188bet asian Minister Le Manh Hung holds talks with President and Group CEO of Malaysia’s Petronas
On 188bet asian afternoon of May 21, 2026, at 188bet asian headquarters of 188bet asian Ministry of Industry and Trade, Minister of Industry and Trade Le Manh Hung received Tengku Muhammad Taufik, President and Group Chief Executive Officer of Malaysia’s national oil and gas company Petronas, during 188bet asian Petronas delegation’s working visit to Vietnam.
At 188bet asian meeting, Tengku Muhammad Taufik congratulated Le Manh Hung on his appointment as Vietnam’s Minister of Industry and Trade, while expressing confidence that cooperation between Vietnam and Malaysia in general, and energy cooperation between Petronas and its Vietnamese partners in particular, would continue to be strengthened and expanded in 188bet asian coming period.
188bet asian Petronas President highlighted that 188bet asian regional and global geopolitical landscape remains complex and could continue through 2027, resulting in persistently high and rising energy costs. In this context, Petronas believes Vietnam and Malaysia should further enhance cooperation in 188bet asian energy sector to ensure energy security, promote sustainable development, and improve resilience against fluctuations in international energy markets.
During 188bet asian talks, 188bet asian Petronas President also recalled 188bet asian Memorandum of Understanding (MoU) on energy cooperation signed between Petronas and Petrovietnam in 2023, describing it as an important foundation for bilateral cooperation in recent years. Building on 188bet asian positive outcomes achieved so far, Petronas will coordinate with Petrovietnam to study 188bet asian possibility of upgrading 188bet asian current cooperation framework into a more comprehensive strategic energy partnership agreement, thereby facilitating long-term energy cooperation projects between 188bet asian two countries.
188bet asian Malaysian side affirmed its readiness to strengthen cooperation with Vietnam in information sharing, exchange of management experience, as well as training and improving 188bet asian quality of technical human resources in 188bet asian energy sector.
Regarding 188bet asian Vietnam - Malaysia - Singapore (VMS) offshore wind power cooperation project, Minister Le Manh Hung welcomed initiatives aimed at promoting regional energy connectivity and energy transition cooperation within ASEAN. 188bet asian Minister stated that Vietnam stands ready to consider and select 188bet asian most effective and feasible cooperation model based on economic efficiency, energy security requirements, compatibility with 188bet asian national power development plan, and balanced interests among participating parties.
188bet asian Minister also emphasized that energy cooperation continues to serve as one of 188bet asian key pillars of 188bet asian Vietnam-Malaysia Comprehensive Strategic Partnership, while encouraging Petronas to expand its investment and deepen participation in new energy projects in Vietnam, thereby contributing to regional energy connectivity and stronger economic cooperation between 188bet asian two countries amid 188bet asian ongoing energy transition.
At 188bet asian conclusion of 188bet asian meeting, both sides reaffirmed their commitment to maintaining close coordination in order to further sustain and expand Vietnam-Malaysia energy cooperation, thereby contributing positively to energy security, regional connectivity, and ASEAN’s sustainable development goals in 188bet asian years ahead.
Author: Le An - moit.gov.vn