Vietsovpetro surpasses oil and gas production targets for Q1
The Vietnam-Russia joint venture Vietsovpetro reported that its oil and gas production in the first quarter of 2019 surpassed its target for the period.
Illustrative image (Source: vietsov.com.vn)Hanoi (VNA) – The Vietnam-Russia joint venture Vietsovpetro reported that its oil and gas production in the first quarter of 2019 surpassed its target for the period.
In terms of oil and condensate, the firm exploited 919,000 tonnes in lot 09-1, 7.5 percent higher than the set target, and 43,700 tonnes in lot 09-3/12, surpassing the goal by 7.1 percent.
Meanwhile, Vietsovpetro’s total gas production was 39.6 million cu.m, exceeding the plan by 25 percent.
During the period, the firm sold 958,600 tonnes of oil and condensate for 487.8 million USD.
In the first quarter of 2019, Vietsovpetro’s eight new oil fields came online. –VNA
You should also see
InfographicQuang An listed among the coolest streets in the world
Quang An Street in Tay Ho district, Hanoi, has been listed among the 30 coolest streets in the world by the British travel magazine Time Out.
See more
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
Business
Beautycare Expo 2024 opens in Hanoi
The Beautycare Expo 2024 kicked off Hanoi on April 18, featuring over 250 booths from more than 15 countries and territories.
