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.
winners of national table tennis championships 2021 honoured

Winners of National Table Tennis Championships 2021 honoured

Winners were honoured at the closing ceremony of the 39th Nhan Dan Newspaper National Table Tennis Championships – PetroVietnam – Ca Mau Fertiliser Cup 2021 which took place in the south-central province of Quang Nam on December 4.
pvfcco fostering responsible and practical sharing

PVFCCo fostering responsible and practical sharing

Recognising the country’s difficulties in combating the pandemic and the agricultural industry’s challenges confronting farmers, PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) has endeavoured to maintain the tradition of responsibility and sharing through practical social security programmes.
pv gas honoured among businesses with best business performance in 2021

PV GAS honoured among businesses with best business performance in 2021

PetroVietnam Gas Corporation (PV Gas), a unit belonging to Vietnam’s state-owned oil and gas giant PetroVietnam, has made it into the Top 20 most profitable businesses in Vietnam in 2021 and secured a high ranking in the tally for the fifth consecutive year.
techcombank and mb to facilitate syndicated loan package for nhon trach 3 and 4

Techcombank and MB to facilitate syndicated loan package for Nhon Trach 3 and 4

Techcombank and MB have just announced they would facilitate a $1.4 billion syndicated loan package for the Nhon Trach 3 and 4 liquefied natural gas (LNG) projects, which are backed by state-owned PetroVietnam Power Corporation (PV Power).
vietnams oil and gas laws in urgent need of readjustment to current day realities

Vietnam's oil and gas laws in urgent need of readjustment to current-day realities

The energy transition trend, volatile oil prices, and limited resources are forcing countries around the world and Vietnam to make oil and gas development more flexible and increase investment incentives in this field.