PetroVietnam plans to embark on hydrogen industry Business

PetroVietnam plans to embark on hydrogen industry

With the goal of helping to guarantee national energy security and in response to a downward trend in oil and gas extraction output, the Vietnam Oil and Gas Group (PetroVietnam) has identified the research and assessment of its opportunities in developing the hydrogen industry, including producing “green” hydrogen and exploring natural hydrogen sources, as a crucial task.
PetroVietnam: vaccination made top priority Business

PetroVietnam: vaccination made top priority

As many employees of the Vietnam Oil and Gas Group (PetroVietnam) have not been vaccinated against COVID-19, the group's production and trade as well as projects and plants have met with many difficulties and challenges, and above all, the employees' safety and health are at high risk.
PVcomBank wins prestigious international awards Business

PVcomBank wins prestigious international awards

The Vietnam Public Joint Stock Commercial Bank (PVcomBank), in which the State-owned Vietnam Oil and Gas Group (PetroVietnam) holds a 52-percent stake, has been honoured as the Best Trade Finance Bank, the Best Card Service Provider, and the Best Bank for Customer Services in Vietnam for 2021 among the Finance Derivative Awards.
PetroVietnam presses ahead with vaccination campaign Health

PetroVietnam presses ahead with vaccination campaign

The Vietnam Oil and Gas Group (PetroVietnam), one of the first state-owned enterprises lauching their vaccination scheme for workers, is drastically implementing the work to ensure the health of employees and uninterrupted business and production.
PetroVietnam’s five-month pre-tax profit triples  Business

PetroVietnam’s five-month pre-tax profit triples

The Vietnam Oil and Gas Group (PetroVietnam) posted 144.9 trillion VND (6.31 billion USD) in pre-tax profit during January-May, 2.3 times higher than the targeted number set for the period and tripling that of 2020.
More funds raised for COVID-19 fight Society

More funds raised for COVID-19 fight

Firms under the Commission for the Management of State Capital at Enterprises (CMSC) had raised 2.36 trillion VND (102.71 million USD) for the COVID-19 vaccine fund as of June 2.
PetroVietnam’s sci-tech development: Turning the impossible into the possible Business

PetroVietnam’s sci-tech development: Turning the impossible into the possible

Mastering technology and constantly creating innovations are the ongoing aims of scientific and technological development and application projects conducted by the Vietnam Oil and Gas Group (PetroVietnam). The success of such projects has generated trillions of VND for Vietnam, ensuring the profitability of oil and gas fields and plants and helping many localities improve people’s living standards.
Good governance helps PetroVietnam achieve impressive growth Business

Good governance helps PetroVietnam achieve impressive growth

The Vietnam Oil and Gas Group (PetroVietnam) enjoyed impressive production and business results in the first four months of 2021, thanks to its efforts to address bottlenecks to stimulate production and improve governance, besides an increase in oil prices.