Russian Energy Minister visits and works at Vietsovpetro
17:08 | 08/04/2015 Industry
In the framework of the official visit to Vietnam of the Russian Prime Minister Medvedev, Russian Energy Minister Novak Alexander Valentinovich; CEO of Zarubezef (ZBN) Kudriasov Sergei Ivanovich visited and worked with Vietsovpetro (VSP).
Industry promotion 2015 sticks to rural facilities
16:27 | 02/04/2015 Industry
(VEN) - Deputy Minister of Industry and Trade Ho Thi Kim Thoa when addressing the review conference of the Agency for Regional Industry Development (ARID)’s activities in 2014 and tasks for 2015 noted that the content of industry promotion activities in 2015 needed to focus on the rural industrial facilities, implement more practical and specific projects to further improve the efficiency of industry promotion activities.
Circulation of diesel oil with 0.25 percent sulfur to stop
14:46 | 01/04/2015 Industry
(VEN) - Prime Minister Nguyen Tan Dung recently agreed on stopping the circulation of diesel oil with 0.25 percent sulfur (DO 0.25 percent S) from January 1, 2016. Currently, two kinds of diesel oil are circulated in the Vietnamese market (DO 0.05 percent S and DO 0.25 percent S). High content of sulfur in diesel oil generates sulfuric acid which erodes engines and counteracts the effects of lubricants, shortening the life-span of engines. Using DO 0.25 percent S causes more environmental pollution than using DO 0.05 percent S. Moreover, the simultaneous circulation of two kinds of diesel oil in the market makes it difficult for state authorities as well as petroleum wholesalers to manage product quality.
Increasing efficiency in public lighting
11:20 | 26/03/2015 Industry
(VEN) - According to the Energy Conservation Center of Ho Chi Minh City (ECC HCMC), electricity usage for lighting in Vietnam accounts for 35 percent of total power consumption, while this rate elsewhere in the world is only 16-17 percent. In big cities, high-pressure mercury or high-pressure sodium lights are still used for public lighting. In Hanoi, these non-eco-friendly types are found in 52 percent of all public lighting; in Bac Giang, 65 percent; in Tuyen Quang, 100 percent; and in Ben Tre, these high-pressure lights account for 83 percent of the public lighting total. As such, the potential for improvement in public lighting energy efficiency in Vietnam is huge, and solutions to increase energy efficiency have been applied in several localities, including Ben Tre Province.
PetroVietnam feels concerned for impending FTAs
14:30 | 24/03/2015 Industry
Vietnam’s oil giant PetroVietnam has just raised concerns over the country’s impending implementation of free trade agreements, claiming this could negatively affect budget contribution of the country’s first oil refinery at Dung Quat and the profitability of the group.