Friday, October 19, 2018 - 1:39:58

National Oil and Gas Group

FDI lays foundation for acceleration of oil and gas sector

Business

FDI lays foundation for acceleration of oil and gas sector

Since the Vietnamese Government and Italian contractor AGIP signed the first production sharing contract in 1978, foreign direct investment (FDI) in the oil and gas sector has not only brought large revenue to the country but also laid important foundations for the sector to develop strongly.

Vietnam, Russia sign various cooperation agreements

Business

Vietnam, Russia sign various cooperation agreements

General Secretary of the Communist Party of Vietnam (CPV)’s Central Committee Nguyen Phu Trong and Russian President Vladimir Putin witnessed the signing of many cooperation agreements on September 6, within the framework of the former’s ongoing visit to Russia.

Merger of two biggest fertiliser firms considered

Business

Merger of two biggest fertiliser firms considered

PetroVietnam is laying out plans to divest capital from the two biggest Vietnamese fertiliser companies – PetroVietnam Fertiliser & Chemicals Corp (DPM) and PetroVietnam Ca Mau Fertiliser Joint Stock Company (DCM) – to submit to authorities for consideration.

Vietnam, Algeria look to further cooperation

Politics

Vietnam, Algeria look to further cooperation

Vietnam and Algeria need to make stronger actions to further promote their economic cooperation and bilateral partnership in line with the two newly emerging economies’ existing potential, said Algerian Foreign Minister Abdelkader Messahel.

PV Power to shift listing to HOSE

Business

PV Power to shift listing to HOSE

PV Power will shift its listing from UPCoM to the HCM Stock Exchange by the end of this year, the company announced in its first shareholders’ meeting in Hanoi on June 26.

Court upholds sentence against Dinh La Thang in OceanBank case

Society

Court upholds sentence against Dinh La Thang in OceanBank case

The High-Level People’s Court in Hanoi on June 26 upheld the charges and sentences against Dinh La Thang and five of his accomplices in the case involving the National Oil and Gas Group (PetroVietnam)’s contribution of 800 billion VND to the Ocean Commercial Joint Stock Bank (OceanBank).

Former petroleum executives prosecuted for trade fraud

Society

Former petroleum executives prosecuted for trade fraud

The Investigation Police Bureau for Economic Management Order Offences (C46) on June 21 began proceeding procedures against four people accused of abusing position and power to appropriate assets in three petroleum companies under the Vietnam National Oil and Gas Group (PetroVietnam).