Petrolimex also signed a separate strategic cooperation agreement with the National Citizen Commercial Joint Stock Bank (NCB) covering finance and banking, while Petrolimex Aviation and Sun PhuQuoc Airways signed a Memorandum of Understanding to expand cooperation in aviation fuel.
The Vietnam National Petroleum Group (Petrolimex) aims to achieve a pre-tax profit of over 3.2 trillion VND (139.1 million USD) this year, up 42% annually.
Surging international crude oil price on improving demand has helped many oil and gas companies record big profits in the first quarter of this year, after losing in 2020.
The Vietnam National Petroleum Group (Petrolimex) has met the majority of the goals set for the 2015-2020 period, paying nearly 188 trillion VND (about 8.036 billion USD) to the State budget while exhibiting strong performance in ensuring energy security, meeting demand for petroleum, and contributing to social welfare activities.
The Vietnam National Petroleum Group (Petrolimex) plans to sell 15 million treasury stocks in transactions held between June 16 and July 15 to mobilise capital for investment in 2020, announced chairman Pham Van Thanh at Petrolimex’s recent annual general meeting of shareholders.
The Vietnam National Petroleum Group (Petrolimex or PLX) forecast a drop in both revenue and profit this year due to the decline in demand amid the COVID-19 pandemic.
The Vietnam National Petroleum Group (Petrolimex) presented medical equipment worth more than 1.94 billion VND (84,000 USD) to the Hanoi Lung Hospital in an effort to fight COVID-19.
The Vietnam National Petroleum Group (Petrolimex) incurred a loss of over 1.8 trillion VND (78.2 million USD) in the first quarter due to the impact of COVID-19, according to its financial statement announced on May 5.
The Vietnam National Petroleum Group (Petrolimex) has decided to postpone its annual shareholders’ meeting 2020 scheduled for April 28, amid the complicated developments of the acute respiratory disease caused by SARS-CoV-2 (COVID-19).
The Communist Party of Vietnam (CPV) Central Committee’s Inspection Commission has proposed the Politburo and the CPV Central Committee expel two former senior officials from the CPV, the commission announced on September 30.
The Vietnam National Petroleum Group (Petrolimex) posted a consolidated pre-tax profit of 3.06 trillion VND (over 131.6 million USD) in the first half of 2019, up 8 percent year on year.
The Committee for Management of State Capital at Enterprises (CMSC) will receive a cash dividend of more than 2.55 trillion VND (109 million USD) from the Vietnam National Petroleum Group (Petrolimex) for its performance in 2018.
The Vietnam National Petroleum Group (Petrolimex) is planning to invest in a liquefied natural gas (LNG) project in the south central province of Khanh Hoa.
Prime Minister Nguyen Xuan Phuc sent a working group to the Vietnam National Petroleum Group (Petrolimex) on September 25 to examine the firm’s implementation of tasks assigned by the Prime Minister and the Government so far.
The Vietnam National Petroleum Group (Petrolimex) is proceeding to sell a maximum of 60 million treasury stocks on the Ho Chi Minh Stock Exchange, the second sale of its kind since its debut in April 2017.
Forbes Vietnam on July 26 organised a ceremony to honour Vietnam’s top 50 listed companies in 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.
The Government Inspectorate will carry out an inspection targeting State-owned enterprises (SOEs) in which the Ministry of Industry and Trade (MoIT) controls State capital.
Forbes Vietnam has announced Vietnam’s 50 top listed companies for 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.
