Petrovietnam maintains first place in PROFIT500 rankings

The Vietnam Oil and Gas Group (PetroVietnam) continues to maintain the first place on the top 500 most profitable companies in Vietnam in 2022 (PROFIT500) for the fourth consecutive year.
Petrovietnam maintains first place in PROFIT500 rankings ảnh 1The rankings compiled by Vietnam Report were announced at a ceremony in Hanoi on October 25. (Photo: VNA)
Hanoi (VNA) – The Vietnam Oil and Gas Group(Petrovietnam) continues to maintain the first place on the top 500 mostprofitable companies in Vietnam in 2022 (PROFIT500)for the fourth consecutive year.

The rankings compiled by Vietnam Report were announced at aceremony in Hanoi on October 25.

Several subsidiaries ofPetrovietnam also occupied high rankings in the list. Among the top 100companies are Petrovietnam Gas Joint Stock Corporation (PV Gas) is at the 16th place, Binh Son Refining and Petrochemical JSC (BSR) at the 22nd,Petrovietnam Fertiliser and Chemicals Corps (PVFCCo) 44th,Vietsovpetro 53rd, Petrovietnam Power Corporation (PV Power) 71st, and Ca Mau Petroleum Fertilizer Joint Stock Company (PVCFC) 75th.

In the first nine months of 2022,Petrovietnam had fulfilled most production and business targets, with four importanttargets completed ahead of schedule, including contribution to the Statebudget, thanks to effective risk management.

The brand value of Petrovietnamis constantly increasing year by year. According to Brand Finance, Petrovietnam'sbrand was valued at 945 million USD in 2020, more than double that of 2019.

By2022, this value increased to nearly 1.3 billion USD, maintaining its positionamong the ten most valuable brands in Vietnam.
The group has a BrandStrength Index (BSI) score of 70.8 and maintains a brand rating of AA.

Petrovietnam is also in the Top 20 of theV1000 list (1000 corporate income taxpayers) in Vietnam in 2021 announced by the General Department of Taxation.  

After more than 6 decades of development,Petrovietnam has grown into a strong economic group with total assets worthover 40 billion USD and a workforce of nearly 60,000./.
VNA

See more

Vietnam is emerging as a preferred destination for many foreign enterprises (Photo: hanoimoi.vn)

Vietnam emerges as bright spot of growth, trusted and responsible partner

Despite a volatile global environment, Vietnam recorded solid gains in 2025. With flexible and proactive policies under the leadership of the Communist Party of Vietnam and the Government, all 15 key socio-economic targets were met or exceeded, while GDP expanded by about 8.02%, surpassing expectations.

An image of a Vietnamese game. CIS region has potential for gaming developers from Viet Nam. (Photo: Courtesy of cellphones.com.vn_

CIS: Opportunity for game developers in Vietnam

The CIS region, which includes Eastern Europe and Central Asia, has potential for gaming developers from Vietnam as this market displays user behaviour patterns that are highly favourable for mobile gaming growth, particularly around major holiday periods.

Banks, including MB Bank, have issued alerts about scams conducted via social media platforms such as Zalo and Facebook, where criminals impersonate acquaintances. (Photo: The Courtesy of MBBank)

Financial scams surge ahead of Tet

As the Lunar New Year (Tet) approaches, financial and banking scams in Vietnam are showing a sharp upward trend, prompting banks and law enforcement agencies to issue repeated warnings.

Hai Phong targets 4.3 billion USD in FDI in 2026 (Photo: VNA)

Hai Phong city targets 4.3 billion USD in FDI in 2026

Hai Phong’s investment appeal is underpinned by a rapidly expanding development space, including the Southern Coastal Economic Zone covering more than 20,000 hectares, a planned free trade zone, deep-water ports at Lach Huyen, and 12 industrial parks newly established in 2025.

The relocation of check-in counters aims to better meet the travel needs of residents and visitors. (Photo: VNA)

Vietjet shifts domestic check-in at Tan Son Nhat from January 13

During the recent New Year 2026 holiday peak, Vietjet added 380 flights, equivalent to nearly 78,000 additional seats, on many key domestic routes linking Hanoi and Ho Chi Minh City with destinations such as Vinh, Thanh Hoa, Hai Phong, Da Nang, Phu Quoc, Nha Trang and Da Lat.

Commercial banks are providing approximately 88% of total green credit outstanding in Vietnam. (Photo: nhandan.vn)

Capital sources expanded for sustainable growth

According to the State Bank of Vietnam (SBV), by the end of November 2025, outstanding green credit was estimated at around 750 trillion VND (28.55 billion USD), with an average growth rate exceeding that of overall credit in the economy.

Customers select goods at a supermarket. (Photo: VNA)

Retail market expands sharply, sustainability challenges persist

According to a report on recently released by the Ministry of Industry and Trade’s Agency for Domestic Market Surveillance and Development, the size of the market reached more than 7 quadrillion VND (about 266 billion USD) in 2025, up around 10% compared with 2024.

Oil rigs at the Bach Ho oil field. (Photo: VNA)

Resolution 79: State economy to lead growth

Resolution 79 is described as a “clear action declaration” by the Politburo, saying the state economy is not only responsible for maintaining macroeconomic stability, but must also become the force leading a new growth model that is green and sustainable.

Workers at Garment 10 Corporation produce apparel for export. (Photo: Nhan Dan)

Vietnam leverages export advantages within RCEP region

In 2025, seafood exports to China alone exceeded 2.2 billion USD, up about 33% compared to 2024. Shipments to Japan fetched nearly 1.7 billion USD, a year-on-year increase of 14.6%, while those to the Republic of Korea and Australia grew by 9.6% and 3.2%, respectively.

Certificates of membership in the Vietnam International Financial Centre in Da Nang are awarded at the conference on January 9. (Photo: VNA)

Da Nang continues targeted investment promotion approaches

According to Chairman of the Da Nang People’s Committee Pham Duc An, the city prioritises building sustainable economic ecosystems and focuses on key breakthrough sectors with strong spillover effects, including high technology and digital transformation, logistics, urban infrastructure, finance, processing and manufacturing industries, high-tech agriculture, and the pharmaceutical and medicinal herb industry.