Comrade Nguyen Duc Hien, Deputy Head of the Central Economic Commission, spoke at the Workshop to assess the implementation of policies and orientations on the development strategy of Vietnam's oil and gas industry according to Resolution No. 41-NQ/TW of the Politburo. (Source: PVN)

The workshop "Assessing the implementation of policies and orientations on the development strategy of Vietnam's oil and gas industry according to Resolution No. 41-NQ/TW dated July 23, 2015 of the Politburo and proposing key viewpoints, goals, tasks and solutions for the period up to 2030, with a vision to 2045" was organized by the Central Economic Committee in coordination with the Vietnam National Oil and Gas Group (PetroVietnam).

Co-chairing the workshop, comrade Le Manh Hung, Deputy Secretary of the Party Committee, General Director of the Vietnam National Oil and Gas Group (PetroVietnam), Deputy Head of the Editorial Board, stated that after more than 7 years of implementing Resolution No. 41-NQ/TW of the Politburo, PetroVietnam has basically completed the goals and tasks assigned in Resolution 41-NQ/TW.

With 62 years of tradition and 48 years of formation and development, PetroVietnam has always received special attention from the Party and State. Up to now, PetroVietnam has become the leading economic group of the country and made important contributions to the socio-economic development of the country.

However, besides the advantages in implementing Resolution 41-NQ/TW, new situations, difficulties and challenges have emerged affecting the development of the Vietnamese oil and gas industry and PetroVietnam such as scope, area of ​​operation, policy mechanisms, market difficulties, digital transformation, green transformation, circular economy, etc.

Those difficulties and challenges need to be analyzed and evaluated comprehensively and objectively, on that basis, propose to the Party and State strategic adjustments of the oil and gas industry and of PetroVietnam in the coming time.

At the workshop, delegates focused on discussing a number of issues such as: Assessing Vietnam's oil and gas potential; new approaches and thinking on the development strategy of Vietnam's oil and gas industry in the new situation; perfecting mechanisms, policies and laws for the development of Vietnam's oil and gas industry by 2030, with a vision to 2045; developing reserve infrastructure and perfecting petroleum business policies and mechanisms to meet domestic market demand; developing Vietnam's oil and gas industry in conjunction with national defense - security - foreign affairs tasks...

Dung Quat Oil Refinery. (Source: PVN)

Many comments from experts, managers of PetroVietnam and related ministries and branches on major and key contents of the draft Project such as: propaganda work, implementation of Resolution 41-NQ/TW, especially the issue of institutionalization; results of implementation of viewpoints, general goals, specific goals; discussion, assessment of achieved results, limitations, shortcomings and causes; assessment of implementation of tasks and solutions;...

Delegates also made comments and discussed frankly and objectively the domestic and international context; proposed specific viewpoints, goals and directions, especially major issues such as: oil and gas market, oil and gas infrastructure construction; attracting and improving the efficiency of investment capital use, developing science and technology, innovation; developing high-quality human resources; international cooperation, green growth, sustainable development of the oil and gas industry, in which the Vietnam National Oil and Gas Group plays a core role as a national energy industry group.

From the Conference, many recommendations and proposals were also raised, in order to ensure keeping up with the trend of the times, as well as to remove existing problems, build specific mechanisms and policies to ensure rapid and sustainable development of the oil and gas industry. It is necessary to soon submit to the Politburo for consideration and issuance of a new resolution on "Strategic orientation for the development of Vietnam's oil and gas industry to 2030, with a vision to 2045".