The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
ADB will provide technical support for Petrolimex to carry out its work, including a preliminary assessment of the group's investment and business portfolio and potential energy transition roadmaps.
Can Tho city needs to show strong determination and take drastic actions to fulfil its heavy responsibility towards itself, the Mekong Delta region, and the entire country, National Assembly (NA) Chairman Vuong Dinh Hue said on October 10.
National Assembly (NA) Chairman Vuong Dinh Hue on October 10 requested the Mekong Delta province of Hau Giang to focus on effective development to contribute to the realisation of national targets this year.
The Vietnam National Petroleum Group (Petrolimex) aims to achieve a pre-tax profit of over 3.2 trillion VND (139.1 million USD) this year, up 42% annually.
Head of the Party Central Committee’s Economic Commission Tran Tuan Anh held a working session with the Vietnam National Petroleum Group (Petrolimex) in Hanoi on March 31.
Vietnam's petrol and oil imports increased sharply in the first two months of 2023, reaching 1.7 billion USD, a surge of 56.3% year on year, the Ministry of Industry and Trade (MoIT) has reported.
Vietnam National Petroleum Group (Petrolimex) just approved the resolution of the Board of Directors on a plan to disinvest in Petrolimex Group Commercial Joint Stock Bank (PG Bank).
VinFast and Petrolimex opened electric vehicle charging service at 10 petrol stations on October 14, as part of a plan to expand the network to 500 stations of Petrolimex across the country.
The Vietnam National Petroleum Group (Petrolimex) cooperated with the global digital payment company Visa to launch contactless payment services at the former’s petrol stations across the country on May 31.
The Castrol, BP and Vietnam Petroleum Corporation (Petrolimex) signed an agreement extending their joint-venture contract for the next 20 years, starting from 2022, during an online ceremony on December 6.
The Vietnam National Petroleum Group (Petrolimex) and the Japan Cooperation Centre Petroleum (JCCP) on September 28 signed a cooperation agreement for Phase 3 of the cooperation project to improve the efficiency of management and operation of petroleum depots.
In Directive No. 10 issued on August 23, the Minister of Industry and Trade requested relevant agencies to enhance management of the export and import of some commodities so as to support domestic production and consumption.
Vietnam’s largest petroleum retailer Petrolimex has reported that earned almost 1.27 trillion VND (55 million USD) in pre-tax profit in 2020, equivalent to 81 percent of this year’s target and down nearly 76 percent from 2019.
New policies are in the making to allow foreign firms to gain greater footing in Vietnam's petrol retail market, according to the Ministry of Industry and Trade (MoIT).
