petrovietnam tireless amid adversity

PetroVietnam tireless amid adversity

Consistent with a solution package for overcoming the double crisis of decreasing demand and falling oil prices, Vietnam Oil and Gas Group achieved 7.76 million tonnes of oil and gas in the first eight months of this year, exceeding its plan by 8.2 per cent.
celebrating 45 years of petrovietnam development

Celebrating 45 years of PetroVietnam development

Over its 45 years of development, state-run PetroVietnam has built and developed a complete and synchronous oil and gas industry, playing an important role in Vietnam’s economic development and actively participating in the protection of the national sovereignty.
petrovietnam and honda missing from list of prestigious exporters for 2019

PetroVietnam and Honda missing from list of prestigious exporters for 2019

PetroVietnam and Honda were not mentioned in the list of prestigious exporters for 2019 published by the Ministry of Industry and Trade (MoIT).
vnpoly becomes fibre provider for adidas and target

VNPOLY becomes fibre provider for adidas and Target

Little more than two years after resuming operations, Vietnam Petrochemical and Fibre JSC (VNPOLY), a subsidiary of PetroVietnam, is now a supplier of international and domestic customers and has recently become the main fibre provider of two famous brands adidas and Target.
petrovietnam reports positive results in first seven months

PetroVietnam reports positive results in first seven months

Despite facing the double crisis of falling oil prices and the COVID-19 pandemic, PetroVietnam achieved positive business results in the first seven months with an after-tax profit of more than VND10 trillion ($434.8 million).
petrovietnam subsidiaries co operate to increase efficiency to cope with dual crisis

PetroVietnam subsidiaries co-operate to increase efficiency to cope with dual crisis

Leading subsidiaries of PetroVietnam on August 3 signed contracts to strengthen cooperation and share human and information resources as well as experiences to bolster the group's inner strength and cope with the dual crises besetting it.
petrovietnam reports slight increase of revenue in first half of 2020

PetroVietnam reports slight increase of revenue in first half of 2020

Despite facing the double crisis of the COVID-19 pandemic and decreasing oil and gas prices, PetroVietnam is keeping its business stable and has gained a slight increase in revenue in the first half of the year.
petrovietnam bucking trends with positive business results

PetroVietnam bucking trends with positive business results

The easing of the coronavirus situation and the improving global oil and gas prices have helped Vietnam’s state-run oil and gas group PetroVietnam achieve a growing business result in May.
pv power to invest and build nhon trach 3 and nhon trach 4 thermal power plants

PV Power to invest and build Nhon Trach 3 and Nhon Trach 4 thermal power plants

Vietnam's second-largest electricity producer PetroVietnam Power Corporation (PV Power) has officially confirmed its approval of investment for Nhon Trach 3 and Nhon Trach 4 thermal power plants, with a combined capacity of between 1,300 to 1,760MW.
pv power to take a dive into solar power

PV Power to take a dive into solar power

PV Power plans to establish a member company to set foot in the renewable energy sector. At first, the group will construct rooftop solar power systems on the buildings and factories in the holding of PetroVietnam.
petrovietnam proposal to stop importing petroleum refused

PetroVietnam proposal to stop importing petroleum refused

The proposal to either stop or suspend petroleum imports lodged by PetroVietnam was refused as it would impact petroleum importers as well as violate Vietnam's free trade agreement and WTO commitments.
petrovietnam continues to make important economic contributions despite covid 19

PetroVietnam continues to make important economic contributions despite COVID-19

Although facing the double crisis of COVID-19 and the lowest-ever oil price, PetroVietnam has spotted opportunities to consolidate its business and get ready for a new stage of development.
oil and gas groups switch strategies to avert strain

Oil and gas groups switch strategies to avert strain

The latest bout of market turbulence has pushed the price of oil into negative territory, but investors can still turn the state of events to their advantage.
pvx prepares to delist from hnx due to weak performance

PVX prepares to delist from HNX due to weak performance

Tremendous prolonged losses forced PetroVietnam Construction JSC (HNX: PVX) to delist from the Hanoi Stock Exchange.
petrovietnam proposes restriction of oil imports due to covid 19

PetroVietnam proposes restriction of oil imports due to COVID-19

PetroVietnam has proposed restricting or temporarily halting the import of petroleum as aviation and transport are frozen due to the prolonged coronavirus outbreak.