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Modernisation a necessity for boom in home petrol market


Modernisation a necessity for boom in home petrol market
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 08/07/2021
  
11:36
GMT+7
To foster a competitive market mechanism while remaining in control of the petroleum market, Vietnam could impose a foreign ownership cap of 35 per cent in the sector.
There are tricky regulatory hurdles to overcome if Vietnam wants strong overseas involvement in its petroleum industry. Photo: Le Toan
Vietnam has long maintained the rule that foreign-invested enterprises are not allowed to export, import, and distribute petroleum. But as the country’s market economy is gradually taking shape, the country is now aiming to create new capital flows and help the petrol and oil sector to operate more smoothly and under the market mechanism. ....

Han I , Republic Of , H Chíinh , Nghi Son , Qu Ng Nam , Nguyen Tri Thanh , Nguyen Tri Hieu , Upv Oil , Co Ltd , Ministry Of Industry , Central Institute For Economic Management , World Trade Organization , Jx Nippon Oil Gas Exploration Corporation , Nghi Son Refinery , Gas Exploration Corporation , Central Institute , Economic Management , ஹான் நான் , குடியரசு ஆஃப் , ங்கி மகன் , கூ ங் நாம் , ஂக்யந் திரி ஹ்யூ , பி.வி. எண்ணெய் , இணை லிமிடெட் , அமைச்சகம் ஆஃப் தொழில் , மைய நிறுவனம் க்கு பொருளாதார மேலாண்மை ,