President Nguyen Xuan Phuc welcomes leading US energy enterprises

Update: 09:32 | 24/09/2021
Viet Nam always welcomes US investors and gives high priority to efforts to sustainably develop the energy sector with the goal of maintaining national energy security and reducing greenhouse gas emissions, President Nguyen Xuan Phuc has affirmed.
President welcomes leading US energy enterprises
President Nguyen Xuan Phuc and Vietnamese officials pose for a photo with ExxonMobil representatives. (Photo: VNA)

President Phuc made the statement while receiving leaders of the US’s leading energy enterprises on September 23 (local time), as part of his activities in New York to attend the 76th session of the United Nations General Assembly.

Receiving leaders of Exxon Mobil Corporation (ExxonMobil), Phuc suggested the corporation continue to work with Vietnamese partners and authorities to develop projects that it is interested in.

The activities of major US oil and gas companies, including Exxon Mobil, in Viet Nam's waters, especially in deep-water and high-potential areas, not only bring economic benefits to both sides, but also have important strategic significance, serving the two countries’ common goal of contributing to the maintenance of peace, stability, cooperation and development in the region.

President welcomes leading US energy enterprises
President Nguyen Xuan Phuc (right) presents gifts to NextDecade leaders. (Photo: VNA)

At his meeting with leading officials of NextDecade Corporation, the President stated that Viet Nam wishes to import liquefied natural gas (LNG) from the US, contributing to the harmonious and sustainable development of two-way trade.

He welcomed NextDecade's proposals in ensuring sustainable economic development and suggested NextDecade consider expanding investment and business cooperation and providing solutions to reduce carbon dioxide emissions for production and business establishments in Viet Nam.

President welcomes leading US energy enterprises
President Nguyen Xuan Phuc (right) receives a leader of Blackrock. (Photo: VNA)

Hosting leaders of Blackrock, a leading multinational investment management corporation, President Phuc welcomed Blackrock's interest in investing in energy development in Viet Nam, and suggested the company continue working with Binh Son Refinery and Petrochemical Company and relevant Vietnamese agencies to realise this idea.

As Blackrock has just established a climate fund with a priority to support developing markets to shift to clean energy, the Vietnamese leader shared that Viet Nam advocates energy diversification and makes the most use of renewable energy sources. He asked Blackrock to study investment prospects in Viet Nam.

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(Source: VNA)