Tags: crude oil

PTSC sees revenue up 13% in Q2

PTSC sees revenue up 13% in Q2

PetroVietnam Technical Services Corporation (PTSC) announced revenue of VND5.47 trillion (US$238 million) in the second quarter of this year, up 13.4% year-on-year.

PetroVietnam earns US$12.2 billion in revenue in H1

PetroVietnam earns US$12.2 billion in revenue in H1

The Vietnam Oil and Gas Group (PetroVietnam) reported total revenue of VND283.5 trillion (US$12.2 billion) in the first half of this year, contributing VND32 trillion to the State budget.

Budget collection drops 9.2% in Jan-May

Budget collection drops 9.2% in Jan-May

An estimated VND577 trillion (US$24.86 billion) was collected for the State budget in the first five months of the year, equal to 38.2% of the estimate and down 9.2% compared to the same period last year.

HCM City’s May exports up 10%

HCM City’s May exports up 10%

Ho Chi Minh City posted export revenue of more than US$3.38 billion in May, an increase of 10% against April, the city’s Customs Department has said.

PetroVietnam's crude oil output in Jan-April exceeds set target

PetroVietnam's crude oil output in Jan-April exceeds set target

The Vietnam Oil and Gas Group (PetroVietnam)’s exploited crude oil output in the first four months of 2020 reached 7.2 million tonnes of oil equivalent, exceeding its set target by 7.7%, despite difficulties caused by the COVID-19 pandemic and a sharp decrease in oil prices.

Vietnam exports 3.72 million tonnes of crude oil in 11 months

Vietnam exports 3.72 million tonnes of crude oil in 11 months

Vietnam shipped abroad more than 3.72 million tonnes of crude oil worth over 1.87 billion USD in the first 11 months of 2019, up 3.3 percent in volume but down 8.4 percent in value year-on-year, according to the General Department of Vietnam Customs.

Vietsovpetro’s profit surpasses January-September plan

Vietsovpetro’s profit surpasses January-September plan

The Vietnamese side in the Vietnam – Russia oil and gas joint venture Vietsovpetro earned 722.3 million USD in profit in the first nine months of this year, surpassing the plan for the period by 22.7 percent.

Vietnam forecast to face net imports of crude oil

Vietnam forecast to face net imports of crude oil

Vietnam’s self-sufficiency for crude oil could come to an end due to exploitation that could turn the country into a net importer of crude oil for the first time, experts warned.

Exports exceed US$200 billion in 10 months

Exports exceed US$200 billion in 10 months

VOV.VN - Vietnam’s exports rose by 14.2% to US$200.27 billion in the first 10 months of this year, of which the domestic sector made up US$56.82 billion (up 16.8%) and the foreign direct investment (FDI) sector, including crude oil, accounted for US$143.45 billion (up 13.2%).

Singaporean, Vietnamese businesses foster connectivity

Singaporean, Vietnamese businesses foster connectivity

VOV.VN - A conference on Singapore-Vietnam business connectivity was held in Ho Chi Minh City on October 15, drawing representatives of 12 Singaporean businesses including two groups - Sembcorp and NTUC, who are on a Vietnam trip from October 15-19 to seek trade and investment opportunities.

Vietnam’s export to Thailand up 21%

Vietnam’s export to Thailand up 21%

Vietnam earned more than US$3.7 billion from exports to Thailand as of August 2018, up 21% year on year, higher than the country’s average of 16.7%, according to the General Statistics Office.

Eight-month budget collection increases by nearly 14%

Eight-month budget collection increases by nearly 14%

Total budget collection in the January-August period was estimated at VND871.8 trillion (US$37.3 billion), or 66.1% of the yearly estimates, an increase of 13.8% year on year, according to the Finance Ministry.