Energy security push gains urgency as global risks rise
While Middle East tensions do not alter Vietnam’s strategic direction, they serve as a practical stress test for the country’s energy strategy.
Vietnam seeks priority passage for vessels through Strait of Hormuz
According to the administration, 19 vessels owned by Vietnamese enterprises are currently operating in the Middle East, including four flying the Vietnamese flag and 15 registered under foreign flags. Amid growing security concerns in the region, VIMAWA stressed the need for stronger coordination with relevant partners to safeguard maritime operations and crew safety.
PM stresses need to diversify oil supply at Nghi Son refinery for energy security
At a working session on March 29 with the refinery’s leadership during his working trip to the northern-central province of Thanh Hoa, Prime Minister Pham Minh Chinh underscored that diversifying oil supply is not merely an economic issue but also a matter of sovereignty, security and humanitarian concern.
Vietnam needs “breakthrough pushes” to ensure energy security
Le Huu Phuc, Vietnam’s Trade Counsellor in Thailand, said Vietnam should expand national crude oil reserves to ensure at least 90 days of supply in the event of major global disruptions.