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Vietnam gas consumption to double in next 10 years: Fitch Solutions Gas demand is expected to rise from about 9.7 billion cubic meters (bcm) in 2020 to above 25.3bcm in 2030, while influx of LNG helps to counter the decline in domestic production. Vietnam’s gas consumption is predicted to accelerate strongly over the coming decade, more than doubling, over the duration of the upcoming Power Development Plan VIII (PDP VIII) [2021-2030]. “The potential of the Vietnamese gas market is strong,” stated the Fitch Solutions in a note, saying in comparison to markets similar in terms the size of the consumer market as measured by population, Vietnam appears undersupplied in gas both in terms of absolute consumption volume and per capita. The domestic gas network is also found deficient with Vietnam ranking 15th out of 17 Asia-Pacific gas markets as per the CIA Factbook in terms of total gas pipeline length, despite having historically been self-sufficient in gas. The … [Read more...] about VIETNAM BUSINESS NEWS APRIL 13

Do Van Chien named President of VFF Central Committee Do Van Chien, President of the VFF Central Committee for the ninth tenure, speaks at the meeting in Hanoi on April 12 Do Van Chien, Secretary of the Party Central Committee and Secretary of the Party Delegation of the Vietnam Fatherland Front (VFF), has been assigned as President of the VFF Central Committee for the ninth tenure (2019-2024). The VFF Central Committee held a meeting in Hanoi on April 12 to discuss the appointment of its President and additional members to its Presidium. All in attendance agreed to assign Chien as a member of the VFF Central Committee and its Presidium, and President of the VFF Central Committee for the ninth tenure. His predecessor, Politburo member Tran Thanh Man, was recently elected Vice Chairman of the 14th National Assembly (NA). In his inauguration address, Chien said the VFF should push ahead with performing its duties in the election of deputies to the 15th NA and all-level … [Read more...] about VIETNAM NEWS HEADLINES APRIL 13

Lonely Planet, a large travel guide book publisher, has named top eight national parks in Vietnam. Vietnam is the home to 34 national parks. These vast green spaces are home to gargantuan caves, dramatic limestone mountains, golden coastlines and dense thickets of jungle where gibbons dangle from vines and the promise of adventure lurks behind every mangrove tree. Cat Tien National Park Cat Tien National Park. The 72,000-hectare Cat Tien National Park in the southern province of Dong Nai comprises an amazingly-biodiverse region of lowland tropical rainforest. The hiking, mountain-biking and bird-watching here are some of the best in the country. Phong Nha-Ke Bang National Park Phong Nha-Ke Bang National Park. With jagged hills shrouded in rainforest, and mountain rivers coursing through impressive ravines, above ground the Phong Nha-Ke Bang region in the central province of Quang Binh is one of Vietnam's most spectacular national parks. … [Read more...] about Lonely Planet names top eight national parks in Vietnam