PetroVietnam seeks resumption of suspended thermal power project

Five Vietnamese firms are among Asia’s 300 biggest and fastest and three of them are in the top 100.

Several PetroVietnam subsidiaries are struggling to maintain cash flow after being told not to withdraw their deposits with the ailing OceanBank.

Vietnam is considering giving fresh permission to Thai conglomerate Siam Cement Group for a long-delayed giant petrochemical complex.

The Ministry of Finance has reiterated that the loss-making oil and gas group PetroVietnam has to divest from non-core sectors. 

The Ministry of Public Security's Investigation Agency is investigating possible fraud by PetroVietnam in its Venezuelan oil exploration and production project.

Eleven of PetroVietnam’s 13 foreign oil and gas exploration and extraction projects are at risk of losing their investment.

PetroVietnam's board of directors has received a resignation letter submitted by the state-owned group's general director Nguyen Vu Truong Son.

Vietnam is considering scrapping import tariffs on crude oil and minerals.

Dinh La Thang will be investigated for losses incurred by a biofuel plant in the northern province of Phu Tho.

PV Power, the country’s second largest power producer, will list on the Ho Chi Minh bourse this month with a market capitalization of $1.5 billion.

A former CEO and chief accountant of Vietsovpetro are accused of involvement in excess interest payments made by OceanBank.

The former CEO of PetroVietnam Exploration Production Corporation was arrested Tuesday for abusing power to appropriate property.

Vietnam’s crude oil output is expected to fall by 10 percent a year through to 2025 due to declining reserves at existing fields, PetroVietnam said on Wednesday.