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2 clusters · 3 sources · 9 days · First seen · Last updated

Vietnam energy and mineral sector regulation

Overview

Vietnam’s Ministry of Industry and Trade has introduced new regulatory measures concerning the country’s geological and energy sectors.

In late September 2026, the Ministry issued two circulars to govern mineral resources. Circular 54/2026/TT-BCT regulates the exploitation and recovery of minerals, establishing priority protocols for applicants in non-auction areas based on dossier submission timing and equity capital. Circular 53/2026/TT-BCT focuses on geological investigations and potential assessments, mandating specific mapping scales and the integration of GIS technology and digital databases.

Following these mineral regulations, the Ministry proposed a new legal framework in October 2026 specifically for carbon capture and storage (CCS) within the oil and gas sector. This draft decree emphasizes rigorous geological and hydrodynamic assessments to mitigate risks such as CO2 leakage and environmental impact. The proposal also seeks to allow contractors to integrate CCS activities into existing contracts while addressing technical safety, decommissioning, and carbon credit revenue mechanisms.

Entities

Ministry of Industry and Trade

Timeline

  1. [BUSINESS] 3 sources
    Vietnam proposes new legal framework for oil and gas carbon capture

    Vietnam's Ministry of Industry and Trade proposes a new legal framework for carbon capture and storage (CCS) within the oil and gas sector, requiring strict geological and risk assessments.

  2. [BUSINESS] 2 sources
    Vietnam Ministry of Industry and Trade issues new mineral regulations

    Vietnam's Ministry of Industry and Trade issued new circulars regulating mineral exploitation and geological mapping, emphasizing equity capital and digital data in resource management.

Sources

baochinhphu.vn · doanhnghiephoinhap.vn · thuonghieusanpham.vn