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Viet Nam National Petroleum Group

Petrolimex applies solutions to cope with fluctuations in petrol prices

Petrolimex applies solutions to cope with fluctuations in petrol prices

The Viet Nam National Petroleum Group ((Petrolimex) is adopting a range of solutions in order to complete production and business targets of the third quarter and the entire year of 2022 in the context of unforeseeable fluctuations in petrol prices.
Petrolimex targets 10% revenue growth in 2022

Petrolimex targets 10% revenue growth in 2022

Petrolimex sets a target of consolidated revenue to reach VND186 trillion (US$8.1 million), a year-on-year growth of 10 per cent.
Castrol, BP extend joint venture with Petrolimex for 20 years

Castrol, BP extend joint venture with Petrolimex for 20 years

Castrol, BP and the Viet Nam National Petroleum Group (Petrolimex or PLX) have extended their joint venture for two more decades starting in 2022.
Petrolimex, JCCP further co-operation to improve efficiency of petroleum depot management

Petrolimex, JCCP further co-operation to improve efficiency of petroleum depot management

The Viet Nam National Petroleum Group (Petrolimex) and the Japan Co-operation Centre Petroleum (JCCP) have signed a co-operation agreement for Phase 3 of the co-operation project to improve the efficiency of management and operation of petroleum depots.
Petrolimex registers to sell another 8 million treasury stocks

Petrolimex registers to sell another 8 million treasury stocks

Once the deal is completed, the company’s treasury stocks will decline to 17,064,846 from 25,064,846.
Japanese giant ENEOS Corporation continues to buy stakes of PLX

Japanese giant ENEOS Corporation continues to buy stakes of PLX

ENEOS Corporation has just registered to buy 25 million shares of Viet Nam National Petroleum Group (Petrolimex, PLX). The deal is conducted through order matching on stock exchange between May 14 and June 22. 
Petrolimex expects both revenue and profit up this year

Petrolimex expects both revenue and profit up this year

The Viet Nam National Petroleum Group (Petrolimex or PLX) is aiming to earn VND135.2 trillion (US$5.86 million) and VND3.36 trillion in revenue and pre-tax profit this year, an increase of 9 per cent and 238 per cent year-on-year, respectively.
Petrolimex to offer 13 million treasury shares for sale

Petrolimex to offer 13 million treasury shares for sale

The petrol and fuel seller between June 16 and July 2 sold 15 million treasury shares for average VNĐ45,318 apiece to receive nearly VND680 billion.
Petrolimex sells 15 million treasury shares, earning 29 million

Petrolimex sells 15 million treasury shares, earning $29 million

After the sale, carried out from June 16 to July 2, Petrolimex has reduced the number of treasury shares from more than 103 million to some 88 million shares.
Petrolimex targets revenue and profit drops

Petrolimex targets revenue and profit drops

The Viet Nam National Petroleum Group (Petrolimex or PLX) forecast a in both revenue and profit this year due to the decline in demand amid the COVID-19 pandemic.
Fuel retailers target convenience sector with stores

Fuel retailers target convenience sector with stores

At the annual general meeting of the Viet Nam National Petroleum Group (Petrolimex) this year, its management said the corporation plans to enter the retail sector by opening convenience stores.
Petrolimex profit up 11 per cent

Petrolimex profit up 11 per cent

The Viet Nam National Petroleum Group (Petrolimex) reported post-tax profit of VNĐ 2.4 trillion (US$102.6 million) in the first six months of this year, up by 11 per cent year-on-year and equivalent to 60 per cent of the whole year’s...
Petrolimex plans convenience stores at gas stations

Petrolimex plans convenience stores at gas stations

The Viet Nam National Petroleum Group (Petrolimex) is planning to open convenience stores at its gas stations, most of which have favourable locations across the country.
CMSC to receive more than 109 million dividend from petroleum group

CMSC to receive more than $109 million dividend from petroleum group

The Committee for Management of State Capital at Enterprises will receive a cash dividend of VND2.55 trillion (US$109 million) from the Viet Nam National Petroleum Group for its performance in 2018.
Petrolimex focus on divestments and restructuring in 2019

Petrolimex focus on divestments and restructuring in 2019

Viet Nam National Petroleum Group (Petrolimex) will focus on divestments and restructuring in 2019, implementing unfinished tasks from last year.