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PetroVietnam
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Vietnam refinery trials Russian Sokol crude oil
The Dung Quat refinery has processed Russian Sokol crude oil on trial basis to diversify resources.
Ministry says no to suspension of petroleum imports
The trade ministry has rejected a proposal that Vietnam stops importing petroleum, saying large domestic inventories cannot negate other factors like international commitments.
Vietnam to quarantine 1,300 plus foreign oil experts on arrival
The Health Ministry says around 1,330 highly skilled oil industry experts will be quarantined in the coming days as they enter the country.
May 05, 2020 | 09:00 pm GMT+7
PetroVietnam’s ex-chairman nabbed as corruption crackdown widens
The arrest takes place concurrently with that of a disgraced Communist Party official who used to head PetroVietnam.
December 08, 2017 | 09:49 pm GMT+7
Petrovietnam profits drop despite revenue surge
State-owned oil giant Petrovietnam saw consolidated pre-tax profits fall 13.4 percent year-on-year to VND43.8 trillion ($1.89 billion).
January 11, 2020 | 12:00 pm GMT+7
Former deputy director of Petroland declared a fugitive
The former deputy director of Petroland is absconding and wanted for questioning for actions causing losses of VND100 billion ($4.3 million).
December 14, 2019 | 01:58 pm GMT+7
Overseas investments by Vietnam SOEs suffer increasing losses
Overseas investment projects of Vietnamese state-owned enterprises made losses of $367 million in 2018, up 265 percent year-on-year, a government report said.
October 19, 2019 | 01:58 pm GMT+7
Foreign companies continue to lead efficiency stakes in Vietnam
A report on Vietnam’s 500 most profitable companies has found foreign enterprises have better profitability ratios than state and local private firms.
September 27, 2019 | 06:33 pm GMT+7
Construction of Vietnam's first LNG terminal to begin next month
State-run PetroVietnam Gas Corporation (PV Gas) and its partners plan to start construction of the country’s first LNG terminal in southern Vietnam next month.
September 24, 2019 | 11:45 am GMT+7
PetroVietnam seeks resumption of suspended thermal power project
PetroVietnam is seeking permission to restart work on a coal-fired power plant which was suspended following the arrest of officials for wrongdoing.
July 24, 2019 | 02:27 pm GMT+7
Declining investment limits Vietnam’s oil and gas industry
Declining investment, dwindling reserves, high taxes and red tape are combining to limit Vietnam’s oil and gas industry.
July 20, 2019 | 02:32 pm GMT+7
Three Vietnamese firms among Asia’s top 100 power performers
Five Vietnamese firms are among Asia’s 300 biggest and fastest and three of them are in the top 100.
July 14, 2019 | 09:04 am GMT+7
PetroVietnam subsidiaries told not to close OceanBank deposits
Several PetroVietnam subsidiaries are struggling to maintain cash flow after being told not to withdraw their deposits with the ailing OceanBank.
May 22, 2019 | 10:10 am GMT+7
Vietnam authorities to assess Thai petrochemical plant for license
Vietnam is considering giving fresh permission to Thai conglomerate Siam Cement Group for a long-delayed giant petrochemical complex.
March 27, 2019 | 09:06 am GMT+7
Ministry of Finance cracks the whip on PetroVietnam divestment
The Ministry of Finance has reiterated that the loss-making oil and gas group PetroVietnam has to divest from non-core sectors.
March 23, 2019 | 07:38 am GMT+7
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