The Prime Minister chairing a meeting with the Government's Working Group to discuss measures to ensure energy security for socio-economic development.
The two main maritime routes from Vietnam to the Middle East and Europe are facing different scenarios but share the same outcome: difficulty and increased costs.
The Government's Resolution 36 grants Petrovietnam and its subsidiaries greater autonomy in the trading and importation of crude oil and raw materials for fuel production to mitigate the risk of supply chain disruptions from the Middle East.
Prime Minister Pham Minh Chinh expressed his deep concern over the developments of the current conflict in the Middle East, calling on relevant parties to exercise restraint, promote efforts to reduce tensions, seek solutions to peace in the region…
Prime Minister Pham Minh Chinh and Kuwaiti Prime Minister Sheikh Ahmed Abdullah Al-Ahmad Al-Sabah holding phone talks on March 9, discussing bilateral ties and regional situation.
The stabilization mechanism would be considered when retail petroleum prices surge sharply within one month, with a cumulative increase of at least 20 per cent, according to a proposal from the Ministry of Industry and Trade.