'One-trillion-đồng profit club' led by Vinhomes JSC

Twenty-five companies have entered the “one-trillion-đồng profit club” for January-June, despite the economic ravages of the COVID-19 pandemic.

PV Power approves plan to build Nhơn Trạch thermal power plants The PetroVietnam Power Corporation (PV Power) has approved an investment plan to build Nhơn Trạch 3 and 4 thermal power plants with combined capacity of between 1,300-1,760 MW.

PV Power to pay cash dividend, develop solar energy PetroVietnam Power Corporation plans to pay a 2019 cash dividend of 3 per cent instead of paying in shares at a rate of 6 per cent as planned previously.

PV Gas to overcome pandemic in 2020: CEO State capital management at PV Gas has recently been transferred from the Ministry of Industry and Trade to the Committee for Management of State Capital at Enterprises.

PV Gas set for huge profit decrease The firm predicts it will record more than VNĐ66 trillion (US$2.79 billion) in sales and VNĐ66.2 billion in profit after tax for 2020, down 13 per cent and 45 per cent respectively compared to last year.

PV Power fulfills 23 per cent of yearly revenue target in Q1 The company recorded more than 5,267 million kWh of electricity output in the quarter.

Vietsovpetro joins International Maritime Contractors Association Vietnam-Russia oil and gas joint venture (Vietsovpetro) has officially become a member of the International Maritime Contractors Association (IMCA).

Businesses seek measures to cope with COVID-19

Local enterprises have sought ways to cope during the novel coronavirus (COVID-19) pandemic instead of suspending business or scaling back.

VN-Index rebounds after Monday’s crash Investors calmed down on Tuesday after a crash in the previous sessions, led by recovery of some major large-cap stocks.

PV Gas South to buy out joint-venture PetroVietnam Gas South JSC (PGS) has decided to buy out the Vietnam LPG Co Ltd (VT-Gas) for VNĐ1,000 (US$0.043).