Vietnam's oil and gas industry reaffirms role in driving marine economy
Hanoi, July 21 -- Nearly eight years after the adoption of the Party Central Committee's Resolution No. 36-NQ/TW on Vietnam's Strategy for Sustainable Marine Economic Development to 2030 with a vision to 2045, the country's oil and gas industry has reinforced its position as a key driver of the marine economy through strong production, investment and contributions to national energy security. However, further legal and institutional reforms are also needed to unlock new growth opportunities and support the sector's transition toward cleaner energy and higher-value marine industries. Strong performance despite challenges According to General Director of the Vietnam National Industry-Energy Group (Petrovietnam) Le Manh Cuong, the group prod...
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