35.3 C
Ho Chi Minh City
Tuesday, August 5, 2025

spot_img

TAG

LNG

Looking toward the future

Over the past thirty years, trade cooperation has been the cornerstone of the Vietnam–U.S. relationship. To move further forward, both sides need to shift from being trade partners to becoming development partners. The first time I met an American was back in 1995. A young backpacker had gotten lost in my district—a rural area with little to offer in terms of tourism. At that time, very few people spoke English. Fortunately, a neighbor who had just completed a basic English course had enough vocabulary to give her directions. The traveler thanked her before bidding farewell to the curious crowd and most of the people there had seen a “foreigner” for the first time in their lives. That year, when Vietnam and the United States had just normalized diplomatic ties, she was one of more than 57,000 Americans who visited the country. Thirty years later, in 2024, that number had grown fourteenfold to 780,000. That remarkable transformation is not merely a story of tourism—it reflects a profound shift in the relationship between the two nations that once stood on opposite sides of the battlefield. Since 1995, U.S.–Vietnam relations have made remarkable strides, particularly in trade cooperation. Bilateral trade volume surged from […]
To read more, please click here.

U.S. giant eyes LNG infrastructure development in Vietnam

HCMC - U.S.-based Excelerate Energy has urged the Vietnamese Government to facilitate its plan to develop LNG infrastructure in Vietnam. Prime Minister Pham Minh Chinh...

Vietnam, U.S. firms ink US$4.15 billion LNG, equipment deals

HCMC - Vietnamese and U.S. businesses have signed cooperation agreements worth US$4.15 billion, covering liquefied natural gas (LNG) purchases, equipment procurement, and investment, marking...

LNG power price cap set at nearly VND2,600 per kWh

HCMC – The Ministry of Industry and Trade has approved the electricity price framework for liquefied natural gas (LNG) power plants for 2024, setting...

Vietnam to spend big on fuel storage capacity expansion

HCMC – Vietnam will spend an estimated VND270 trillion (US$11.4 billion) by 2030 to enhance its petroleum and gas reserves and strengthen its supply...

Binh Thuan greenlights LNG terminal project

HCMC – The provincial government of Binh Thuan has given the go-ahead for a liquefied natural gas (LNG) terminal project worth a whopping US$1.34...

PV GAS to receive first LNG shipment to Vietnam next week

HCMC - PetroVietnam Gas Joint Stock Corporation, or PV Gas, is set to take delivery of its inaugural liquefied natural gas (LNG) shipment at...

PVPower selects MB, Techcombank to arrange capital for Vietnam’s first LNG projects

HCMC - PetroVietnam Power Corporation (PVPower) on October 4 held a ceremony to announce the selection of Techcombank and the Military Commercial Joint Stock...

Latest news

spot_img