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State oil group PetroVietnam poised to beat 2016 output target
It is expected to contribute a fifth of the state’s revenue this year.
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.
Infamous former PetroVietnam leader pleads for leniency at landmark corruption trial
'I only want to die at home in the arms of relatives, to become a free ghost, not an imprisoned ghost.'
January 13, 2018 | 10:56 pm PT
PetroVietnam corruption trial: Defense lawyers battle allegations in week 1
A summary of the main clashes between prosecutors and defendants at the trial of fallen political figures.
January 16, 2018 | 04:00 am PT
Runaway oil exec sentenced to life as PetroVietnam corruption trial wraps up
Trinh Xuan Thanh's former boss at the oil giant, Dinh La Thang, was given 13 years behind bars for mismanagement.
January 21, 2018 | 08:34 pm PT
Runaway bigwig's second trial suspended pending verification in Vietnam
Prosecutors have asked for more time to look into one of the companies Trinh Xuan Thanh was involved with.
January 28, 2018 | 12:16 am PT
Former PetroVietnam chief to stand 2nd trial for role in banking graft case in March
Dinh La Thang is facing another 10-20 years in prison for his role in the infamous multi-million-dollar graft case at OceanBank.
February 23, 2018 | 05:48 pm PT
Vietnam's runaway oil exec appeals second life sentence for embezzlement
Trinh Xuan Thanh claimed he did not commit embezzlement as convicted by the Hanoi court last month.
March 1, 2018 | 06:52 am PT
Fallen PetroVietnam chief appeals jail sentence in million-dollar graft case
Dinh La Thang claims he is not liable for the $26 million he has been asked to return as a result of losses.
April 16, 2018 | 07:51 pm PT
A question mark over $9 billion refinery
PetroVietnam, a principal investor in Vietnam’s largest oil refinery, said that it is finding it “almost impossible” to comply with new investment capital regulations.
July 21, 2018 | 05:08 pm PT
PVN wants deposits unfrozen to fund delayed, cash-strapped power plant
PVN is seeking to withdraw $5.5 million worth of frozen deposits its subsidiaries have in OceanBank to finance its much-delayed Thai Binh 2 plant.
August 19, 2018 | 11:06 pm PT
Jailed PetroVietnam chief faces another criminal probe
Dinh La Thang will be investigated for losses incurred by a biofuel plant in the northern province of Phu Tho.
January 20, 2019 | 08:48 pm PT
Petrovietnam reports 26 percent hike in revenues last year
Vietnam National Oil and Gas Group has announced its 2018 results, which show it exceeded its revenue and state budget contribution targets.
February 5, 2019 | 06:00 pm PT
Vietnam’s top oil executive seeks to resign
PetroVietnam's board of directors has received a resignation letter submitted by the state-owned group's general director Nguyen Vu Truong Son.
March 13, 2019 | 06:24 pm PT
PetroVietnam's troubled billion-dollar investment in Venezuela probed
The Ministry of Public Security's Investigation Agency is investigating possible fraud by PetroVietnam in its Venezuelan oil exploration and production project.
March 16, 2019 | 11:14 pm PT
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