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Party leader pledges favorable conditions for foreign investment in energy

Party leader pledges favorable conditions for foreign investment in energy

(VOVWORLD) -Vietnam will continue to create favorable conditions for foreign firms’ investment and business activities in Vietnam’s energy sector, including those from the United States, Party General Secretary To Lam told Eric Hambly, President and CEO of Murphy Oil Corporation of the US.

Party General Secretary To Lam receives Eric Hambly, President and CEO of Murphy Oil Corporation. Photo: Thong Nhat/VNA

During a reception in Hanoi on Wednesday, General Secretary Lam applauded the Corporation for its long-term investment and business in Vietnam with positive results. He suggested that Murphy Oil Corporation continue to closely coordinate with Vietnamese partners to speed up the implementation of oil and gas projects in Vietnam, technology and knowledge transfer, and training of high-quality human resources.

Eric Hambly briefed the Party leader on the Corporation's global business strategy, in which he said Vietnam continues to be an important partner. He reiterated the commitment to increase investment in Vietnam, work closely with Vietnam in developing the oil and gas industry, transferring technology, and training high-quality human resources.

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