The Binh Son Refining and Petrochemical Joint Stock Company (BSR) posted over 1.25 trillion VND (54.14 million USD) in after-tax profit in the fourth quarter of 2020, up 1.08 trillion VND over the previous quarter, reflecting its better business performance.
Prime Minister Nguyen Xuan Phuc has recently decided to appoint Deputy Minister of Industry and Trade Hoang Quoc Vuong as the new Chairman of the Vietnam National Oil and Gas Group (PetroVietnam).
Deputy Prime Minister Truong Hoa Binh has urged the central province of Quang Tri, which has been hardest hit by recent floods and storms, to focus all resources to protect the lives and assets of locals and help them soon stabilise their life.
The efforts of the Vietnam National Oil and Gas Group (PetroVietnam) over the past 45 years have affirmed that "real gold does not fear the test of fire" and its employees will endeavor to make more contributions to the national development.
Since Vietnam joined ASEAN (July 28, 1995) and committed to the implementation of the ASEAN Free Trade Agreement (AFTA) in 1996, ASEAN's direct investment has contributed significantly to Vietnam’s economic development .
Electricity of Vietnam (EVN) has produced 7,185MW of power, accounting for 33.2 percent of Vietnam’s total power output in the 2016-20 period, according to the revised Power Development Master Plan (PDP) VII.
Inspection work has received special attention from the Communist Party of Vietnam and President Ho Chi Minh throughout the process of building a politically, ideologically and organizationally strong party.
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.
PTSC M&C has affirmed its position as one of the leading companies in engineering, procurement, construction and installation contractors over the past decade.
Securities companies participating in the new covered warrant market may find it less attractive to trade covered warrants of large-cap State-owned companies due to their low free-floating ratios.
The Vietnam-Russia oil and gas joint venture Vietsovpetro posted total revenues of more than 950 million USD from the sales of oil, gas and condensate in the first six months of this year, contributing 452.4 million USD to the State budget.
Twelve delayed or loss making projects under the Ministry of Industry and Trade (MoIT) would be resolved by 2020, according to the ministry’s Planning Department.
Most State-owned enterprises were operating at a profit but still needed to improve their operational efficiency, according to a report by the State Audit Office of Vietnam (SAV).
The People’s Court of Hanoi on May 6 decided to suspend a trial for the case of “abusing position and power to appropriate assets” that occurred at the PetroVietnam Exploration Production Corporation (PVEP).
The People’s Court of Hanoi on May 6 opened a trial for the case of “abusing position and power to appropriate assets” that happened at the PetroVietnam Exploration Production Corporation (PVEP).
Prison sentences ranging from 4-9 years have been proposed for two ex-leaders of the Vietnam-Russia oil and gas joint venture Vietsovpetro for “abusing position and power to appropriate assets”.
The Vietnam National Oil and Gas Group (PetroVietnam) hopes to add 15 million tonnes oil to reserves in both 2019 and 2020, heard the company’s conference to implement exploitation plans held in Vung Tau city on March 14.
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