Vietnam calls for international investments in LNG industry development
| |
Photo: MoiT/baocongthuong |
The 2017 International Conference on LNG production and consumption was held with participation of the Ministers of Energy of 14 countries, Representatives of international organization on LNG and over 1000 businessmen from more than 30 nationalities (accounting for 60% of export and 70% of import of LNG demand in the world).
In opening speech, Japanese Minister Seko Hiroshige pressed the rapid growth and change along with the opportunities and challenges of the LNG market in the world. To affirm the leading role of Japan in expanding LNG market in Asia, Mr. Seko Hiroshige stated the participations of the Japanese government in Asia LNG market development including “ 2 contributions” as a fund of US$ 10 billion (including LNG infrastructure development) and training 500 experts on LNG production and consumption within the five years; and “3 commitments” as to companion with the other countries in Asia LNG market development, putting forward the action program to create LNG demand by means of breakthrough measures, and promoting the role in building international consensus on common interests for LNG market development through the activities of the bilateral and multilateral dialogues.
| |
Minister of Industry and Trade Tran Tuan Anh speaks at the conference - Photo: MoiT/baocongthuong |
Speaking at the conference, the Minister of Industry and Trade Tran Tuan Anh mentioned the policy of Vietnamese government on strengthening to use renewable and clean energy, especially LNG for power generation.
Based on an analysis of current situation and trend of LNG market development of Vietnam, Mr. Tran Tuan Anh presented “5 opportunities” and “5 challenges” in Vietnam’s LNG industry to call for the foreign and domestic enterprises to cooperate in LNG market development in Vietnam.
On the sidelines of the conference, Mr. Tran Tuan Anh also had meetings with business representatives from countries attending the conference, and in particular held a bilateral meeting with Minister Seko Hiroshige.
At the meeting two Ministers discussed the cooperation mechanism between Vietnam and Japan on LNG development in particular and energy in general.
Two Ministers agreed to accelerate the energy projects invested by Japanese fund in Vietnam, and discussed multilateral trade agreements that Vietnam and Japan have jointed as well as the activities toward to the APEC Summit in early November in Da Nang city.
See also

Vietnam Manufacturing Expo & NEPCON Vietnam exhibition 2023 kick off
16:41 | 22/03/2023 Support industries

Offshore wind energy an essential base load power source: official
14:30 | 20/03/2023 Energy

Uncorking bottlenecks for support industry development
06:00 | 18/03/2023 Industry

Da Nang greens textile-garment industry
13:00 | 17/03/2023 Energy

High cost of construction materials puts pressure on Việt Nam's construction industry
10:13 | 15/03/2023 Industry

Thai Nguyen eases industrial cluster problems
15:00 | 10/03/2023 Industry promotion
See more news

Dak Lak seeks improved industrial policies
08:00 | 10/03/2023 Industry promotion

Vietnam eyes green hydrogen development
09:33 | 09/03/2023 Energy

Coffee industry needs sustainable development to target $6b in exports by 2030
07:00 | 08/03/2023 Industry

Diagnostic study on Net-Zero for energy sector in Vietnam kicked off
15:09 | 07/03/2023 Energy

Rise of February industrial production index
07:00 | 05/03/2023 Industry

Cashew industry moves to boost green production, consumption
08:00 | 03/03/2023 Industry

Unclogging textile-garment sector supply chain
06:00 | 01/03/2023 Support industries

Ba Ria-Vung Tau boosts industrial development
10:00 | 25/02/2023 Industry

Diversification needed in investment resources
07:00 | 24/02/2023 Industry

Auto industry heavily reliant on imports
06:00 | 22/02/2023 Support industries

Vietnam Manufacturing Expo & NEPCON Vietnam exhibition 2023 kick off
16:41 | 22/03/2023 Support industries

Visa exemption means int'l tourists can visit Phu Quoc for up to 30 days
16:32 | 22/03/2023 Tourism

Emirates unveils new signature livery for its fleet
16:14 | 22/03/2023 Companies

Bamboo Airways to launch Viet Nam’s longest domestic air route from April
14:53 | 22/03/2023 Vietnamese Brands

Việt Nam carries out measures for healthy forests
10:30 | 22/03/2023 Environment
Multimedia

Festivals in Sapa
10:05 | 22/03/2023 Entertainment

50th anniversary of Vietnam-Belgium diplomatic relations
07:00 | 22/03/2023 Infographic

