The group maintained stable supplies of crude oil for domestic refineries as well as essential petrol and gas products, thus helping to stabilise the domestic market and support economic growth.
Prime Minister Pham Minh Chinh outlined six pioneering initiatives for state-owned giant Vietnam National Industry - Energy Group (Petrovietnam) to drive the country toward double-digit growth next year during a conference in Hanoi on December 26.
Petrovietnam should also lead in adopting sci-tech, digital transformation, green transition, data infrastructure and artificial intelligence to accelerate its shift toward renewables, hydrogen, liquefied natural gas, nuclear power and offshore wind.
The Government leader voiced confidence that Hung would harness his background to deliver rapid, sustainable sectoral progress, targeting double-digit growth to support national economic ambitions in the new era.
The STEM rooms under the STEM Innovation Petrovietnam programme are developed under the model of “speed – standardisation – sustainability”, with modern equipment such as smart interactive boards, AI-IoT systems, VEX robotics sets, 3D printers, CNC cutters and laboratory kits on energy and the environment.
Petrovietnam Chairman Le Manh Hung extended Vietnamese Teachers’ Day greetings and said the group is honoured to contribute to a project of historical and sectoral importance.
The Vietnam National Industry - Energy Group (Petrovietnam) has issued its science, technology, innovation, and digital transformation strategy through 2030, with a vision to 2050, to improve competitiveness, positioning science and technology, innovation, and digital transformation as key drivers of the group’s sustainable growth.
It plans to build 100 standardised STEM labs in 34 cities and provinces, marking the biggest education project ever undertaken by a Vietnamese state-owned enterprise.
Drawing on extensive experience in energy projects, and oil and gas exploration and production, Petrovietnam is well positioned to participate deeply in the offshore wind value chain.
Petrovietnam has strengthened its international business operations, viewing this as a strategic pillar in the group's development strategy to ensure growth targets and demonstrate its global competitiveness.
Representing the Vietnam National Industry - Energy Group (Petrovietnam), Deputy General Director Le Manh Cuong joined the roundtable discussion on “Energy Transition and the ASEAN Power Grid – Connecting Markets, Securing the Future”, alongside the Premier of Sarawak, the ADB Southeast Asia Director General, and the President and CEO of Tenaga Nasional Berhad (TNB).
The consolidated revenue of the Vietnam National Industry - Energy Group (Petrovietnam) reached 484 trillion VND (18.37 billion USD) in the first nine months of 2025, marking a 10% increase compared to the same period in 2024.
Petrovietnam sustained steady operations, achieving growth across all core norms
Party chief To Lam expressed his confidence that with its proud tradition, resilience, intellect, professionalism, and sense of solidarity, along with its faith and aspiration to rise, Petrovietnam will continue to serve as a pillar of the economy, a “National Enterprise” for the country’s interests, and a source of pride for the Party, the State, and the people.
With this new name, Petrovietnam reaffirms that it is no longer solely a traditional oil and gas enterprise. It now positions itself as a national hub for industrial development, service innovation, and energy security, and is committed to sustainable development, technological modernisation, and ensuring energy stability for the nation.