Vietnamplus

The Vietnam Report JSC and online newspaper VietNamNet held a ceremony in Hanoi on November 6 to announce the Profit500 2019 list.

Among the 10 most profitable firms in the banking – financial – securities sector in 2019, banks continue to be the focus of attention while the “trillions-of-VND” club has seen changes.

The state-owned oil and gas group PetroVietnam (PVN) and its member company, PetroVietnam Gas Corporation (PV Gas) started construction on a liquefied natural gas (LNG) warehouse at Thi Vai Terminal in the southern province of Ba Ria – Vung Tau on October 28.

Nearly 40 listed companies on Vietnam’s two local exchanges will be honoured at the Best Listed Companies Awards 2019 in November.

The Vietnam National Oil and Gas Group (PetroVietnam) has fulfilled and surpassed most of the production targets set for September and the first nine months of this year.

Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.

PTSC M&C has affirmed its position as one of the leading companies in engineering, procurement, construction and installation contractors over the past decade.

Vietnam Oil and Gas Group (PetroVietnam) and its subsidiaries made great efforts to safely and effectively implement the Bien Dong project No.1, which is said to be a miracle of the country’s oil and

The success of Bien Dong project No.01 of the Bien Dong POC in the East Sea has affirmed the internal strength of the petroleum industry, contributing to ensuring national energy security.

PetroVietnam Drilling & Well Service Corporation (PV Drilling) under PetroVietnam will provide heavy tender assist semi-submersible drilling rig for Brunei Shell Petroleum Company Sdn Bhd (BSP).

By now, the PVN has built a modern oil and gas manufacturing industry able to effectively meet the needs for exploration and exploitation in replacement of the products it previously had to import.

Reporting 50.6 trillion VND (2.17 billion USD) in before-tax profit in 2018, the Vietnam Oil and Gas Group (PetroVietnam) has become the most profitable corporation in the country.

The Vietnam Oil and Gas Group (PetroVietnam) has become the most profitable corporation in the country, with 50.6 trillion VND in pre-tax profit in 2018, up 7.5 percent year-on-year.

Fitch Ratings has assigned the Vietnam Oil and Gas Group's (PetroVietnam) first-time long-term foreign-currency issuer default rating (IDR) at 'BB' with a positive outlook.

Oil and gas projects in the central region of Vietnam, including onshore and offshore ones, are being implemented by the consortium of contractors - ExxonMobil Corporation, Vietnam Oil and Gas Group (PetroVietnam) and PetroVietnam Exploration Production Corporation (PVEP) as scheduled.

The Vietnam Oil and Gas Group (PetroVietnam) earned 489.5 trillion VND (over 21 billion USD) in revenue in the first eight months of the year, exceeding the target by 19 percent although the average price of crude oil fell to 58.62 USD per barrel in August compared to the predicted price of 65 USD per barrel.

The Vietnam Oil and Gas Group (PetroVietnam) reported more than 21 billion USD in revenue the first eight months, exceeding the target by 19 percent despite falling global oil prices.

PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) has won three prestigious titles voted by investors and press.

Environmentally-friendly buses in Ho Chi Minh City could face operating problems as compressed natural gas (CNG) suppliers plan to reduce CNG supply, according to local authorities.

The Vietnam Oil and Gas Group (PetroVietnam) is seeking permission to restart work on the Thai Binh 2 Thermal Power Plant which was suspended following the arrest of related officials for wrongdoings.