petrovietnam to develop 19 billion refinery and petrochemical complex

PetroVietnam to develop $19-billion refinery and petrochemical complex

PetroVietnam proposed to develop a refinery and petrochemical complex in collaboration with a national oil reserve warehouse with the total investment capital of $19 billion in the southern province of Ba Ria-Vung Tau.
pvcfc named in 50 best listed companies for second time

PVCFC named in 50 Best Listed Companies for second time

PetroVietnam Ca Mau Fertiliser JSC (PVCFC) on August 4 was lauded for the second time among the 50 Best Listed Companies by Forbes Vietnam, along with securing eminent business results in the first half of this year.
2 billion song hau 1 thermal power plant inaugurated

$2-billion Song Hau 1 thermal power plant inaugurated

The inauguration of the $2-billion Song Hau 1 thermal power plant in the Mekong Delta province of Hau Giang will contribute to ensuring national energy security.
uncertainty lingers on with global oil and gas investment

Uncertainty lingers on with global oil and gas investment

With a global oil price reaching eye-watering levels, much of Vietnam’s oil and gas potential depends on new-found investments in exploration technology, thus helping boost the country’s state budget.
petrol law advances tailored for benefits

Petrol law advances tailored for benefits

An amended Law on Petroleum is expected to revive funding opportunities for the oil and gas sector as many fields are reaching their productive peaks or experiencing a state of decline – as long as some outstanding issues are ironed out.
ge secures first 9ha combined cycle power plant order in vietnam

GE secures first 9HA combined cycle power plant order in Vietnam

PV Power’s Nhon Trach 3 & 4 will be the first 9HA-gas-turbine-powered plant in Vietnam, as well as the first to be powered by liquefied natural gas (LNG).
aes corporation and pv gas push ahead with son my lng terminal

AES Corporation and PV Gas push ahead with Son My LNG Terminal

The representatives of AES and PetroVietnam Gas JSC (PV Gas) were granted an investment registration certificate for the Son My LNG terminal, which is expected to play an important role in supporting Vietnam’s energy transition and economic growth.
thai binh 2 thermal power plant to start operations by may 10

Thai Binh 2 thermal power plant to start operations by May 10

All employees and managers are making an effort to put the first turbine of the Thai Binh 2 thermal power plant into operation by May 10. According to information from the project’s managing board, the construction is currently 92 per cent complete and the fire prevention system is almost completed.
kicking of construction of nhon trach 3 and 4

Kicking of construction of Nhon Trach 3 and 4

PetroVietnam Power Corporation (PV Power) is completing preparations to start the construction of Nhon Trach 3 and 4 thermal power plants on April 30.
growth advancing in right direction

Growth advancing in right direction

Despite various global uncertainties, efforts to spur business and production have helped recover the country’s economic growth, driven largely by manufacturing and processing activities.
vietnam to import additional petroleum and adjust tax

Vietnam to import additional petroleum and adjust tax

Increasing petroleum imports and raising related taxes is deemed an effective solution to offset the shortfall in domestic output.
industry trio signs mou to boost clean energy in vietnam

Industry trio signs MoU to boost clean energy in Vietnam

PetroVietnam Power Corporation (PV Power), IB Global, and IDG Capital Vietnam signed an MoU on January 28 to boost clean energy development amid an ever-increasing demand.
samsung to build vietnams first combined cycle power plant

Samsung to build Vietnam’s first combined cycle power plant

Samsung C&T Corp., the construction unit of Samsung Group, has announced it had obtained a plant deal worth 510 million USD from Vietnam.
petrovietnam promoting us partnerships the future of vietnams energy industry

PetroVietnam promoting US partnerships: The future of Vietnam’s energy industry

On November 23, 2021, a round table discussion between PetroVietnam and US investors took place with the topic of potential energy investment in Vietnam.
pv power signs 95 million credit contract

PV Power signs $95 million credit contract

Today (December 14) at the headquarters of PetroVietnam Power Corporation (PV Power), a signing ceremony was held for a $95 million credit contract between Asian Infrastructure Investment Bank, Natixis Bank, and Dakdrinh Hydropower JSC (PV Power DHC). The new loan with preferential interest rate is expected to reduce production costs for the company and provide it additional capital to invest, upgrade, and improve current systems and equipment of the plant to improve operational efficiency and increase profits.