Updates, stories and category highlights from Petrovietnam.
14/08/2025
PetroVietnam Technical Services Corporation (PTSC) and South Korea's LS Cable & System Ltd. plan to jointly manufacture high-voltage underground cable for renewable energy projects in Vietnam.
13/08/2025
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.
12/08/2025
The event took place within the Vietnam–RoK Economic Forum which is part of the Vietnamese leader’s state visit to the RoK. The documents span areas including energy, digital infrastructure, manufacturing, logistics, tourism, finance, and high-quality personnel training.
11/08/2025
On the afternoon of February 24, 2025, within the framework of a working trip to Korea, Minister of Industry and Trade Nguyen Hong Dien had a working session with leaders of several Korean enterprises including Korea Electric Power Corporation (KEPCO) and KEPCO E&C, KEPCO Nuclear Fuel, Doosan Enerbility to promote nuclear power cooperation between Vietnam and Korea.
11/08/2025
S. Korea, Vietnam seek to achieve $150 billion milestone for bilateral trade volume by 2030
10/08/2025
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market.
04/08/2025
The government leader pointed out an ambition for Petrovietnam to climb into the top seven, and ideally the top five leading enterprises of the region.
04/08/2025
The government leader pointed out an ambition for Petrovietnam to climb into the top seven, and ideally the top five leading enterprises of the region.
31/07/2025
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.
23/07/2025
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.
23/07/2025
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.
23/07/2025
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.
23/07/2025
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.
23/07/2025
At the Forum "Promoting businesses to participate in the joint credit mechanism (JCM) towards carbon market readiness in Vietnam" organized by the Ministry of Agriculture and Environment in coordination with the Ministry of Environment of Japan on July 22, Petrovietnam shared its initiatives on emission reduction and carbon credit creation.
14/07/2025
At 7:09 a.m. on July 14, 2025, the Kinh Ngu Trang – Kinh Ngu Trang Nam (KNT-KTN) field development project successfully opened four wells on the WHP-KTN platform to receive the first oil flow (First Oil). Later, at 10:34 a.m. the same day, the CPP-KNT platform received the incoming crude, which is subsequently transported to the MSP-10 platform for processing via a 38-kilometer subsea pipeline.
14/07/2025
For the full year, output is forecast to reach 6.15 billion kWh, meeting the assigned target, with revenue estimated at VNĐ12.3 trillion, or 98 per cent of the plan.
01/07/2025
On June 23, 2025, the Board of Directors of Binh Son Refining and Petrochemical Joint Stock Company (BSR) issued a decision to establish the BSR Innovation Center - a new branch of BSR. This marks a strategic step forward in science and technology, innovation, and national digital transformation.
01/07/2025
On June 27, 2025, in Hanoi, the Announcement and Honoring Ceremony of “Top 100 Green ESG Enterprises of Vietnam 2025”, “Top 50 Innovative and Effective Enterprises 2025” and many other categories took place in a solemn atmosphere, gathering representatives of excellent enterprises and economic experts. In particular, the Vietnam National Energy - Industry Group (Petrovietnam) and its member units: BSR, PV Drilling, PTSC, were honored in many important categories, making a strong mark for their efforts in green transformation and innovation.
30/06/2025
The event took place at 13:55 on June 27, 2025.
23/06/2025
On the afternoon of June 20, Petrovietnam and its joint venture partners officially signed the Product Sharing Contract (PSC) for Block 15-1 in the southern continental shelf of Vietnam.
