Petrovietnam Enhances Economic and Trade Cooperation with US Partners

During an official visit to the United States, Vietnam's Minister of Industry and Trade, Nguyen Hong Dien, led a working delegation—including representatives from Petrovietnam Group and its subsidiaries—to engage with the US Trade Representative (USTR), the Department of Energy (DOE), and other relevant agencies. As part of this trip, Petrovietnam and its member units signed several economic and trade cooperation agreements with US partners.

Petrovietnam accelerates E&P activities as a foundation for sustainable “double-digit growth”

Oil and gas exploration and production (E&P) has always been a core business, making a substantial contribution to Petrovietnam’s goals, plans, and development strategies.

Towards the 50th Anniversary of Petrovietnam’s Founding (September 3, 1975 – September 3, 2025): A New Path Has Opened

In 2025, Petrovietnam will celebrate its 50th anniversary (September 3, 1975 – September 3, 2025). Although still "young" compared to major oil and gas corporations worldwide, Petrovietnam has made its mark with unprecedented achievements throughout its half-century journey of construction and development.

"Maintain Momentum, stay on pace, break through, and Transform" together with the nation into a new era

Petrovietnam Meets Contractors 2025: Accompanying Development – Connecting for Success

On February 21, in Vung Tau City, Petrovietnam hosted its 2025 annual meeting with contractors, operators, and partners in the oil and gas sector currently operating in Vietnam.

Petrovietnam key milestones of 2024

PV GAS and PETRONAS Strengthen Cooperation in the LNG Sector

On March 26, 2025, a delegation from Malaysia’s national oil and gas company PETRONAS, led by Vice President Mr. Shamsairi M. Ibrahim, visited the headquarters of PetroVietnam Gas Joint Stock Corporation (PV GAS) to explore opportunities for enhanced cooperation in the gas and LNG value chain. The working session was part of efforts to implement the Memorandum of Cooperation (MoC) previously signed between Petrovietnam and PETRONAS.

Petrovietnam's Growth Target Aligns with the Nation’s Development Goals

A well-defined growth strategy for Petrovietnam will play a crucial role in driving the country's double-digit growth in the upcoming phase. The Group has been prioritizing effective corporate governance, implementing integrated solutions, improving efficiency, ensuring safe operations, and maintaining stable growth momentum.

International cooperation driving Petrovietnam's global expansion

Petrovietnam – A New Aspiration in Nuclear Power Development

On the afternoon of February 19th, immediately after the National Assembly passed the Resolution on several exclusive mechanisms and policies for investing in the construction of the Ninh Thuan nuclear power project, Petrovietnam organized the conference "Nuclear Power - New Aspiration of the Vietnam Oil and Gas Group."

Setting a New Record: Petrovietnam Poised for a Breakthrough in the Nation’s New Era

The year 2025 marks a particularly significant milestone for Petrovietnam as the Group approaches its 50th anniversary (September 3, 1975 – September 3, 2025). With strong determination and available resources, the entire Petrovietnam system is committed to successfully achieving its strategic goals, ready to make a breakthrough in the nation’s new era.

Petrovietnam 2024: Implementing New Momentum, Refreshing Existing Drivers - Generating New Energy

In 2024, the Vietnam Oil and Gas Group (Petrovietnam) aims to make its mark through a comprehensive innovation strategy that focuses on new growth drivers—offshore wind power, LNG, and key oil and gas projects. These transformations showcase the Group's adaptability to changes in the energy sector while creating new development opportunities that contribute to the country's socio-economic growth.

Scientific and Technological "Revolution" - A New Momentum for Petrovietnam’s Era Transition

The resolution on breakthrough development in science and technology, innovation, and digital transformation by Petrovietnam’s Party Committee is a crucial solution to drive growth, enhance productivity, quality, and efficiency, and serves as a decisive factor for Petrovietnam to accelerate and elevate itself into the National Energy Industry Group.

Dr. Le Manh Hung - Secretary of the Party Committee, Chairman of the Board of Members

Innovation at the Core: Transforming Petrovietnam into an "Extraordinary" National Energy Industry Corporation

Vietnam Oil and Gas Group (Petrovietnam) is unified in its goals, actions, and strategic development direction to transform into Petrovietnam – the National Energy Industry Corporation, pursuing “double-digit” growth and sustainable longevity.

Petrovietnam's impressive recovery shows resilience and strategic management

Petrovietnam's impressive results in recent years have stemmed from its strategic decisions and innovative approach.

Announcement

Vietnam Oil and Gas Group (“Petrovietnam”), is pleased to inform that Petrovietnam is organizing an interest survey of cooperation to conduct petroleum activities with respect to Blocks 01/97 & 02/97 as follows:

Amending the Law on Electricity to unlock resources for energy security and net zero emissions

The draft amendment to the Law on Electricity, which is on the agenda at the current session of the National Assembly, would be a bold step for Việt Nam towards ensuring national energy security and achieving net zero emissions by 2050.

Petrovietnam aims for over US$39 billion in 2024 revenue

Chairman Lê Mạnh Hùng has asked subsidiaries to assess global economic and political situation and trends to seize opportunities.

Petrovietnam's nine-month results surpass revenue and budget contribution targets for 2024

Petrovietnam's earned a total revenue of VNĐ736.5 trillion and contributed VNĐ115.2 trillion to the State budget in the first nine months of 2024, surpassing its annual targets by three to four months.

PetroVietnam, EVN sign agreements to promote LNG power

Vietnam Oil and Gas Group (Petrovietnam) on Friday signed a power purchasing agreement (PPA) for Nhơn Trạch 3 and 4 power plant project and a memorandum of understanding to supply liquified natural gas (LNG) for Quảng Trạch 2 with Vietnam Electricity (EVN), paying the way for the development of gas-fired power.