Power consumption rises as economy recovers from pandemic

Power consumption increased significantly in September as the economy started to find its feet after COVID-19 was successfully contained in Việt Nam, according to a recent report by Electricity of Viet Nam (EVN).

Bình Sơn Refining and Petrochemical JSC reports $7.4 million Q3 profits

Việt Nam’s largest refining and petrochemical firm, Bình Sơn Refining and Petrochemical JSC (BSR), reported that third-quarter profits reached more than VNĐ171 billion (US$7.37 million).

Hoà Phát reports highest-ever revenue, after-tax profit Multi-sectoral conglomerate Hoà Phát Group posted highest ever quarterly revenue of VNĐ24.9 trillion in the third quarter of this year, up 62.7 percent year on year.

Projects post $1.13 billion in losses The Government’s report to National Assembly’s deputies has released updates about the 12 loss-making projects.

PetroVietnam’s nine-month oil output surpasses target at 8.64 million tonnes

The Việt Nam Oil and Gas Group (PetroVietnam) has reported that nine-month oil output surpassed its target by 9.4 per cent, reaching 8.64 million tonnes ending September.

Key traffic route links coastal economic zone

The central province has completed construction works on the second phase of the key coastal road connecting Tam Kỳ city with Chu Lai Airport and Chu Lai Open Economic Zone on 26.5km with an investment of VNĐ1.48 trillion (US$64.35 million).

Steel industry expects consumption recovery by year-end The implementation of many large projects after the social distancing period and disbursement of public investment for infrastructure until the end of this year are expected to support growth in construction steel consumption, according to Rồng Việt Securities (VDSC).

Việt Nam exports S95 construction material for first time

The Hòa Phát Dung Quất Steel Joint Stock Company shipped the first batch of S95 ground granulated blast furnace slag to Australia on Thursday, where stern standards and stringent requirements are applied.

Milestones in PetroVietnam's 45 years of development Since its establishment in 1975, the group has developed a complete and synchronous oil and gas industry, playing an important role in the country’s economic development and taking part in the protection of national sovereignty.

PetroVietnam exploits 7.76 million tonnes of oil equivalent in eight months PetroVietnam reported that total revenue in the eight-month period was over VNĐ372 trillion (US$16 billion). The group contributed nearly VNĐ45 trillion to the State budget, while its after-tax profit stood at over VNĐ11 trillion.