PetroVietnam profits hugely on government monopoly

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Báo Thanh Niên English 2 hour(s) ago

PetroVietnam profits hugely on government monopoly

State-owned fuel giant PetroVietnam has reported more than US$1.1 billion in profit during the first-half of the year, thanks mostly to gains in sectors where it faces no competitors or enjoys preferential policies.

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Vietnam oil and gas giant H1 profit surpasses target, topping $1.1bn

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Báo Tuổi Trẻ English 2 day(s) ago

Vietnam oil and gas giant H1 profit surpasses target, topping $1.1bn

State-run Vietnamese oil and gas behemoth PetroVietnam (PVN) surpassed an income target in the first half of this year, an impressive result driven by strong earnings from its preferential and exclusive operations against losses from non-core activities.

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PetroVietnam Drilling expects to beat full-year earnings target

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Báo Thanh Niên English 1 week(s) ago 1 related news

PetroVietnam Drilling expects to beat full-year earnings target

PetroVietnam Drilling & Well Services Joint-Stock Co., the country’s biggest listed oilfield services provider, expects full-year profit to beat its forecast after first-half earnings climbed 45 percent, buoyed by an increase in rates for drilling rigs.

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City drops off despite early gains

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VietnamPlus English 1 week(s) ago 1 related news

Stocks failed to sustain gains on the Hochiminh Stock Exchange on July 23 afternoon despite opening high with the benchmark VN-Index down 0.08 percent to close at 597.50 points.

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PVEP asked to boost overseas investment

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VietnamPlus English 1 week(s) ago 1 duplicate news

PVEP asked to boost overseas investment

Deputy Prime Minister Hoang Trung Hai has proposed that PetroVietnam Exploration Production Corporation (PVEP) focus on mapping out strategies to boost its oil and gas exploration and exploitation overseas.

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PetroVietnam achieves H1 goals

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VietNam News English 1 week(s) ago 1 duplicate news

PetroVietnam achieves H1 goals

The Viet Nam Oil and Gas Group (PetroVietnam) reached all targets in production and business for the first half of this year, according to the group's press release yesterday.

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Heavyweight stocks lift VN-Index

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VietNam News English 1 week(s) ago 1 duplicate news

Rallies of three major stocks, Vinamilk (VNM), PV Gas (GAS) and VinGroup (VIC), yesterday helped the benchmark VN-Index surpass a strong resistance landmark of 600 points on the HCM Stock Exchange.

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Business cross-ownership creates messy playing field

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VietnamNet English 3 week(s) ago

VietNamNet Bridge – Cross ownership turns out to be not only a problem of the banking system as complex connections have been found in many other business fields.

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Business cross-ownership creates messing playing field

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VietnamNet English 3 week(s) ago

VietNamNet Bridge – Cross ownership turns out to be not only a problem of the banking system as complex connections have been found in many other business fields.

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Nam Con Son pipeline financing approved

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VOV News English 1 month(s) ago 1 related news

Nam Con Son pipeline financing approved

(VOV) - Taiwan’s Cathay United Bank and the PetroVietnam Gas Joint Stock Corporation on July 1 signed a credit package authorizing US$280 million of financing for construction of phase one of the Nam Con Son 2 gas pipeline project.

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PV Gas drags down VN-Index

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VietnamPlus English 1 month(s) ago 2 related news

The benchmark VN-Index unexpectedly closed lower by the end of July 1 session, although it was green for most of the trading time.

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Foreign banks loan 280 million USD for gas pipeline project

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VietnamPlus English 1 month(s) ago 1 related news

A group of foreign banks on July 1 signed a contract to loan 280 million USD to the PetroVietnam Gas Joint Stock Corporation for the first phase of the Nam Con Son 2 gas pipeline project.

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PV Gas drags down VN-Index

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Báo Đầu Tư English 1 month(s) ago 2 related news

PV Gas drags down VN-Index

The benchmark VN-Index unexpectedly closed lower by the end of yesterday's session, although it was green for most of the trading time.

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PV Gas plans 20 percent stake sale

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VietnamPlus English 1 month(s) ago 1 related news

State-owned fuel giant PetroVietnam Gas Corporation (PV Gas) will sell additional 20 percent of stakes held by the State after its gas pricing mechanism is approved, said the corporation's General Director Do Khang Ninh.

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Stock market: shares slide, liquidity improves

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VietnamPlus English 1 month(s) ago 1 related news

The VN-Index on the HCM Stock Exchange on June 20 lost 6.57 points, or 1.16 percent, to close at 560.78 points.

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