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Fitch Ratings maintains Petrovietnam’s independent credit rating at BB+ 24/09/2021

Fitch Ratings maintains Petrovietnam’s independent credit rating at BB+

On 9th September 2021, Fitch Ratings - the world’s leading credit rating agency confirmed that Vietnam National Oil and Gas Group (Petrovietnam) has an independent credit rating at BB+, issuer default rating (IDR) at BB with “Positive Outlook”. At the same time, Petrovietnam's unsecured priority debt was rated at BB. This is the third year in a row that Fitch Ratings has rated Petrovietnam’s credit at BB+.

ASCOPE participated in the 39th ASEAN Ministers on Energy Meeting 16/09/2021

ASCOPE participated in the 39th ASEAN Ministers on Energy Meeting

From 13 to 16 September 2021, ASCOPE Secretary-In-Charge Dr. Tran Hong Nam has represented ASCOPE at the 39th ASEAN Ministers on Energy Meeting and its associated meetings (39th AMEM) via online platform chaired by the Ministry of Energy, Brunei Darussalam. With the theme “We Care, We Prepare, We Prosper”, it is expected that ASEAN Member States would continue to closely collaborate to foster ASEAN’s sustainable energy sector.

Petrovietnam promotes digital transformation to optimize in operating and handling work 07/09/2021

Petrovietnam promotes digital transformation to optimize in operating and handling work

Right after the National Day holiday on 2nd September, in order to review the results of production and business activities in the first 8 months of 2021, at the same time proactively plan the implementation of tasks for September and the last months of the year, on the 6th September, Petrovietnam President and CEO Le Manh Hung chaired the 9th regular production and business executive meeting in 2021 online with heads of units throughout the Group.

Petrovietnam: effective management, overcoming all difficulties, achieving high growth rate over the same period 09/08/2021

Petrovietnam: effective management, overcoming all difficulties, achieving high growth rate over the same period

In the context of complicated developments of the Covid-19 epidemic, leading to general difficulties for the economy, in addition to continuing to well implement epidemic prevention solutions, Petrovietnam has actively promoted the vaccination "campaign" to protect the health of employees in order to maintain resources; synchronously deployed production and business activities, maintained stability and development in most aspects of activities.

Petrovietnam develops technology, makes the impossible possible 02/06/2021

Petrovietnam develops technology, makes the impossible possible

Mastering technology and constant renovation is reflected in research projects of the Vietnam Oil and Gas Group, Petrovietnam. The success of these projects have benefited the nation, ensured economic efficiency of factories and oil fields, helped many localities restructure production, and improved people’s lives. But not many people know that to gain such achievements, the petroleum personnel had to work hard with limited resources.

Promoting management efficiency, Petrovietnam has strong growth 12/05/2021

Promoting management efficiency, Petrovietnam has strong growth

With drastic and persistent action to overcome bottlenecks for smooth production, promoted management efficiency, and support from positive oil prices, in the first four months of 2021, Petrovietnam has over-fulfilled most of the assigned targets at high level and had strong growth over the same period.