cmsc to supervise finance of 19 state owned groups

CMSC to supervise finance of 19 State-owned groups

The Committee for Management of State Capital at Enterprises (CMSC) will oversee the finance of 19 State-owned groups and corporations this year.
investigation into petrovietnam losses in dinh vu polyester

Investigation into PetroVietnam losses in Dinh Vu polyester

The investigation agency of the Haiphong Police Department has just issued a document to request Vietnam Oil and Gas Group (PetroVietnam) to co-operate and provide information and documents related to PetroVietnam Petrochemical and Textile Fiber JSC (PVTex) and Dinh Vu polyester plant.
hanoi court begins trial on power abusing case at pvep

Hanoi court begins trial on power-abusing case at PVEP

The People’s Court of Hanoi on May 6 opened a trial for the case of “abusing position and power to appropriate assets” that happened at the PetroVietnam Exploration Production Corporation (PVEP).
construction giants report trillions in losses

Construction giants report trillions in losses

In addition to PetroVietnam Construction JSC, which has become a notorious loss-making company during the past years, Song Hong Corporation and Vietnam Industrial Construction Corporation (Vinaincon) have also been reporting huge losses recently.
petrovietnam and petronas work on ca mau gas power fertiliser complex

PetroVietnam and Petronas work on Ca Mau gas-power-fertiliser complex

The co-operation between Vietnam Oil and Gas Group (PetroVietnam) and Malaysia’s Petroliam Nasional Berhad (Petronas) will contribute to ensuring the energy security for the southwest region in general and the Ca Mau gas-power-fertiliser complex in particular.
former pvep officials prosecuted for taking under the table interest

Former PVEP officials prosecuted for taking under-the-table interest

Leaders of PetroVietnam Exploration Production Corporation (PVEP) received nearly VND52 billion ($2.26 million) in under-the-table interest paid by OceanBank during 2011-2014.
plans to resurrect thai binh 2 thermal power plant

Plans to resurrect Thai Binh 2 thermal power plant

With the designed capacity of 1,200MW, Thai Binh 2 thermal power plant will supply 7.2 billion kWh to the national grid once it comes into operation, playing an important role in ensuring the national energy security.
petrovietnam on course for sustainable development

PetroVietnam on course for sustainable development

Vietnam Oil and Gas Group has closed a busy 2018, a year spent in the spirit of renewal – with radical restructuring and improvements from top to bottom. The state-owned oil and gas giant is now entering a new year with the determination to double down on its commitments and transform itself to be competitive, environmentally-friendly, and tech-savvy.
petrovietnam tightens relationship with partners and contractors

PetroVietnam tightens relationship with partners and contractors

Vietnam Oil and Gas Group (PetroVietnam) has expressed its willingness to tighten relationship and business co-operation with domestic and international partners and contractors.
ex petrovietnam chairman dinh la thang faces more charge

Ex-PetroVietnam Chairman Dinh La Thang faces more charge

Police on January 20 launched criminal proceedings against Dinh La Thang, former Chairman of the Vietnam National Oil and Gas Group (PetroVietnam), for his suspected violations regarding the Petrochemical and Bio-Fuel JSC – a subsidiary of this group.
pvgas and pv power co operate for nhon trach 3 and 4 power plants

PVGas and PV Power co-operate for Nhon Trach 3 and 4 power plants

The co-operation between PVGas and PV Power in supplying liquefied natural gas (LNG) for Nhon Trach 3 and 4 thermal power plants will mark a new milestone in the petrol and gas sector of Vietnam and contribute to ensuring the country’s energy security.
deputy general director of pvep arrested in oceanbank case

Deputy general director of PVEP arrested in OceanBank case

Vu Thi Ngoc Lan, deputy general director of PetroVietnam Exploration Production Corporation (PVEP) has been arrested over charges of “abusing position and/or power for appropriation of property” in the OceanBank case.
petrovietnam attains stellar 2018 results

PetroVietnam attains stellar 2018 results

Even with 2018’s unpredictable ­difficulties including the fluctuating oil price, fierce competition in the global market, and sweeping changes at the high-ranking human resources level, state-run Vietnam Oil and Gas Group goes into the New Year having achieved many highlights over the past 12 months.
pv power cancels upcom listing this week

PV Power cancels UPCoM listing this week

PetroVietnam Power Corporation (PV Power) will cancel the trading of more than 467.8 million shares on the Unlisted Public Company Market (UPCoM) this Friday, the Ha Noi Stock Exchange has announced.
pvcfcs employee accolade hat trick

PVCFC’s employee accolade hat-trick

For the third consecutive year, PetroVietnam Ca Mau ­Fertiliser JSC (PVCFC) has been awarded for its outstanding contributions regarding the care it gives to labourers.