Articles under: Petrovietnam
Vietnamese, Singaporean firms ink agreements to bolster economic relations
Singapore’s FDI into Vietnam in 2022 amounted to nearly US$6.46 billion, making it the largest foreign investor for that year.
Vietnam NA chairman demands supervision of biggest oil refinery amid petroleum scarcity
Vietnam holds only a 25.1% stake in the US$9-billion joint venture that marked the participation of two Japanese investors and one Kuwaiti.
Vietnam may rely on West African crude oil as domestic output falters: S&P
Nigerian and Angolan grades are seen as cheaper than Southeast Asian oil.
PM urges improved finance mechanism for state-run PetroVietnam
The petroleum sector holds a significant role in the country’s development, not only in terms of economy, but also in national defense and security.
State-owned firms urged to preserve State capital in pandemic context
In a market-based economy, all economic actors compete fairly with each other, while state-owned enterprises (SOEs) are independent and accountable for their own performance, Deputy Prime Minister Truong Hoa Binh has said.
Petrovietnam calls for investment in its newly-found gas fields
Prime Minister Nguyen Xuan Phuc requested the group to strengthen cooperation with foreign partners, mostly Russians to tap potential for further development and ensure security for contractors as well.
AES, PetroVietnam set up joint venture for US$1.4 billion LNG terminal
The partnership is expected to develop a hub for LNG imported from the US.