“Such a scenario would be highly negative for PVN’s upstream portfolio, which mostly comprises of joint-ventures with foreign entities in offshore and mature producing areas. According to industry sources, PVN’s breakeven cost per barrel is believed to be in the region of US$51 per barrel, far above the $36.3 per barrel averaged in March and also above the $43 per barrel that Brent is expected to average in 2020, according to our forecast. This risks most of the PVN’s existing output and informs our expectation for overall crude oil and natural gas production in Việt Nam to suffer year-on-year declines of 5 per cent and 1 per cent, respectively, in 2020,” Fitch said. … [Read more...] about COVID-19, price decline hit Việt Nam’s oil industry
Tin viet nam
HÀ NỘI — Deputy Minister of Foreign Affairs Nguyễn Quốc Dũng on Friday handed over medical equipment worth over VNĐ7 billion (US$304,000) as gifts from the Vietnamese Government and people to their Lao and Cambodian counterparts to fight the COVID-19 pandemic. … [Read more...] about COVID-19: Việt Nam presents medical equipment to Laos, Cambodia
Today, on April 4, the United Nations and its Member States mark International Mine Awareness Day, a day to remember the thousands of civilians around the globe, including many Vietnamese citizens, killed or injured by indiscriminate weapons left from wars and conflict. This is also a day to remember the many brave men and women working tirelessly throughout the country to rid the earth of this deadly legacy of war. True to this spirit, the 2020 campaign calls for us all to collaborate in achieving ambitious goals with the overall theme: Together for Mine Action: Give Life Back. As the Secretary-General said in his remarks, “the achievements of the mine action community show that, in working together, we can reach milestones once seen as impossible.” … [Read more...] about Removing all landmines and unexploded ordnance in Việt Nam by 2030, can it be done?
Other Vietnamese photographers Dương Văn Nhi; Đặng Kế Cường; Nguyễn Thị Hồng Lân; Hồ Trung Lâm and Nguyễn Xuân Tuyến were also honoured at the contest. … [Read more...] about Việt Nam grabs gold medals at In’t photo contest
After receiving the news, the office requested the Viet Nam Maritime Rescue Coordination Centre to collaborate with its Chinese counterpart to rescue the crew members of the vessel. They were then taken to safety by a nearby fishing boat two hours later. All fishermen are in a stable condition. … [Read more...] about Fishermen rescued after boat sinks near Hoàng Sa archipelago