Vietnam intends to develop a healthily competitive energy market under State regulation, according to a project approved recently by Prime Minister Nguyen Xuan Phuc.
Despite the great impacts of the COVID-19 pandemic on business and production activities, this year has seen the highest number of enterprises and products awarded with the title “Vietnam Value” so far.
The State-owned Vietnam Oil and Gas Group (PetroVietnam) has made it into the top three largest firms in Vietnam this year, the tenth year in a row, according to the latest ranking co-released by Vietnam Report (VNR) and e-newspaper VietNamNet.
The PetroVietnam Gas Join Stock Corporation (PV Gas) on November 16 welcomed the first flow of gas from Field SV, part of a project on developing the offshore SV-DN gas field to the Nam Con Son 2 pipeline on the mainland.
Forty of the largest companies by market capitalisation posted a 15 percent annual decline in total pre-tax profit, which fell to 162.8 trillion VND (7.02 billion USD) in January-September.
Senior government officials, industry executives and partners gathered in Hanoi on October 28 for the Indo-Pacific Business Forum (IPBF), which began in Hanoi on October 28.
Among 124 domestic enterprises featuring 283 products officially honoured with the title of 2020 Vietnam National Brands, five are subsidiaries of the Vietnam Oil and Gas Group (PetroVietnam).
The PetroVietnam Gas Joint Stock Company (PV GAS) and the US-based AES Corporation have signed the term sheet of the joint venture agreement for the development of the Son My LNG Import Terminal Project - a project with a total investment cost of 1.4 billion USD.
The Forbes Vietnam magazine recently placed PetroVietnam Gas Joint Stock Corporation (PV GAS) second in terms of after-tax profit and fourth in revenue among top 50 listed companies in 2019 in its rankings.
PetroVietnam GAS Corporation JSC (PV GAS), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), raked in over 6 trillion VND (over 259 million USD) of post-tax profit in the first nine months of the year, exceeding the target set for the period by 27 percent.
The Vietnam Oil and Gas Group (PetroVietnam) has reported an oil output of 8.64 million tonnes in the first nine months of this year, 9.4 percent higher than the set target.
PetroVietnam Gas Joint Stock Corporation (PV Gas) has taken the lead in the Vietnam Oil and Gas Group (PetroVietnam) and played key role in the domestic gas industry, heard a meeting celebrating the 30th founding anniversary of the corporation in HCM City on September 18.
Vietnam News Agency Television Centre (Vnews) and the agency’s bureau in the northern province of Hai Duong on August 19 presented 5,500 face masks and 2,000 sets of protective clothing to the local centre for disease control and health department, in an effort to prevent the spread of COVID-19.
Three subsidiaries of the State-owned Vietnam Oil and Gas Group (PetroVietnam) signed a business cooperation contract (BCC) on August 3 to carry out a chain of gas, power, and service port projects.
The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has been named among the top 50 best performing listed companies in Vietnam in 2019 (Top 50) by the “Nhip Cau Dau Tu” (Investment Bridge) magazine and the Thien Viet Securities JSC.
The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), was among the top 50 Vietnamese firms receiving the 2019 sustainable energy award.
Business
XIII National Congress of Communist Party of Vietnam
