binh dinh refinery plan wins support

Binh Dinh refinery plan wins support

The Ministry of Industry and Trade is behind a mammoth Thai-backed, oil refinery and petrochemical project in Binh Dinh province despite PetroVietnam’s protests.
caution urged on giant ptt project

Caution urged on giant PTT project

State-run PetroVietnam last week expressed great concerns about the $28.7 billion refinery and petrochemical complex in central Binh Dinh province, proposed by Thailand’s PTT.
petrovietnam increases investment in russia

PetroVietnam increases investment in Russia

The Vietnam National Oil and Gas Group (PetroVietnam) increased its investment in a project at the Rusvietpetro joint venture company in Russia to $1.4 billion in the first quarter of 2013.
pvn says facing challenges in venezuela

PVN says facing challenges in Venezuela

The Vietnam National Oil and Gas Group, commonly known as PetroVietnam or PVN, is facing a number of challenges in its Venezuela investment, the state-run oil and gas giant said at a briefing on Friday.
pvep vietsovpetro sign oil and gas contract

PVEP, Vietsovpetro sign oil and gas contract

The Vietnam Oil and Gas Group (PetroVietnam) has signed a production-sharing contract (PSC) for Block 42 on the continental shelf waters of Vietnam with a consortium of contractors including PetroVietnam Exploration and Production Corporation (PVEP) and the Russia-Vietnam oil and gas joint venture, Vietsovpetro.
western bank to merge with petrovietnam finance

Western Bank to merge with PetroVietnam Finance

The merger between Western Bank and PetroVietnam Finance (PVF) is moving ahead after Western Bank released the merging scheme prior to its shareholder meeting this Saturday.
honeywell to help boost tech training

Honeywell to help boost tech training

The US-based firm Honeywell recently agreed with Vietnam National Oil and Gas Group and PetroVietnam University to open a new automation college in Hanoi to enhance the quality of Vietnam’s workforce.
petrovietnam looks to enhance co operation with global partners

PetroVietnam looks to enhance co-operation with global partners

PetroVietnam (PVN) will increase international co-operation in coming years and pay more attention to attracting foreign investment and exporting technical services, senior officials say.
petrovietnam seeks fund for the 9bn refinery

PetroVietnam seeks fund for the $9bn refinery

State-run PetroVietnam and its foreign partners are working on procedures to seek fund from international lenders for the construction of Vietnam’s massive Nghi Son oil refinery and petrochemical complex.
petrovietnam to ramp up divestitures

PetroVietnam to ramp up divestitures

PetroVietnam has been told to accelerate its equitisation process and pull capital from its affiliates.
anz has resources for firms to exploit

ANZ has resources for firms to exploit

ANZ Bank last week joined with other foreign banks to provide a $300 million loan to PetroVietnam Exploration Production Corp.
bank merger raises concerns

Bank merger raises concerns

Some business observers have expressed doubts about the efficacy of the merger between PetroVietnam Finance and Western Bank, the first merger ever between a finance company and a bank in Vietnam.
petrovietnams eye catching results

PetroVietnam’s eye catching results

Leading state energy group PetroVietnam has wrapped up 2012 with a bang.
petrovietnam finances dramatic profit u turn

PetroVietnam Finance’s dramatic profit U-turn

Vietnam’s biggest finance company, PetroVietnam Finance, is shrinking its profit target to one-tenth of its initial goal, reflecting the rippling consequence of bad debt issued in the local economy.
exciting time for the coffee bean tea leaf vietnam

Exciting time for The Coffee Bean & Tea Leaf Vietnam

The brand new store located at PetroVietnam Building in Ho Chi Minh City’s District 1, had its “Open House” opened today.