ADB, PVN establish partnership to promote green energy development in Vietnam
The partnership establishes the foundation for cooperation activities between PVN and ADB such as strategy and roadmap for the green energy transition.
11:05, 2021/03/13Vietnam to name 7 state-owned enterprises as industry-leaders
As industry leaders, state enterprises are responsible for forming value chains and promoting innovation in their respective sectors by mobilizing the participation of enterprises from various economic components.
11:36, 2021/02/08Stocks to ride on Vietnam economic recovery in 2021
Cement, petroleum and retail stocks are those that could see strong rises in 2021.
11:20, 2020/10/07Vietnam honors 30 largest taxpayers
The average tax contribution from 30 enterprises in the list is estimated at VND3 – 6 trillion (US$130 – 260 million) per year in the 2015 – 2019 period.
16:31, 2020/09/11Fitch affirms state-run PetroVietnam's rating at BB with stable outlook
PVN accounts for about a third of the country's refined product output and supplies gas for power plants that make up about 15% of Vietnam's power generation.
10:39, 2020/07/31Vietnam discovers oil & gas well with record reserves
The Ken Bau well is set to be put into operation by 2028.
18:57, 2020/07/13Vietnam trade ministry proposes opening petroleum retail market for foreign firms
Under the revised regulation, local oil and petrol traders are now allowed to transfer their stakes to foreign investors but foreign ownership should not exceed 35%.
15:06, 2020/04/23Vietnam state oil producer proposes temporary halt of oil imports
A representative of the trade ministry, however, suggested measures should be in compliance with current regulations and international agreements that Vietnam is a part of.
18:16, 2020/04/13Fitch revises outlooks on Vietnam major state-run energy, electricity firms to Stable
The ratings are at the same level as the Vietnam sovereign rating.
09:38, 2020/04/02Vietnam crude oil and natural gas production face downside risks on Covid-19
Overall crude oil and natural gas production in Vietnam may suffer year-on-year declines of 5% and 1%, respectively, in 2020.