Deputy PM demands precision on fuel storage infrastructure planning

Deputy Prime Minister Tran Hong Ha had a meeting with the verification council for the draft planning on national petrol, oil, and gas storage and supply infrastructure for 2021 - 2030, with a vision to 2050, in Hanoi on March 30.
Deputy PM demands precision on fuel storage infrastructure planning ảnh 1Deputy PM Tran Hong Ha speaks at the meeting on March 30. (Photo: VNA)
Hanoi (VNA) – Deputy PrimeMinister Tran Hong Ha had a meeting with the verification council for the draftplanning on national petrol, oil, and gas storage and supply infrastructure for2021 - 2030, with a vision to 2050, in Hanoi on March 30.

Stressing the importance tonational energy security, he requested that the planning have high precisionand feasibility, match the set tasks and targets, and guarantee active andstable energy supply for the economy.

The official asked the Ministry ofIndustry and Trade and the advisory unit to ensure that shortcomings andproblems in the existing petrol, oil, and gas storage and supply infrastructureare pointed out and assessed in the draft planning.

He noted some issues in the fuelmarket in late 2022 and early 2023, and that the planning must take intoaccount demand in reality and be closely connected with the land, environment,transport, and urban planning.

Amid the growing trend of green andrenewable energy use, the planning also needs to closely follow the Party andState’s orientation, and facilitate science and technology application and digitaltransformation. It must also enable the connectivity among production, storage, and sellingestablishments to ensure supply and demand balance to help connect thecountry with global renewable energy hubs, Ha said.

Deputy PM demands precision on fuel storage infrastructure planning ảnh 2The meeting of the verification council for the draft planning on national petrol, oil, and gas storage and supply infrastructure for 2021 - 2030, with a vision to 2050 (Photo: VNA)
The Deputy PM also underlined thenecessity for environmental impact to be thoroughly assessed in the planning.

The draft planning sets up detailed targets for petrol, oil, and gas storageand supply infrastructure in the 2021 - 2030 and post-2030 periods, with about270 trillion VND (11.5 billion USD) to be invested in infrastructure developmentby 2030.

It gives priority to investment in the national storage infrastructure for crudeoil and petrol and oil products; large-scale petrol and oil warehouses in theareas of deep-water seaports; integrated petrol, oil, and aviation fuel warehousesin the areas of international airports; and large warehouses for importedliquefied natural gas to ensure supply for gas-fueled thermal plants.

The draft planning also puts forth six groups of measures about mechanisms andpolicies; investment capital mobilisation; science and technology; environment,fire and explosion prevention; human resources development; and internationalcooperation./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.