Vung Tau is the largest gas oil center of Vietnam, having Vietsovpetro joint venture company, is the symbol for prosperity of Vietnam gas & oil industry, and is also the symbol of friendship between Russia and Vietnam. gas & oil industry occupies a big proportion in total value of industrial production. Today, most of capacity of Vietnam gas & oil (PetroVietnam) locate in Vung Tau city, and their most of petroleum and gasoline products are also exploited at Vung Tau sea.