Vietnam Petroleum Institute
Encyclopedia
Vietnam Petroleum Institute (VPI) was established on May 22, 1978. It is based in Hanoi
Hanoi
Hanoi , is the capital of Vietnam and the country's second largest city. Its population in 2009 was estimated at 2.6 million for urban districts, 6.5 million for the metropolitan jurisdiction. From 1010 until 1802, it was the most important political centre of Vietnam...

, with a branch in Ho Chi Minh City
Ho Chi Minh City
Ho Chi Minh City , formerly named Saigon is the largest city in Vietnam...

.

The Institute's assigned functions and tasks are as follows:
  • Carrying out scientific and technological studies in the fields of prospecting
    Prospecting
    Prospecting is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking.Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by mineral resource companies to find commercially viable ore...

    , exploration
    Exploration
    Exploration is the act of searching or traveling around a terrain for the purpose of discovery of resources or information. Exploration occurs in all non-sessile animal species, including humans...

    , production, transportation, storage distribution, economics and management of oil and gas; cooperating with local and international organizations in these fields.
  • Providing scientific and technical services for companies inside and outside the petroleum industry
    Petroleum industry
    The petroleum industry includes the global processes of exploration, extraction, refining, transporting , and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline...

     as well as for foreign oil companies.
  • Providing scientific and technological consultancy for Vietnamese Government
    Politics of Vietnam
    Notwithstanding the 1992 Constitution's affirmation of the central role of the Communist Party, the National Assembly, according to the Constitution, is the highest representative body of the people and the only organization with legislative powers. It has a broad mandate to oversee all government...

     and Petrovietnam
    Petrovietnam
    PetroVietnam is the trading name of Vietnam Oil and Gas Group . PetroVietnam has developed rapidly since it was established in 1977, and its activities, through its various companies and wholly owned subsidiaries, now cover all the operations from oil and gas exploration and production to...

    , State agencies and foreign oil companies in the fields of prospecting, exploration, production, transportation, storage and economics of oil and gas.
  • Providing training to improve professional capability of personnel working in the oil and gas industry, including post - graduate programs.
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