PetroVietnam pumps 1.78 million tonnes of oil in 2 months
The Vietnam Oil and Gas Group (PetroVietnam) has reported that its oil output reached 1.78 million tonnes in the first two months of this year, surpassing the set target by 24 percent.
Song Hau 1 thermal power plant (Photo: congthuong.vn)The group’s revenue in January and February was estimated at 118.73 trillion VND (5.19 billion USD), exceeding the two-month target by 34 percent, and up 46 percent from the same period last year.
It contributed some 18.05 trillion VND to the State budget, surpassing the two-month target by 52 percent, and up 48 percent year on year.
Thai Binh thermal power plant (Source: VNA)Chairman of the Board of Directors of PetroVietnam Hoang Quoc Vuong said at a recent meeting that it is necessary to further bring into full play opportunities in production and restructuring.
PetroVietnam General Director Le Manh Hung said the group will focus on market forecasting to flexibly cope with the new situation, and urged units to continue with digitalisation in business./.
Video
Vietnam - Holy See relations record much progress: officials
First-ever baguette festival honours national delicacy
Vietnam, Malaysia enjoy thriving relations over five decades
Ninth National External Information Service Awards launched
Vietnam's retail market proves attractive for foreign investors
You should also see
Vietnam, US hold 12th Political, Security, Defence Dialogue
The 12th Vietnam-US Political, Security and Defence Dialogue was held in Washington D.C on March 30 under the co-chair of Vietnamese Deputy Minister of Foreign Affairs Ha Kim Ngoc and US Assistant Secretary of State for Political-Military Affairs Jessica Lewis.
See more
Business
Ben Tre province boosts collective economy development
The Cuu Long (Mekong) Delta province of Ben Tre is fostering the development of its collective economy and improve its operational efficiency.
Business
Japanese investors highly appreciate Vietnamese property market
Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.
Business
Lam Dong province to expand organic farming
The Tay Nguyen (Central Highlands) province of Lam Dong plans to increase the area of farms with organic standard certification by 575ha this year.
Business
Automotive giant to lead the push for electric taxis in Vietnam
The participation of giants is leading the push for electric taxis in Vietnam which would reshape the taxi landscape towards more green transportation but the fares remain a decisive factor.
Business
Work starts on Vietnam’s first green hydrogen plant
TGS Tra Vinh Green Hydrogen Company, a member of The Green Solutions Group, has started construction of Vietnam's first and largest green hydrogen factory in the Mekong Delta province of Tra Vinh’s Duyen Hai district, with total investment of 8 trillion VND (341 million USD).
