The evolving nature of the petroleum industry means that revisions to the legal framework are already needed just four years after previous amendments were made.
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.
H.E. Shawn Steil, Ambassador of Canada to Vietnam, tells VET about the flourishing economic relations between the two countries as they mark the golden milestone of 50 years of diplomatic relations in 2023.
Twenty-eight years after the establishment of diplomatic relations in 1995, Vietnam and the US are trusted partners with a friendship grounded in mutual respect. This year marks the 10th anniversary of the Vietnam-US Comprehensive Partnership. On September 10, Vietnam and the US announced the establishment of Comprehensive Strategic Partnership for Peace, Cooperation, and Sustainable Development, a major, historic upgrade from the current Comprehensive Partnership.