Petrovietnam: 50 years of energy creation, affirming its role as a pillar of the national economy

Over the past half century, Petrovietnam has written a story from "zero" to become a pillar of national energy and economy, closely associated with the journey of building and developing the country. The brilliant achievements in exploration - exploitation, oil and gas refining, gas - electricity, fertilizer and technical services not only affirm the mettle and intelligence of generations of "oil and gas people", but also create a solid foundation for energy security, social security and sustainable growth. Now, on the foundation of that heritage, Petrovietnam continues to nurture the aspiration to reach far, pioneering in the transition to green - clean - sustainable energy, creating global stature for a Vietnamese brand.

General Secretary To Lam attends the 50th anniversary of Petrovietnam's founding

On September 21, 2025, in Hanoi, the Vietnam National Industry and Energy Group (Petrovietnam) solemnly held a ceremony to receive the First Class Labor Medal and celebrate the 50th anniversary of its establishment (September 3, 1975 - September 3, 2025). General Secretary To Lam attended and delivered a speech.

Vice Chairman of the National Assembly Vu Hong Thanh: "Petrovietnam is a solid pillar of the economy, a symbol of national development aspirations"

In 50 years of construction and development, the Vietnam National Oil and Gas Group (Petrovietnam) has not only affirmed its position as a leading state-owned economic group, making an important contribution to the budget, but also become a symbol of the nation's strong will and aspiration. Vice Chairman of the National Assembly Vu Hong Thanh shared his thoughts on the special mark and expectations for Petrovietnam on the occasion of its 50th anniversary.

Petrovietnam asked to continue leading nation’s industrialisation, modernisation

Over the past 50 years, Petrovietnam has made tremendous contributions to the country, acounting for 20-30 per cent of total state budget revenue for multiple years, said the Party General Secretary Tô Lâm at the group's 50th founding anniversary.

Petrovietnam Group receives First Class Labor Medal

Recognizing Petrovietnam's important contributions to the country, General Secretary To Lam awarded the First Class Labor Medal to Petrovietnam Group.

Celebrating the 50th anniversary of Petrovietnam's founding (September 3, 1975 - September 3, 2025):

At the Business Meeting with the theme "80 years of businesses accompanying the country" chaired by Prime Minister Pham Minh Chinh on August 30, Chairman of the Board of Directors of the Vietnam National Industry and Energy Group (Petrovietnam) Le Manh Hung shared about the Group's 5 "An" and 5 "Nhat" in its journey accompanying the country.

Petrovietnam celebrates 50 years of science and technology innovation

Petrovietnam has reached a significant milestone, celebrating 50 years of operations since its establishment in 1975. The Vietnamese national oil and gas company has positioned science and technology as the cornerstone of its half-century journey, demonstrating how innovation drives resilience and sustainable growth in the energy sector.

Petrovietnam disburses over $942 million in investment in 7 months

Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market.

Celebrating the 50th Anniversary of Petrovietnam’s Founding (September 3, 1975 – September 3, 2025)

Petrovietnam – The “5 An” and “5 Nhất”

At the business forum titled “80 Years of Enterprises Standing with the Nation,” chaired by Prime Minister Phạm Minh Chính on August 30, Chairman of the Board of Directors of the Vietnam National Industry and Energy Group (Petrovietnam), Lê Mạnh Hùng, shared the Group’s “5 An” (5 pillars of security) and “5 Nhất” (5 leading achievements) in its mission of accompanying the country.

Close-up of Petrovietnam's booth at the National Achievements Exhibition 2025

In the jubilant and excited atmosphere of the whole country making achievements to celebrate the 80th anniversary of the August Revolution and National Day September 2; the exhibition booth of the Vietnam National Industry and Energy Group (Petrovietnam) at the National Achievements Exhibition is ready to welcome visitors from August 28 to September 5, 2025, at the National Exhibition Center (Dong Anh, Hanoi).

Petrovietnam ready for the National Achievement Exhibition

On August 27, a delegation of leaders of the Vietnam National Industry and Energy Group (Petrovietnam) led by General Director Le Ngoc Son came to survey and inspect the preparations at the Group's exhibition booth, ready for the opening ceremony of the National Achievements Exhibition taking place from August 28 to September 5, 2025 at the National Exhibition Center.

PVD8 rig - symbol of PV Drilling's spirit of creativity, resilience and ambition to reach out

On the morning of August 18, in Ho Chi Minh City, Deputy Prime Minister Bui Thanh Son attended the launching ceremony of the 8th jack-up rig named PV Drilling VIII (PVD8) of the Oil and Gas Drilling and Well Services Corporation (PV Drilling).

Vietsovpetro welcomes first oil flow from Kinh Ngu Trang field - Kinh Ngu Trang Nam

(Chinhphu.vn) - On the morning of August 18, in Ho Chi Minh City, Deputy Prime Minister Bui Thanh Son attended the ceremony to attach the project's signboard and welcome the first oil flow from Kinh Ngu Trang - Kinh Ngu Trang Nam (KNT-KNTN) field, Block 09-2/09 of the Vietnam - Russia Joint Venture Vietsovpetro.

Petrovietnam disburses over 942 million USD in investment in 7 months

Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.

Petrovietnam disburses over $942 million in investment in 7 months

Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market.

VPI SP Chemical System: A Modern Scientific and Technological Product of Petrovietnam

For the first time in Vietnam, a technological solution to enhance oil recovery factor has been implemented in a systematic and scientific manner, in line with the global roadmap for researching and applying advanced technologies. This initiative integrates Vietnam’s oil and gas exploration and production expertise with modern simulation technologies, artificial intelligence (AI), and machine learning algorithms to develop the VPI SP chemical system—a highly intellectual and valuable product.

BSR officially launches sulfur pastilles – A new milestone in optimizing by-products

On July 8, 2025, at Dung Quat Refinery, Binh Son Refining and Petrochemical Joint Stock Company (BSR) held a launch ceremony for its new product, Sulfur Pastilles. This marks a significant milestone in BSR’s journey of research, technological innovation, and strategic development of by-products from the refining and petrochemical process.

“Effective Governance of the Management Plan”: BSR Achieves Over VND 69 Trillion in Revenue, Exceeds Profit Target by 93% in First Half of 2025

Despite continued volatility in the global oil market due to escalating geopolitical conflicts, adverse impacts of U.S. tax policies, sharp fluctuations in crude oil prices, and mounting competitive pressures, Binh Son Refining and Petrochemical Joint Stock Company (BSR) recorded a strong performance in the first half of 2025.

PV Drilling completed its plan for the first 6 months of 2025

The preliminary business performance report for the first 6 months of 2025 shows that PV Drilling’s consolidated revenue and profit both increased compared to the plan and the same period last year.

BSR successfully produces new product: Sulfur Pastilles

With the goal of diversifying product offerings, optimizing the value chain, and enhancing business efficiency, Binh Son Refining and Petrochemical Joint Stock Company (BSR) - the operator of Dung Quat Refinery - has successfully developed and launched a new product, Sulfur Pastilles, to the market in July 2025. This strategic step aims to enhance the commercial value of by-products while unlocking larger consumption potential in both domestic and international markets.