Numerous enterprises have reported rising profits in the first half of the year, with several firms seeing a twofold surge in profits after tax compared to last year. This indicates an economic recovery despite both domestic and international challenges.

The Petrovietnam Exploration Production Corporation (PVEP), the Petrovietnam Oil Corporation (PVOIL), and the Binh Son Refining and Petrochemical JSC (BSR) have signed a contract to supply crude oil from the Dai Hung field to the Dung Quat refinery.

The Vietnam ICT Press Club and the National Cybersecurity Association (NCA) organised a seminar on ransomware prevention and control in Hanoi on April 5.

The Vietnam Petroleum Institute (VPI) and the PetroVietnam Oil Corporation (PVOIL) have agreed to collaborate in the research on electric vehicle (EV)’s battery and charging station.

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).

The Vietnam Oil and Gas Group (PetroVietnam) has reported oil equivalent output of 8.99 million tonnes in the first five months of 2020, 4.4 percent higher than its target.

The Government earned 198 trillion (8.49 billion USD) from divestment and equitisation of State-owned enterprises (SOEs) in the past three years.

Japan-Kuwait joint venture Idemitsu Q8, the first 100-percent-foreign-owned oil & gas retail company in Vietnam, has opened its third petrol station in the northern province of Hung Yen.

As much as 7.45 trillion VND (320.5 million USD) were collected for the State budget from the initial public offerings (IPOs) of three member companies of the Vietnam Oil and Gas Group (PetroVietnam) in the first six months of 2018.

The National Oil and Gas Group (PetroVietnam) said it is coordinating with relevant partners to prepare for the resumption of Binh Phuoc Ethanol Plant in the southern province of Binh Phuoc.

PetroVietnam Oil Corporation (PVOIL) has announced Lunar New Year promotional prices at its more than 540 petrol stations nationwide for February 1 and 2.

The PetroVietnam Oil Corporation (PVOil) is completing preparations for its initial public offering (IPO) scheduled for January 25, 2018 in Ho Chi Minh Stock Exchange (HOSE).

The Vietnam National Petroleum Corporation (Petrolimex) and PetroVietnam Oil Corporation (PVOil) on December 15 officially supplied E5 RON92 bio-fuel for sale nationwide to replace RON 92 petrol, 15 days before a Government deadline.