Vietnam Issues Decree No. 132/2024/ND-CP on Offshore Investment in Oil and Gas Activities

Offshore Investment in Oil and Gas Activities in Vietnam, Decree No. 132/2024/ND-CP, Vietnam Offshore Investment in Oil and Gas Activities, Investment in Oil and Gas Activities in Vietnam

On October 15, 2024, the Vietnamese Government issued Decree No. 132/2024/ND-CP, prescribing regulations for offshore investments in oil and gas activities. This comprehensive decree provides a legal framework for investors seeking to engage in overseas oil and gas exploration, production, and related operations, ensuring alignment with both Vietnamese laws and the laws of host countries….

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