The Viet Nam National Industry - Energy Group (Petrovietnam)’s activities in the US during Party General Secretary and President To Lam’s working trip came as the energy sector faces rising domestic demand, volatile international markets, tougher supply security requirements and an energy transition that demands more capital and technology.

The Vietnamese leader reaffirmed Viet Nam’s commitment to achieving net-zero emissions by 2050, identifying renewable energy development and green transition as strategic priorities. He proposed three key directions for cooperation to deal with energy risks and ensure supply chains.

Senior Coordinator at Indonesia’s Institute for Defence and Strategic Studies (LESPERSSI) Beni Sukadis has detailed how Jakarta is responding to energy supply shocks amid geopolitical tensions in the Middle East, and offered policy suggestions to Viet Nam during an interview recently granted to the Viet Nam News Agency.

Tensions in the Middle East in early March 2026 have sent global energy markets into a price storm, with crude oil and petroleum products surging sharply. This development has not only strained economies heavily dependent on fuel imports but has also tested the response capacity of many countries.

Minister of Industry and Trade Nguyen Hong Dien is in Moscow to attend the Russian Energy Week ( REW 2022 ) International Forum, which was opened at Manege Central Exhibition Hall on October 12.

Oil prices were mixed a day after the world's major oil producers announced moderate production cuts. Oil-exporting countries declared their readiness to protect oil prices, while importers tried to restrain and impose a ceiling on the price of black gold.