Brunei, Vietnam mull oil, other tie-ups

A memorandum of understanding (MoU) for cooperation in oil and gas between Brunei and Vietnam is in the pipeline, the Vietnamese envoy in Brunei said. “Both countries are rich in oil and gas and they are exploring these natural resources, so they can cooperate,” Vietnamese Ambassador Ha Hong Hai said, adding that the MoU between Brunei National Petroleum and PetroVietnam, both state-run companies, could be signed within this year. (March 3, 2007)