Amazingly beautiful Ninh Thuan
09:13 | 20/03/2023 Video

Tra fish exports hold promise after China reopens borders
07:00 | 20/03/2023 Infographic

Lao Cai Province welcomes first Chinese tourists after three years
08:49 | 17/03/2023 Tourism

Animal feed industry asks for import tax reduction on raw materials
09:55 | 20/03/2023 Policy

Over 250 petitions submitted to authorities on fragility of petroleum regulations
18:07 | 16/03/2023 Policy

New legal documents in second half of February 2023
07:00 | 12/03/2023 Policy

Companies allowed to make bond payments with other assets
07:00 | 09/03/2023 Policy

Vietnam Manufacturing Expo & NEPCON Vietnam exhibition 2023 kick off
16:41 | 22/03/2023 Support industries

Offshore wind energy an essential base load power source: official
14:30 | 20/03/2023 Energy

Uncorking bottlenecks for support industry development
06:00 | 18/03/2023 Industry

Da Nang greens textile-garment industry
13:00 | 17/03/2023 Energy

US businesses exploring investment, business opportunities in Vietnam
10:01 | 21/03/2023 FDI

Da Nang hopes for further investment from RoK city
09:13 | 17/03/2023 FDI

Initiative speeds up investment disbursement
06:00 | 14/03/2023 Domestic investment

Hanoi builds synchronous policies to draw foreign investment
07:25 | 11/03/2023 FDI

Vietnam seeks response to corporate tax overhaul
06:00 | 20/03/2023 Finance-Banking

Vietnam’s regulatory interest rates to be reduced by 0.5-1 percent
07:05 | 16/03/2023 Finance-Banking

Global Minimum Tax a head-scratcher for Vietnamese policymakers
06:00 | 13/03/2023 Finance-Banking

Program seeks to solve business capital needs
13:00 | 10/03/2023 Finance-Banking

Việt Nam carries out measures for healthy forests
10:30 | 22/03/2023 Environment

COP28 President-Designate to co-chair Copenhagen climate ministerial meeting
09:46 | 22/03/2023 Environment

Practical effective activities urged to mark World Water Day
10:03 | 20/03/2023 Environment

BKEET steams ahead with waste treatment
13:00 | 15/03/2023 Make in Vietnam

Science, technology, innovation promoted to support national development
06:00 | 22/03/2023 Science - Technology

Vietnam introduces automated sorting system
13:00 | 20/03/2023 Make in Vietnam

Domestic ICT firms well-positioned to reach out to the world
06:00 | 20/03/2023 Science - Technology

Innovation platforms boosting sustainable development announced
06:00 | 18/03/2023 Science - Technology

Transport infrastructure fund needed to enhance Southeast regional linkages
09:52 | 21/03/2023 Society

Hà Nội to build new bridge crossing Red River
07:00 | 19/03/2023 Metropolis

Hoa Binh, sustainable investment destination
13:00 | 16/03/2023 Province

Singapore-Vietnam project benefits more than 2,500 renal patients
14:50 | 14/03/2023 Metropolis

Bamboo Airways to launch Viet Nam’s longest domestic air route from April
14:53 | 22/03/2023 Vietnamese Brands

King Coffee and Tín Thành Group partner to build a tyre plant in the US
10:20 | 20/03/2023 Vietnamese Brands

Vietjet announces first direct air route between Vietnam, Queensland
18:33 | 16/03/2023 Companies

Vietnamese businesses attend Foodex Japan 2023
06:00 | 13/03/2023 Foreign trade

Việt Nam's grilled bananas among world’s most delicious desserts
06:00 | 20/03/2023 Lifestyle

A dish to try beef-ore you go, Buôn Ma Thuột's famous beef in tamarind sauce
06:00 | 18/03/2023 Lifestyle

Indian community celebrates colour festival Holi in Vietnam
18:00 | 16/03/2023 Culture

Fireworks to light up Đà Nẵng's sky as international festival returns with a bang
06:00 | 16/03/2023 Entertainment

Visa exemption means int'l tourists can visit Phu Quoc for up to 30 days
16:32 | 22/03/2023 Tourism

New discoveries at the Citadel of Hồ dynasty
06:00 | 21/03/2023 Tourism

Tram Tau: A remote slice of heaven
06:00 | 19/03/2023 Province

Developers seek to create theme park in Đắk Lắk
06:00 | 19/03/2023 Tourism