hose falls as investors take measured approach

HoSE falls as investors take measured approach

Profit taking pressures pushed down the Ho Chi Minh Stock Exchange (HoSE) Wednesday.
pvn could have contributed more to state budget

PVN could have contributed more to state budget

While the Vietnam National Oil and Gas Group, commonly known as PetroVietnam (PVN), always prides itself on the fact that it accounts for 30 per cent of the state’s total budget collection, it has in fact contributed only 56 per cent of its revenues from oil extracting activities to the budget.
petrovietnam told to narrow business goals

PetroVietnam told to narrow business goals

Prime Minister Nguyen Tan Dung has again ordered PetroVietnam to divest from non-core businesses investments.
petrovietnam causes 874 mln state budget loss

PetroVietnam causes $874 mln state budget loss

The state-run Vietnam National Oil and Gas Group, or PetroVietnam (PVN), has made several wrongdoings in capital and asset management, as well as investing in non-core businesses, which cost the state budget a huge sum of VND18.2 trillion, or $873.6 million, the Vietnam State Inspectorate (VSI) told a press briefing yesterday.
4 bln petrochemical complex to be built soon in ba ria vung tau

$4 bln petrochemical complex to be built soon in Ba Ria-Vung Tau

petrovietnam oil profits hit record high

PetroVietnam oil profits hit record high

The PetroVietnam Group last year earned a record of over VND207 trillion ($9.8 billion) from petroleum services, equal to 30.8 per cent of its total turnover.
investors take pragmatic approach

Investors take pragmatic approach

The market sharply fell Tuesday in an expected correction session as investors locked in profits.
investors end week on a high

Investors end week on a high

Local investors’ demands for shares rebounded Friday boosting the stock market.
perenco upstages giants

Perenco upstages giants

Independent oil and gas company Perenco has snapped up the Vietnam-based assets of ConocoPhillips, beating heavy-duty competitors including PetroVietnam and TNK-BP to the punch.
petrovietnam divests from tallest tower project

PetroVietnam divests from tallest tower project

The National Oil and Gas Group (PetroVietnam) has divested from the construction of Vietnam’s tallest skyscraper, PVN Tower, in Hanoi, said its top leader at a recent press briefing.
petrovietnam unveils geophysical survey branch

PetroVietnam unveils geophysical survey branch

PetroVietnam Technical Services Corporation (PTSC) unveiled a new company branch on June 16 which specialises in geophysical exploration services for the oil and gas industry.
petrovietnam produces 30 pc above target

PetroVietnam produces 30 pc above target

The Vietnam National Oil and Gas Group (PetroVietnam) produced 15 million tonnes of crude oil this year, 30 per cent higher than production targets set earlier this year.
wss to defend pvfi proceedings

WSS to defend PVFI proceedings

A legal wrangle between Wall Street Securities and PetroVietnam Trade Union Financial Investment Company is taking its toll on the brokerage.
petrovietnam a shining light

PetroVietnam a shining light

State group PetroVietnam is proving a leading player in Vietnam’s economy.
petrovietnam insurance arms financial rating maintained at b

PetroVietnam insurance arm’s financial rating maintained at B+

A.M. Best Co has maintained its financial capacity ratings of B+ (Good) and credit capacity for share-issuance rankings of bbb- (qualified) as before for PetroVietnam Insurance Corp (PVI), newswire Vneconomy reported.