Businesses face mounting hardships amid rate hike

Businesses face mounting hardships amid rate hike

Businesses across the board are facing multiple hardships from the current high exchange rates.
PTSC shows strong engagement in offshore wind power projects

PTSC shows strong engagement in offshore wind power projects

The Petrovietnam Technical Services Corporation (PTSC), a subsidiary company of the Vietnam Oil and Gas Group (Petrovietnam), is deeply engaging in domestic and international offshore wind power projects thanks to its rich experience, strong resources and highly qualified personnel.
Copenhagen Infrastructure Partners and PetroVietnam collaborate on green energy

Copenhagen Infrastructure Partners and PetroVietnam collaborate on green energy

CIP through its Growth Market Funds, signed an MoU with PetroVietnam, Vietnam’s national oil, gas, and renewable energy group.
Jadestone signs agreement with PetroVietnam

Jadestone signs agreement with PetroVietnam

Jadestone Energy plc announced that it signed an HOA with PetroVietnam Gas Joint Stock Corporation on January 26.
PVEP completes business targets for year

PVEP completes business targets for year

Petroleum Exploration and Production Corporation has hit its annual targets despite difficulties.
Malaysia's Petronas keen on renewable and sustainable energy in Vietnam

Malaysia's Petronas keen on renewable and sustainable energy in Vietnam

Malaysian energy giant Petronas and its Vietnamese counterpart PetroVietnam are exploring potential collaboration opportunities in Vietnam.
PetroVietnam to reduce stake in PVcomBank

PetroVietnam to reduce stake in PVcomBank

Vietnam Oil and Gas Group is set to diminish its stake significantly in PVcomBank.
More companies embrace sustainable development

More companies embrace sustainable development

Increasingly, companies across Vietnam are embracing corporate responsibility, sustainability, and building community relations.
PetroVietnam sets ambitious targets

PetroVietnam sets ambitious targets

Riding on positive growth, state-run Vietnam Oil and Gas Group (PetroVietnam) has set high-pressure goals for the last three months of 2023 to ensure sustainable development in the long term.
PetroVietnam invests in O Mon III and IV thermal power plants

PetroVietnam invests in O Mon III and IV thermal power plants

PetroVietnam has taken over the O Mon III and IV gas-fired power plants after a recent decision promulgated by Can Tho People’s Committee.
BSR's initial rating results in positive BB

BSR's initial rating results in positive BB

Binh Son Refining and Petrochemical JSC (BSR) has just been assigned a rating of BB – the outlook is positive – and a standalone credit profile of BB-.
Flaws in infrastructure hinder plans for LNG

Flaws in infrastructure hinder plans for LNG

The possibility that electricity generated from liquefied natural gas will replace coal-fired power is some way off, with infrastructure concerns regarding import operations coming to the fore.
Dung Quat Oil Refinery to increase capacity

Dung Quat Oil Refinery to increase capacity

Deputy Prime Minister Tran Hong Ha signed Decision No.482/QD-TTg on May 5 approving the investment planning to upgrade Dung Quat Oil Refinery located in the central province of Quang Ngai to increase output.
Thai Binh 2 Thermal Power Plant officially inaugurated

Thai Binh 2 Thermal Power Plant officially inaugurated

The long-delayed Thai Binh 2 Thermal Power Plant was officially inaugurated on April 27.
Petrolimex readjusts profits to 10 per cent of plan

Petrolimex readjusts profits to 10 per cent of plan

Petrolimex, the petroleum distributor for the domestic retail market, has adjusted its profit target to one-tenth of its original forecasts.
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