Vietnam vehicle market expands 8% in March

Vietnam’s new vehicle market expanded by 8% to 26,079 units in March 2025 from 24,133 units a year earlier, according to wholesale data released by the Vietnam Automotive Manufacturers Association (VAMA).

Petrovietnam, Petronas Extend PSC for Offshore Block

Vietnam’s state oil firm Petrovietnam and Malaysia’s Petronas signed a deal to extend their long-standing Production Sharing Contract for an offshore oil block that overlaps a maritime boundary between the two countries, Petrovietnam said on Wednesday.