The Ministry of Industry and Trade has called for allowing all foreign investors to further participate in the petroleum retail market.
The company suffered a loss of VNĐ4.25 trillion in the first half of the year while it enjoyed a post-tax profit of VNĐ704 billion in the same period in 2019.
The bourse switch will allow UPCoM companies to raise capital to finance their investment projects
The Minister of Industry and Trade Trần Tuấn Anh has requested checks on petrol stations which reported a lack of petrol and those found to have been “hoarding goods” to wait for price increases be strictly punished.
In the first quarter of 2019, Petrolimex recorded revenue of nearly VNĐ42 trillion and post-tax profit of nearly VNĐ1.3 trillion.