PetroVietnam posts three-fold rise in pre-tax profits Business

PetroVietnam posts three-fold rise in pre-tax profits

The Vietnam Oil and Gas Group (PetroVietnam) reported that its pre-tax profit in the first eight months of the year surpassed the set plan by 177 percent and tripled the figure for the same period last year, reaching 30.2 trillion VND (1.32 billion USD).
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.
Central province warns of petrol surplus, calls for import cuts Business

Central province warns of petrol surplus, calls for import cuts

The People's Committee of Quang Ngai province, home to Binh Son Refinery and Petrochemical Joint Stock Company (BSR), one of the country's largest petrochemical enterprises and the province's key economic lifeline, has reported to the Prime Minister's Office that the country should prioritise the use of gasoline and diesel oil from domestic suppliers and reduce imports in light of crumbling demand during the pandemic.
Vietsovpetro contributes greatly to Vietnam-Russia ties: Russian diplomat Business

Vietsovpetro contributes greatly to Vietnam-Russia ties: Russian diplomat

Russian Ambassador to Vietnam Gennady Bezdetko has published an article on the occasion of the Vietnam – Russia oil and gas joint venture Vietsovpetro celebrating its 40th founding anniversary and 35 years since it began oil and gas exploitation, praising the firm's significant contributions to the nations’ comprehensive strategic partnership.
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.
Vietsovpetro – A 40-year journey of oil exploration Business

Vietsovpetro – A 40-year journey of oil exploration

The Vietnam – Russia oil and gas joint venture, Vietsovpetro, has conducted hundreds of thousands of kilometres of 2D seismic survey and tens of thousands of square kilometres of 3D seismic survey and drilled over 600 exploration and production wells of oil and gas with a total length of more than 2,500km.