The Vietnam National Petroleum Group (Petrolimex) reported total sales of more than 155.65 trillion VND (6.83 billion USD) last year, a year-on-year increase of 26 percent.
The Petrolimex Equipment Joint Stock Company (Peco) has inked a comprehensive technical cooperation contract on petrol dispenser production with two Japanese partners, Tatsuno Corporation and Nomura Trading Co. Ltd.
The Vietnam National Petroleum Group signed an agreement with the Binh Son Refinery and Petrochemical Co Ltd (BSR) on cooperation in boosting sales of petrol products produced by Dung Quat Refinery.
Domestic ATM card holders of 41 National Payment Corporation of Vietnam (NAPAS) member banks can pay by card at the Vietnam National Petroleum Group (Petrolimex)’s petrol stations nationwide from August 1.
The Ministry of Finance (MoF) is going ahead with its plan to increase environmental protection tax on petroleum from the current 1,000-4,000 VND to 3,000-8,000 VND per litre, despite objections from other ministries and the public.
The supply of E5 bio-fuel is enough to meet the local demand and can fully replace RON 92 petrol beginning next year, the Ministry of Industry and Trade (MoIT) said.
The Vietnam National Petroleum Group (Petrolimex) and Myanmar’s HTOO Group of Companies have recently signed a deal in Hanoi, under which they will explore the possibility of doing business in Myanmar
The Vietnam National Petroleum Group (Petrolimex) has announced that it sold all 20 million registered treasury shares at transaction value five times higher than par value.
Recent returns have shown that investments in pre-listing companies promise big gains for investors who make bets on the firms with impressive business results and clear listing plans.
Petrolimex Engineering JSC and Petrolimex Construction JSC 1 started a project to expand the Chevron Vietnam lubricant oil factory in Dinh Vu Industrial Park, Hai Phong, on April 26.
Vietnam’s stock market outlook will likely remain negative this week as a lack of supporting business information and potential global risks drive investor confidence down, according to analysts.
The Vietnam National Petroleum Group (Petrolimex) began trading on the Ho Chi Minh Stock Exchange (HoSE) on April 21 with shares, coded PLX, starting at 43,200 VND (1.9 USD).
The State Securities Commission (SSC) has endorsed the ceiling foreign ownership level at the Petrolimex at 20 percent as approved by Prime Minister Nguyen Xuan Phuc last year.
Petrovietnam Oil (PV Oil) Corp. aims to expand its share of the domestic oil and petrol retail market from 22 percent to at least 35 percent by 2020 through mergers and acquisitions transactions.
The Vietnam National Petroleum Group (Petrolimex) will list its shares coded PLX on the Ho Chi Minh Stock Exchange (HOSE) some time between April 18 and 21.
All 2,400 gas stations owned by the Vietnam National Petroleum Group (Petrolimex) are designed to accommodate cash free purchases and can switch to an automated pay model to help reduce labour costs, especially late at night, said Bui Ngoc Bao, Petrolimex’s Chairman.
Two giant State-owned corporations, Vietnam National Petroleum Group (Petrolimex) and Vietnam Steel Corporation (VNSTEEL), achieved record profits last year, according to a conference held by the Party Organisation of the Central Enterprises Bloc (CEB).
Business
XIII National Congress of Communist Party of Vietnam
