05-08-2020 10:33
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.
17-07-2020 12:55
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.
17-06-2020 11:00
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.
16-06-2020 15:22
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.
01-06-2020 14:45
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.
18-05-2020 08:03
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.
13-05-2020 12:28
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.
09-05-2020 10:52
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.
05-05-2020 18:14
Tremendous prolonged losses forced PetroVietnam Construction JSC (HNX: PVX) to delist from the Hanoi Stock Exchange.
14-04-2020 10:03
PetroVietnam has proposed restricting or temporarily halting the import of petroleum as aviation and transport are frozen due to the prolonged coronavirus outbreak.
08-04-2020 14:54
PetroVietnam employees are giving their best to overcome the double impacts brought about by the biggest decrease in oil prices in the last 17 years and the global COVID-19 pandemic.
07-04-2020 16:22
The revenues of PetroVietnam and Petrolimex slumped by VND141 trillion ($6.13 billion) and VND12 trillion ($521.74 million) this year due to the dropping oil price and the COVID-19 health crisis.
06-04-2020 21:37
If the COVID-19 pandemic continues to last for a long time and the price of oil cannot recover, the revenue of 19 state-owned groups and corporations will see a plunge of VND279.76 trillion ($12.16 billion) this year, and eight of them will suffer a damage of VND26.32 trillion ($1.14 billion), according to the Committee for Management of State Capital at Enterprises.
06-04-2020 21:35
Due to the poor performance of the general economy, the total first-quarter revenue of Vietnam Oil and Gas Group slid VND13.194 billion ($573,650) against the same period last year.
01-04-2020 12:41
PetroVietnam and its subsidiaries are actively implementing solutions to cope with the double impact of the COVID-19 epidemic and the lowest oil prices in the world market in the last 17 years.