The Vietnam National Petroleum Group (Petrolimex) incurred a loss of over VND1.8 trillion (US$78.2 million) in the first quarter due to the impact of COVID-19, according to its financial statement announced on May 5.
The retail prices of petrol plummeted from 3pm of March 29, making it the sixth consecutive reduction since the beginning of this year.
Regulatory overlapping was the biggest problem at State-owned enterprises (SOEs) since they were handed over to the Commission for the Management of State Capital at Enterprises, officials have said.
The retail prices of petrol were slightly reduced starting 3.30pm on January 15, in the latest review by the ministries of Industry and Trade, and Finance.
The retail prices of petrol were reduced as from 3pm on October 31, the second downward revision this month.
The retail prices of petrol were reduced as from 3pm on October 16, following a hike earlier this month.
VOV.VN - The Vietnam National Petroleum Group (Petrolimex) is scheduled to make a 26 per cent dividend payout for the Committee for Management of State Capital at Enterprises in late July.
The Vietnam National Petroleum Group (Petrolimex) is planning to invest in a liquefied natural gas (LNG) project in the south central province of Khanh Hoa.
Việt Nam National Petroleum Group (Petrolimex) will focus on divestments and restructuring in 2019, implementing unfinished tasks from last year, the company’s management board announced at its annual shareholders’ meeting last week.
The Vietnam National Petroleum Group (Petrolimex) on January 1 announced decreases in petrol prices following a decision jointly issued by the Ministry of Industry and Trade and the Ministry of Finance.
Petrolimex Insurance Corporation (PJICO), a top 5 non-life insurance company in Vietnam, has signed a cooperation agreement with the Republic of Korea’s Woori Bank.
The list of top 500 largest enterprises in Vietnam (VNR500) has been unveiled, showing that Vietnam’s private sector continued to post strong growth with the compounded annual growth rate (CAGR) among private firms rising significantly, reaching 21.8 percent in the 2014-2017 period.
Vietnam National Petroleum Group (Petrolimex) has expressed its intention to return to South Van Phong oil refinery with a new project, only a short while after expressing intention to exit the project.
As many as 667 equitized State-owned enterprises (SOEs), including many big names, have yet to list their shares on the stock exchanges so far, said Minister of Finance Dinh Tien Dung on November 21.
Companies should offer higher-quality products and authorities should provide better business networking opportunities to increase purchase of locally made goods and parts, experts said during a conference on competitiveness held on October 11 in HCM City.
Prime Minister Nguyen Xuan Phuc sent a working group to the Vietnam National Petroleum Group (Petrolimex) on September 25 to examine the firm’s implementation of tasks assigned by the Prime Minister and the Government so far.
Japan-Kuwait joint venture Idemitsu Q8, the first 100% foreign-owned oil & gas retail company in Vietnam, has opened its third petrol station in the northern province of Hung Yen.
The Vietnam National Petroleum Group (Petrolimex) is proceeding to sell a maximum of 60 million treasury stocks on the Ho Chi Minh Stock Exchange, the second sale of its kind since its debut in April 2017.
The Vietnam National Petroleum Group (Petrolimex) and the Japan Cooperation Centre Petroleum (JCCP) has signed an agreement for the second phase of a technical cooperation project on operating the petroleum depot at Petrolimex’s headquarters.
Shareholders of the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) have approved a plan to acquire the Hanoi-based Petrolimex Group Commercial Joint Stock Bank in an all-stock deal.