The Viet Nam Oil and Gas Group (PetroVietnam) achieved its production target but suffered reduction in revenue due to lower crude oil prices in the first quarter of this year.
Deputy Prime Minister Trinh Dinh Dung urged the Viet Nam Oil and Gas Group (PetroVietnam) to focus on restructuring and improving business efficiency in 2018.
Deputy Prime Minister Trinh Dinh Dung has asked the Viet Nam Oil and Gas Group (PetroVietnam) to tackle loss-making projects to improve operation efficiency, while keeping a close watch on global oil prices.
State-run Viet Nam Oil and Gas Group (PetroVietnam) remains on top of the 500 largest Vietnamese enterprises list (VNR500) in 2016 in terms of revenue.
State-run Viet Nam Oil and Gas Group (PetroVietnam) remains at the top
of the 500 Vietnamese biggest enterprises list in terms of revenue
(VNR500) this year.
The Viet Nam Oil and Gas Group (PetroVietnam) has received approval from
Kien Giang authorities to conduct a survey for the construction of a
bonded warehouse for a fuel and logistics port system.
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.
Viet Nam Oil and Gas Group (PetroVietnam) remains at the top of the 500
Vietnamese biggest enterprises list (VNR500), a position it has held
many years since the list was first drawn up seven years ago.