Vietnam Today

Vietnam and France reaffirmed the importance of maintaining peace, security, and stability in the East Sea and of full respect for the 1982 United Nations Convention on the Law of the Sea (UNCLOS).

The system should be restructured with intermediaries reduced as much as possible, input costs lowered and the fuel pricing mechanism reformed to ensure adequate supplies under all circumstances.

The Government has issued an action plan to implement the Politburo Resolution on developing tourism into a leading economic sector.

By ownership structure, the list comprises 99 private-sector companies, 73 State-owned enterprises (SOEs), and 28 foreign-invested enterprises (FIEs) and joint ventures.

The 2026 Petroleum Law introduces a number of new provisions concerning investment incentives for petroleum activities, carbon capture and storage, the development of offshore energy infrastructure, and high-tech petroleum engineering services associated with petroleum activities, among other areas.

General Secretary and President To Lam stressed that the two countries should move from bilateral cooperation toward jointly building value chains serving ASEAN, the European Union, and global markets.