State-owned blue chips not suitable for covered warrant trading Securities companies participating in the new covered warrant market may find it less attractive to trade covered warrants of large-cap State-owned companies due to their low free-floating ratios.

PVN facing difficulties in ensuring national energy reserves The Vietnam Oil and Gas Group (PVN) needs to set up a national energy reserve centre to deal with emergencies when there are interruptions in the supply source, said Deputy General Director of Vietnam Petroleum Institute Nguyễn Hồng Minh.

PVN has solid first half of year The corporation’s equity reached VNĐ470.3 trillion ($20.34 billion) on June 30, up 1 per cent from January 1.

Korea Exim Bank opens $2 billion credit line to PetroVietnam

The Export-Import Bank of Korea said on Sunday that it has agreed to open a US$2 billion credit line to Việt Nam’s State-owned Vietnam Oil and Gas Group (PetroVietnam) in a bid to help more South Korean companies venture into the fast-growing economy.

19 State-owned groups to undergo financial supervision The Management of State Capital at Enterprises (CMSC) plans to strengthen the supersivion and management of state capital and assets at 19 State-owned groups and corporations.

Trade war fears darken VN stocks Growing tension between the US and China continued to cast a shadow over Vietnamese shares on Monday, sending the benchmark VN-Index below the 950-point mark.

VN stocks largely spared from trade war worries

Vietnamese shares limited losses as investors tried to buy up local assets as uncertainty caused by the US-China trade tensions overshadowed global markets.

Bình Sơn Refining becomes PVN’s largest State budget contributor

Bình Sơn Refining and Petrochemical Co Ltd (BSR) contributed more than VNĐ11 trillion to the State budget in 2018, becoming one of the units under PetroVietnam with the largest contribution to the State budget.

MoF urges PVN to accelerate divestment in sensitive sectors

The Ministry of Finance (MoF) has asked the Vietnam Oil and Gas Group (PVN) to focus on accelerating its divestment in enterprises operating in sensitive sectors.

PVN sets target of adding up to 30m tonnes to oil reserves

Việt Nam Oil and Gas Group (PVN) hopes to add 15 million tonnes oil to reserves in both 2019 and 2020, heard the company’s conference to implement exploitation plan held in Vũng Tàu City on Thursday.