The Vietnam National Oil and Gas Group (Petrovietnam) was the first to organize fundraising, visits, encouragement, and support for people in Central Vietnam to overcome the natural disaster.
The Vietnam National Oil and Gas Group (Petrovietnam) and its member units have launched a fundraising campaign and are providing support to people in Central Vietnam to help them overcome the storms and floods.
In the first eight months of 2020, the Vietnam Oil and Gas Group maintained its production and business pace despite the "double crisis" caused by the COVID-19 pandemic and the prolonged low oil prices.
With its contributions throughout its 45-year history of construction and development, PVN remains confident in its position as one of the main pillars of the country's economy.
Throughout its 45-year journey of growth, the Vietnam National Oil and Gas Group (Petrovietnam) has always faced countless difficulties and challenges.
Let's look back at the important milestones in Petrovietnam's development into a leading economic group in the country.
From being an apprentice and employee, PVN has now basically mastered all the most advanced technologies in exploration, production, and processing.
The fiber products of Vietnam Petrochemical and Fiber Corporation (VNPOLY) have conquered high-end segments domestically and internationally, including ADIDAS and TARGET.
With the second wave of COVID-19, businesses in the oil and gas industry are proactively tightening and strengthening their disease response measures in the new situation.
On August 3rd and 4th, the 8rd Congress of the Party Committee of the Vietnam Oil and Gas Group (PVN), for the term 2025, took place with the participation of 297 official delegates.
Through emulation movements, young people in the corporation have a working, learning, and training environment to develop their creativity and affirm themselves.
The 3rd Congress of the Party Committee of the Vietnam National Petroleum Group (PVN) for the 2020-2025 term looks back on the turbulent yet resilient development journey of PVN.
PVN Corporation conducted exploratory drilling at Block 114, 65 km east of the Quang Tri coast, and discovered oil and gas.
To achieve these significant milestones, it required not only the efforts of each unit and contractor but also the entire political system of the Group, determined to overcome the "double" crisis.
With the COVID-19 pandemic, global supply chains have declined, and the demand for goods transportation worldwide has plummeted.
After tireless efforts, PV Drilling has weathered the storm and gradually emerged from the "eye of the storm" of the crisis.
Accordingly, in the first five months of the year, PVN still contributed 28,9 trillion VND to the State budget.
In the latter half of 2008, PVTrans was mired in the global financial crisis and economic recession that had lasted for many years, but ultimately it managed to weather the storm spectacularly.
Amidst the global crisis caused by COVID-19, the positive signals from new projects received in 2020 by Dung Quat Shipbuilding Industry Company (DQS) are a bright spot.
To cope with the negative developments in oil prices, many large international companies are having to consider options such as temporarily suspending production, cutting investments, or even declaring bankruptcy.
Even as the oil and gas industry faces its most challenging period in history, oil and gas workers continue to uphold their spirit and sense of responsibility towards the community and society.
"Managing volatility, optimizing value, boosting consumption, striving to overcome difficulties, seizing opportunities, and safely reaching the finish line" is the motto for PVN's operations in April and the second quarter of 2020.
The Covid-19 pandemic is unfolding in an extremely dangerous manner, causing a severe drop in crude oil prices on the world market, creating a double crisis for the oil and gas industry.
On the morning of March 20th, Mr. Nguyen Duc Kien, Head of the Prime Minister's Economic Advisory Group, held a working session on the impact of the Covid-19 pandemic on the operations of the Vietnam Oil and Gas Group.
The spread of the Covid-19 pandemic and the drop in oil prices necessitate strategic adjustments to support Vietnam's oil and gas industry in overcoming this challenging period.
On March 18th, PVN organized a ceremony to donate medical equipment worth 5 billion VND to support the fight against the Covid-19 pandemic for units designated by the Ministry of Health.
On March 11, 2020, the Vietnam Oil and Gas Group (PetroVietnam) issued a new directive on implementing urgent tasks and solutions to respond to the Covid-19 pandemic and falling oil prices.
Over the years, PVTrans Petroleum Transport Corporation has undergone many changes to enhance its competitiveness and production efficiency, contributing to sustainable development.
On March 6th, PVN General Director Le Manh Hung chaired a meeting with the General Directors of member units to discuss the business results for February and the plan for March 2020.
On January 6th, in Hanoi, the Vietnam Oil and Gas Group (PVN) held a conference to summarize its work in 2019 and plan for 2020.
Hotline: 0855.911.911 
RSS 
