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1. THE CONDITION OF MONOPOLY OF PETROVIETNAM

* The natural condition

Viet Nam has abundantly natural condition, in which oil and gas are the valuable sources of energy to be exploited in order to meet the needs of broadcast on the country's economy . Also geographical location at the tip top of the Southeast Asia region , and has a long coastline , with many ports are favorable conditions for the development of oil and gas industry in Viet Nam.

* The political and social environment

The stability of politics is one of the elements which not only contributes to help Viet Nam persevere in the developing economy policy but also make our country step in the period of peace and prosperity. Being in the stable politics, oil and gas field has many favourable conditions in order to develop turnovers as well as innovate new technology or export oil and gas to international market. * The economic environment
The task of renovating economy and politics has been deployed since 1986, which helped Viet Nam change from one of the poorest country in the world with GDP under 100 dollars to 2200 dollars at the end of 2015. The rate of the poor has declined sharply from 58% in 1993 to 5% in 2015. Moreover, the index of social security is improved significantly.
The strategy of economic and social development over the period of 10 years, between 2011 and 2020 will focus on reforming structure, improving not only the environment, the human resources (especially human resources serving for the modern industry field), the democracy to stabilize macroeconomic but also the institution of economic market, investing the infrastructure so that Viet Nam can become a modern industrial country.
The development of economy in Viet Nam is the good condition to oil and gas field in order that it can accomplish the goal of national industrialization and modernization with a socialist orientation. * The environment of technology
With the view “industrialization and modernization are the basic and entire transformation of operating production, business activities, services, economic administration from using popularly the employees to using technologies primarily as well as modern and progressive method to increase labour productivity”, party organization and government have step by step associated industrialization with modernization and determined the science and technology play an important role in impulsing the industrialization.
The condition in economy exchanges between Viet Nam and many countries in the world is extending, the oil and gas field can take advantage of receiving modern technologies of the world in order to make themselves develop strongly. * The International cooperation.
The intergration and international cooperation are the condition and medium for oil and gas field in Viet Nam to develop domestic trade and foreign trade, attracting capital and technology from other countries to Viet Nam, creating the market to consume oil and gas as well as help Viet Nam expand the investment for the activity of exploiting oil and gas to other countries.
In conclusion, Oil and gas industry of Viet Nam is considered as the industry which has a lot convenience , high competitiveness in the process of regional economic integration and the world . But to make good use of the opportunity to fence out by economic integration , the PetroVietNam still need to further promote their strengths while minimizing the weak side , further investment in training , research scientific research and further improve management capabilities , focus on marketing activities , such as the PVN will stand strongly in the integration process of the country and become a powerful oil corporations in the region.

2. THE CONDITION OF MONOPOLY OF VIETNAM ELECTRICITY (EVN) State monopolizes in transmission activities, the construction and operation of large power plants. The power plant has an importantly special meaning for the economy of Viet Nam - social, defense and security, so that all these works were assigned to EVN State investment, management and operation of mining. In recent years, EVN has invested thousands of billion construction of power plants and power grids across the nation, because the goal of improving production capacity and power transmission. Due to the investment projects to expand electricity timely, power is distributed widely and significantly reduce peak hour power cut should have served to better the lives of the people and for the economic development goals socio - of the country.

Base fuel for thermal power plants in the north is coal , mainly from mines in Quang Ninh . And in central and southern rely on imported oil . Since 1995, additional natural gas to serve power plants powered by gas turbines in Ba Ria , Phu My and Ca Mau .

The largest thermal power plant in the north of our country have Pha Lai 1 and 2 ( coal , capacity 440 MW , respectively, and 600 MW ) , Uong Bi and Uong Bi ( coal , 150 MW and 300 MW ) , Na Duong ( coal , 110 MW ) , Ninh Binh ( coal , 100 MW ) . In the south there is the Phu My 1 , 2 , 3 , 4 ( gas , 4164 MW ) , Ba Ria ( gas , 41 1 MW ) of Ba Ria - Vung Tau , Hiep Phuoc ( oil , 375 MW ) , Thu Duc ( oil , 165 MW ) under the TP . Ho Chi Minh City, Ca Mau 1 and 2 ( gas , 1500 MW )

However, The investment and development activities in Electrical encountered some difficulties , and restrictions:

Firstly, the capital is not enough to meet the investment for development activities. The capital investment needs for the development of electricity in Vietnam is huge , while the ability to meet this demand is limited. In the period 2000 - 2014 , according to preliminary calculations by EVN , the fact that the Group's capital was raised for investing activities was 463 894 billion, about 74 % of demand . Due to inadequate mobilization of investment capital for the project , so many projects by the Group to participate must be delayed rescheduling progress .

Second, portfolio structure and grid power is not reasonable

The structure of the electricity industry investment portfolio includes power supplies, power grids and other projects. The investment in power have generally been focused (represented by the investment in power are always the highest proportion of total investment). In the structure of the power supply, the thermal power investment has been focused, while domestic coal resources are running out. However, the investment in hydropower (especially small and medium hydropower) also has limitations, such as environmental destruction, deforestation, potentially causing flooding flood discharge (as in the case of A Vuong hydropower Quang Nam 2009). In particular, investment in power grid has yet to meet versus demand situation leading to overloaded in many areas.

Thirdly, the construction of power grid is inadequate

Many different causes leaded to the slowly operational progress of some projects grid 220-110 kV, which affect the supply of electricity, especially in big cities like Hanoi and Ho Chi Minh city. In some areas of industrial development, there are lots of lines and transformer station of 110 kV is overloaded, therefore, they have to reduce the load especially during peak hours.

Fourthly, the progress of implementation and disbursement of the project was slow

Although the investors had reported the lack of funds but the fact that the disbursement of these projects has been slow and many projects are often disbursed at the end of the third quarter or fourth quarter of each year. There are a number of projects which have not been used up the capital or extend the payment to the following year, which makes it difficult for the management of investment funds.

Fifthly, the settlement of capital projects has been slow

There are many cases that the power projects have been completed and take into usage for many years, even failure cases had to be renovated.

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