PetroVietnam aims for over 39 billion USD in 2024 revenue

The Vietnam Oil and Gas Group (Petrovietnam) is taking strong measures to earn 1 quadrillion VND (equivalent to 39.4 billion USD) in revenue this year.

Petrovietnam said basing on the results recorded during the first 10 months, the group and its subsidiaries will continue ensuring safety for their facilities and factories while accelerating key projects.

Concrete measures will be adopted to reduce costs, prevent wastefulness, and better the efficiency of facilities and factories.

For the remainder of this year, Petrovietnam asked subsidiaries to assess global economic and political situation and trends so as to devise response measures and seize opportunities.

During January - October, the State-owned firm basically achieved and surpassed all of its targets by 0.1 - 18.3%, including many aspects posting year-on-year growth such as fertiliser, electricity, and petrol production./.