The Vietnam Report and online newspaper VietNamNet have just announced the Profit 500 list, featuring the top 500 most profitable enterprises in Vietnam this year.

The Vietnam Oil and Gas Group (PetroVietnam) has surpassed important business and financial targets set for the first nine months of 2021, with its contribution to the State budget fulfiling the yearly plan.

Bien Dong Petroleum Operating Company (Biendong POC) has produced 15 billion cu.m of gas since its Hai Thach and Moc Tinh gas fields were put into operation in September 2013.

Fitch Ratings has assessed the Vietnam Oil and Gas Group (PetroVietnam)'s Standalone Credit Profile (SCP) at 'BB+', reflecting the company's conservative financial profile, diversification and integration.

The PetroVietnam Exploration Production Corporation (PVEP), has surpassed all of its business goals, with the contribution to the State Budget 7% higher than the year’s plan.

The Vietnam Oil and Gas Group (PetroVietnam) reported that its pre-tax profit in the first eight months of the year surpassed the set plan by 177% and tripled the figure for the same period last year, reaching VND30.2 trillion (US$1.32 billion).

The Vietnam Oil and Gas Group (PetroVietnam) has been reviewing legal regulations to identify any obstacles to its operations and propose settlement recommendations.

The Ministry of Health on August 20 received 200 high-flow ventilators donated by the Vietnam Oil and Gas Group (PetroVietnam) to support southern localities in treating COVID-19 patients.

Bien Dong Petroleum Operating Company (Biendong POC), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has reported that its revenue in the first six months of 2021 exceeded the set plan by 4%.

The PetroVietnam Exploration Production Corporation (PVEP) reported revenue of VND14.35 trillion (US$623.59 million) in the first six months of 2021, equivalent to 144% of its target.