. Notably, GDP in the second quarter of 2024 reached nearly 7 per cent, and exports continued to achieve impressive growth, playing a crucial role in driving economic development....