four foreign investors applying for strategic position in pv power

Four foreign investors applying for strategic position in PV Power

To date, four foreign investors have submitted applications to become the strategic investor of PetroVietnam Power Corporation (PV Power)—the second-largest electricity producer in Vietnam.
pv power awaits listing on upcom and strategic investor

PV Power awaits listing on UpCOM and strategic investor

After a successful initial public offering (IPO), PetroVietnam Power Corporation (PV Power)—the second-largest electricity producer in Vietnam—is ready to list its shares on the Unlisted Public Company Market (UpCOM) tomorrow and is looking for a strategic investor.   
pv oil to list 200 million shares on upcom on march 7

PV Oil to list 200 million shares on UpCOM on March 7

PetroVietnam Oil Corporation (PV Oil), Vietnam's second largest petrol distributor, will list 200 million shares on the Unlisted Public Company Market (UpCOM) on the first transaction day of March 7.
12 billion dong loss making projects looking at brighter prospects

12 billion-dong loss-making projects looking at brighter prospects

Dinh Vu Polyester Plant (PVTex) resuming operations at its factory and PetroVietnam’s restarting of its group of biofuel factories are just two of many positive developments at the loss-making projects run by the Ministry of Industry and Trade (MoIT).
dinh vu polyester plant to resume operations on march 20

Dinh Vu polyester plant to resume operations on March 20

The long-delayed Dinh Vu polyester plant is expected to resume the operation of its draw texturised yarn (DTY) manufacturing workshop on March 20 this year, creating the premise to resume the operations of the remaining workshops.
second trial of dinh la thang to be opened on march 19

Second trial of Dinh La Thang to be opened on March 19

Dinh La Thang and six defendants are accused of causing VND800 billion ($35.3 million) in damages to state-run Vietnam Oil and Gas Group (PetroVietnam) through a capital contribution deal in OceanBank.
vinacapital injects 45 million into oil and power stocks

VinaCapital injects $45 million into oil and power stocks

VinaCapital Vietnam Opportunity Fund has taken initiative to invest nearly $45 million in Binh Son Refining and Petrochemical Company and PetroVietnam Power Corporation (PV Power) at their January initial public offerings (IPO).
ptsc to make 57 million investment aboard

PTSC to make $57 million investment aboard

PetroVietnam Technical Services Corporation (PTSC), a subsidiary of PetroVietnam, will contribute $57 million to the establishment of a joint venture company with Yinson Clover Ltd. (YCL) in the Marshall Islands.
evn genco 3 reports unsuccessful ipo

EVN Genco 3 reports unsuccessful IPO

While PetroVietnam Power Corporation (PV Power)’s shares sold out at its initial public offering (IPO), Power Generation Corporation 3 (EVN Genco 3) proved unmarketable with only 2.8 per cent of the offered shares registered for sale.
e5 fuel makes up 65 of petrol sales

E5 fuel makes up 65% of petrol sales

The number of local consumers using E5 petrol in their autos has been increasing rapidly, though bio-fuel has only been put into use nationwide for just the past month.
pv power acquires 3082 million from ipo

PV Power acquires $308.2 million from IPO

PetroVietnam Power Corporation  (PV Power) acquired VND6.99 trillion ($307.8 million) from selling 468.37 million shares, equalling 20 per cent of its charter capital, via its initial public offering (IPO) organised this morning.
pv oil collects 190 million from ipo

PV Oil collects $190 million from IPO

PetroVietnam Oil Corporation (PV Oil) succeeded in conducting its initial public offering (IPO) by selling all 207 million shares offered, equalling 20 per cent of its charter capital. The average share price was VND20,196 ($0.89), fetching VND4.16 trillion ($184.9 million) in proceeds for the company.
foreign giants looking to become strategic investors in pv gas

Foreign giants looking to become strategic investors in PV Gas

PetroVietnam Gas JSC (PV Gas) plans to sell 30 per cent of its total shares by 2020. Shell, Total, and Tokyo Gas have already expressed their desire to become strategic investors in the company.
pv oil is courted by global oil giants

PV Oil is courted by global oil giants

Six overseas investors are vying for majority stakes at state-owned PetroVietnam Oil Corporation, competing against two domestic bidders.
procuracy finds group benefits in dinh la thang case

Procuracy finds group benefits in Dinh La Thang case

The People’s Procuracy of Hanoi has held that Dinh La Thang appointed a bidding for PVC (PetroVietnam Construction JSC) due to “group benefits” at the $1.7-billion Thai Binh 2 thermal power plant project.