Tag PetroVietnam
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Embattled Vietnamese official seen in rare public photo after implication in massive graft case

Dinh La Thang's appearances in the media have been rare since he was ousted from the Politburo, but his name remains a major talking point.

Defense lawyer fights death penalty sought for ex-chairman of Vietnam's energy giant

What were acceptable interest payments paid by a scandal-hit bank have been discriminately criminalized, lawyers ...

Vietnamese investigators shine spotlight on PetroVietnam units as massive banking graft case widens

Three subsidiaries of the state-owned giant are accused of colluding with OceanBank execs to appropriate $5.2 million.
September 14, 2017 | 11:37 am GMT+7

Energy exec faces death, ex-banker faces life as massive graft case unravels in Vietnam

Prosecutors have called for the stiffest penalty possible for former chairman of PetroVietnam Nguyen Xuan Son.
September 14, 2017 | 11:14 am GMT+7

Energy giant execs arrested as Vietnam continues probe into massive bank fraud

They are accused of causing losses of $35.2 million at PetroVietnam by throwing money into a troubled bank.
September 01, 2017 | 06:08 pm GMT+7

Exxon Mobil Vietnam gas project could start in November: state TV

The project would contribute nearly $20 billion to the state budget.
August 29, 2017 | 10:08 pm GMT+7

Vietnam energy giant tries to bail from sinking shipyard after years of debts and losses

PetroVietnam does not expect to recoup its million-dollar investment in the business.
August 29, 2017 | 10:07 am GMT+7

'I turned myself in': Vietnam's former oil exec confesses on state television

His confession dovetails with Vietnam's official line on why he returned, but it remains unclear how he did so.
August 03, 2017 | 09:02 pm GMT+7

Vietnam 'regrets' German kidnapping allegations after oil exec 'turns himself in'

Hanoi says it 'respects and wants to develop a strategic relationship' with Berlin.
August 03, 2017 | 04:18 pm GMT+7

Vietnam’s most wanted runaway bigwig 'turns himself in': police

It remains unclear where Trinh Xuan Thanh has been hiding out after Vietnam issued an international arrest warrant for him.
July 31, 2017 | 06:48 pm GMT+7

Vietnam probes former top execs at state fuel giant over $61 million loss

The former leaders are being held responsible for 'ineffective' operation at a textile plant that was shut down after just over a year.
June 20, 2017 | 04:13 pm GMT+7

PetroVietnam smashes revenue target to hit $9 bln in first five months

The national oil giant has contributed $1.6 billion to the state budget so far this year.
June 09, 2017 | 02:29 pm GMT+7

PetroVietnam, foreign firms win license to build $1.27 bln gas pipeline

The project is the biggest new investment pledge in Vietnam to receive government approval so far in 2017.
April 26, 2017 | 09:16 pm GMT+7

PetroVietnam projects falling Q2 oil output as low prices weigh on revenue

Crude oil output from April-June is expected to fall 10 percent from the first quarter.
March 23, 2017 | 02:47 pm GMT+7

Vietnam oil product prices slashed by highest margin since Jan 2016

The government is trying to curb inflation in 2017, and lower fuel prices might help it meet the annual target. 
March 22, 2017 | 03:09 pm GMT+7