The Vietnam National Petroleum Corporation (Petrolimex) and PetroVietnam Oil Corporation (PVOil) on December 15 officially supplied E5 RON92 bio-fuel for sale nationwide to replace RON 92 petrol, 15 days before a Government deadline.
The Vietnam National Oil and Gas Group (PVN) produced 14.27 million tonnes of oil during January-November, exceeding its set plan of 2.6%.
Investors interested in becoming strategic investors of Binh Son Refining and Petrochemical Company Limited (BSR), currently operated by PetroVietnam, are offered to buy a maximum of 1.52 billion shares, equalling 49 per cent of the chartered capital.
The economy’s manufacturing and processing sector has broken its October growth record with a new record in November, giving the 11-month industrial production – and the whole-year growth target – a jolt.
Samsung Electronics Vietnam has overtaken the Vietnam National Oil and Gas Group (PetroVietnam) to become the largest firm in Vietnam in 2017.
The PetroVietnam Exploration and Production Corporation (PVEP) achieved all its 2017 goals by November 29, 32 days ahead of schedule.
PetroVietnam Drilling and Well Services Corporation (PV Drilling) under the Vietnam Oil and Gas Group (PVN) has seen robust signs in its business activities when prices of crude oil improve and the oil drilling market becomes warmer.
Vietnam could receive a significant boost to its natural gas supplies after signing two agreements during the APEC Summit to buy gas at home and from Indonesia.
Binh Son Refining and Petrochemical Co. Ltd (BSR), the operator of Dung Quat Oil Refinery, plans to put a proportion of its shares in the facility for sale in an IPO to be announced later this year.
Telecommunications, IT and retail firms took the lead in terms of profitability last year on the list of Profit 500 – the top 500 firms with the highest profits in Vietnam.
The Prime Minister recently issued a decision outlining solutions for loss-making projects under the management of the Ministry of Industry and Trade. The aim is to turn them into efficient projects by 2020, at the latest, or let them be dissolved.
The oil and gas sector needs to adjust its production and business strategy so that it could compete with foreign rivals locally and internationally, said participants at a seminar in Hanoi on September 26.
The Ministry of Public Security’s Investigation Agency on September 26 detained and launched legal proceedings against chief accountant of the Vietnam National Oil and Gas Group (PetroVietnam) Le Dinh Mau for intentionally violating State regulations on economic management causing consequences.
PetroVietnam Oil Corporation (PV Oil) may double the amount of shares offered as part of its initial public offering (IPO), which is scheduled in the fourth quarter of this year.
Reliance Industry Company from India decided to co-operate with PetroVietnam to restart Dinh Vu polyester plant located in the northern city of Haiphong.
More than 96% of SOEs slated for equitization have been equitized, but only 8% of the state’s capital has been transferred to the private sector.
The Investigation Police Agency under the Ministry of Public Security on September 1 issued a decision launching criminal proceedings against the suspected deliberately violation of State regulations causing serious consequences at the Vietnam National Oil and Gas Group (PetroVietnam).
Agreements on wellhead gas prices and transport costs for Block B – O Mon gas project were signed in Hanoi on September 1.
The PetroVietnam Drilling & Well Service Corporation (PV Drilling) has signed a contract worth over 6 million USD to offer jack-up drilling services to Singapore-based KrisEnergy
Many large-scale investment projects and cooperation agreements have been signed for the near future, promising a breakthrough in foreign direct investment (FDI) attraction in Vietnam.