Vietnamplus

A painting exhibition titled “The life around us” was recently held at the Hanoi-based Vietnam Fine Arts Museum, conveying meaningful messages about the life.

Singapore's non-oil domestic exports (Nodx) expanded 17.9 percent in October 2021, hitting a record high after a growth of 20.5 percent four years ago.

The Vietnam Oil and Gas Group (PetroVietnam) and the Asian Development Bank (ADB) on November 18 signed a Memorandum of Understanding (MOU) on establishing a strategic partnership for 2021 – 2024 to promote clean and renewable energy development, and help PetroVietnam achieve targets in green energy transition.

In the context of declining oil and gas output, one of the tasks for the Vietnam Oil and Gas Group (PetroVietnam) is to seek and implement solutions to optimise resources at oil lots and fields.

The Vietnam-Russia oil and gas joint venture Vietsovpetro has put its new generation unmanned mini oil rig BK-18A into operation.

The Vietnam Oil and Gas Group (PetroVietnam) contributed 75.4 trillion VND (3.32 billion USD) to the State budget in the first 10 months of this year, up 23 percent from the same period last year and 21 percent higher than the yearly plan.

Total state budget collection in the first ten months of 2021 fulfilled about 90.9 percent of the estimate and was up 5.5 percent year-on-year, showed data released by the Ministry of Finance’s Department of State Budget.

Deputy Prime Minister Le Minh Khai affirmed Vietnam always attaches importance to promoting sound relations with Kuwait while receiving visiting Kuwaiti Minister of Oil Mohammad Abdullateef M A Alfares in Hanoi on October 29.

Since 2015, Vietnam has seen consecutive declines in oil and gas output and exploitation plan. What're reasons behind the situation and solutions to the problem?

Retail petrol prices increased by more than 1,400 VND per litre from 4 pm on October 26 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Despite the recovery of petrol prices, profits of many businesses in the oil and gas sector dropped in the third quarter of this year due to impacts of the COVID-19 pandemic.

The Ca Tam oilfield has pumped up 1 million tonnes of crude oil after it was put into operation three years ago. ​

Hai Long Offshore Wind Power has signed a preferred supplier agreement with a Vietnamese consortium led by Semco Maritime A/S of Denmark and PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C) of Vietnam to construct two offshore substations off the coast of Chinese Taiwan.

Vietnam has called on relevant sides in Yemen to end all military actions, resume dialogue, and cooperate with the special envoy of the United Nations to work out a comprehensive political solution.

Vietnamese Ambassador to Russia Dang Minh Khoi made a working trip to the Nenets autonomous region of Russia on October 6-7, during which he inspected production activities of the Russia-Vietnam oil and gas joint venture (Rusvietpetro) in North Khosedaiu field.

The Vietnam Oil and Gas Group (PetroVietnam) has surpassed important business and financial targets set for the first nine months of 2021, with its contribution to the State budget fulfiling the yearly plan.

Russian media have positively evaluated Vietnamese Minister of Foreign Affairs Bui Thanh Son’s official visit to Russia from September 25 to 28, the first trip to Russia since he took office in April.

The Vietnam-Russia oil and gas joint venture Vietsovpetro has maintained production cost for a barrel of crude oil at less than 30 USD, the lowest among Vietnamese oil and gas producers, according to the firm.

Fitch Ratings has assessed the Vietnam Oil and Gas Group (PetroVietnam)'s Standalone Credit Profile (SCP) at 'BB+', reflecting the company's conservative financial profile, diversification and integration.

The Vietnam – Russia oil and gas joint venture Vietsovpetro is likely to complete all of its yearly targets in revenue, profit and State budget payment right in September thanks to comprehensive and effective measures to promote production.