PV GAS ensures fuel supply in the North after typhoon Yagi
The Petrovietnam Gas Corporation (PV GAS) is focusing all its efforts on transporting LNG by rail from the South to the North to meet the fuel needs of industrial and residential consumers, especially amidst shortages caused by super typhoon Yagi, that hit Vietnam on September 7, and its subsequent floods.
A train carrying the first 16 ISO tanks containing LNG from the South to the North. (Photo: PV Gas)
Hanoi (VNA) - The Petrovietnam Gas Corporation (PV GAS) is focusing all its efforts on transporting LNG by rail from the South to the North to meet the fuel needs of industrial and residential consumers, especially amidst shortages caused by super typhoon Yagi, t♏hat hit Vietnam on September 7, and its subsequent floods.
With efforts to mitigate the impact of the natural disaster and restart industrial production and residential consumption, PV GAS has maintained a stable supply of gas products in the northern region.
Specifically, since September 9, PV GAS has resumed the operation of Ham Rong-Thai Binh gas system to provide low-pressure gas and CNG, and supplied LPG from the floating storage and port facilities in Thai Binh province and Hai Phong city, with a production volume of approximately 2,000 to 3,000 tonnes per day.
In the coming days, when industrial production and residential demand recover, the corporation will continue to ensure a steady supply of products at stable prices from both domestic and imported gas sources.
In an effort to ensure comprehensive energy supply for the northern region, on September 9 afternoon, a train carrying the first 16 ISO tanks containing LNG reached Dong Anh station in Hanoi, after a journey of 1,700km.
From there, they are expected to be transported by specialised tankers to industrial consumers in the region./.
The PetroVietnam Power Corporation (PV Power) logged some 9,411.7 million kWh in total electricity output between January and July, with an estimated total revenue of more than 17.99 trillion VND (721.78 million USD).
The Petrovietnam Gas Joint Stock Corporation (PV GAS) has completed the EPC (Engineering, Procurement, and Construction) work on three LPG storage tanks and put them into operation at PV GAS Vung Tau Terminal in the southern province of Ba Ria-Vung Tau.
Petrovietnam Gas (PV Gas), Petrovietnam Exploration Production Corporation (PVEP) and their Russian partner - the state-owned Zarubezhneft have agreed to continue their partnership to jointly exploit the Thien Nga-Hai Au gas field off Vietnam’s southeastern region.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
