Tag: oil
Petrol prices see slight rise in latest price adjustment
VOV.VN - The retail prices of petrol and oil continued to witness an increase at 3 p.m. on April 27 due to the latest price review conducted by the Ministry of Industry and Trade and the Ministry of Finance.
VPI, PVOIL partner in research on electric-vehicle battery, charging station
The Vietnam Petroleum Institute (VPI) and the PetroVietnam Oil Corporation (PVOIL) have agreed to collaborate in the research on electric vehicle (EV)’s battery and charging station.
Vietnamese painting sale hits record high at Sotherby’s auction
VOV.VN - Portrait de Mademoiselle Phuong by painter Mai Trung Thu has been auctioned at Sotherby’s Hong Kong, hitting record high in value among Vietnamese paintings at the sale.
MoIT proposes 35% cap on foreign investment in petrol market
The Ministry of Industry and Trade (MoIT) has proposed a 35% cap on foreign investment in local oil and petrol businesses, but said it was open to scrapping the regulation.
Vietnam spends over US$1billion on petrol imports in Q1
VOV.VN - Vietnam spent more than US$1 billion on importing petroleum products, mostly from the Republic of Korea (RoK), Malaysia, Singapore, and Thailand during the first quarter of the year, according to data released by the Ministry of Industry and Trade.
Oil and gas companies expect good performance in Q1
Many Vietnamese companies in the oil and gas field might post positive results in the first quarter of 2021 thanks to the strong rally of crude oil in the international market.
Manufacturing, processing maintains strong growth in Q1
Vietnam’s industry grew 6.5% year on year in the first three months of 2020, with the manufacturing and processing sector expanding 9.45% and remaining as the main engine of the economic growth.
PVEP’s contribution to State budget 41% higher than plan in Q1
The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has surpassed all of its business goals in the first quarter of 2021, with contribution to the State Budget particularly 41% higher than the year’s plan.
Domestic petrol prices hit record high
VOV.VN - Domestic petrol prices have hit record high as of 3pm on March 27 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Dung Quat Oil Refinery operates at 108% of design capacity
Binh Son Refining and Petrochemical JSC (BSR) has operated Dung Quat Oil Refinery at 108% of the refinery’s design capacity in a safe and stable fashion in February to meet the domestic market’s increasing demand during traditional Lunar New Year.
