PetroVietnam proposed to pilot OSW projects

PetroVietnam proposed to pilot OSW projects

The MoIT has been tasked with reporting on the necessary procedures for assigning PetroVietnam to conduct surveys for OSW power.
MoIT report addresses offshore wind project concerns

MoIT report addresses offshore wind project concerns

The MoIT has proposed that state-owned enterprises such as EVN, PVN, or the Ministry of Defence should pilot offshore wind power projects.
PetroVietnam to reduce stake in PVcomBank

PetroVietnam to reduce stake in PVcomBank

Vietnam Oil and Gas Group is set to diminish its stake significantly in PVcomBank.
EVN loses electricity monopoly, holding 37 per cent of total system capacity

EVN loses electricity monopoly, holding 37 per cent of total system capacity

State-owned enterprises no longer dominate as private investment in power generation rises sharply.
CMSC navigates reforms and challenges at SOEs

CMSC navigates reforms and challenges at SOEs

The proactive evolution of CMSC in overseeing key SOEs.
HDI Global SE, despite alleged violations, dominates PVI with 53.92 per cent stakes

HDI Global SE, despite alleged violations, dominates PVI with 53.92 per cent stakes

HDI Global SE now holds a majority position at PVI with 53.92 per cent of the shares.
PetroVietnam continues to make important economic contributions despite COVID-19

PetroVietnam continues to make important economic contributions despite COVID-19

Despite 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.
Upgrade for PetroVietnam after positive credit moves

Upgrade for PetroVietnam after positive credit moves

State-owned conglomerate PetroVietnam has been assigned an upgrade in two credit areas by one of the ‘big three’ ratings agencies, reflecting the group’s high degree of integration, diversification, and conservative financial profile.
Japanese bank eyes EVN’s energy projects

Japanese bank eyes EVN’s energy projects

The Japan Bank for International Cooperation (JBIC) is interested in investment plans for energy projects of the Vietnam Electricity (EVN) and Vietnam Oil and Gas Group (PVN), unveiled Kazuhisa Yumikura, Managing Executive Officer and Global Head of Infrastructure and Environment Finance Group at JBIC.
Investigation into PetroVietnam losses in Dinh Vu polyester

Investigation into PetroVietnam losses in Dinh Vu polyester

The Haiphong agency has requested PetroVietnam to comply with the investigation into its deals related to PVTex and Dinh Vu polyester plant.