This Decree applies to organizations or individuals carrying out or involved in the oil and gas activities.

Grounds for oil and gas activities

1. The Vietnamese or foreign organizations or individuals conducting the oil and gas search, exploration and extraction on the basis of oil and gas contract or other agreements signed with the Vietnam Oil and Gas Group or with the Government of the Socialist Republic of Vietnam under the provisions of the Petroleum Law, this Decree and the relevant legal documents.

2. Parent company - Vietnam Oil and Gas Group (hereafter referred to as the Vietnam Oil and Gas Group) shall conduct the oil and gas search, exploration and extraction in accordance with the provisions of this Decree.

For further details, Please see a reference translation  at http://http://hethongphapluatvietnam.com/decree-no-95-2015-nd-cp-dated-16-october-2015-detailing-some-articles-of-the-petroleum-law.html