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.
Vietnamese state-owned companies have invested $6.7 billion overseas, but many of their projects are losing money.
VOV.VN - Last year saw local businesses pour a figure of US$21 billion into more than 1,300 projects in foreign countries, with profits transferred home reaching roughly US$3 billion, according to the Ministry of Planning and Investment.