Petrovietnam’s strategy & vision
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Petrovietnam’s strategy & vision

Updates, stories and category highlights from Petrovietnam.

Petrovietnam: Energy pillar and national enterprise model 11/12/2025

Petrovietnam: Energy pillar and national enterprise model

At the seminar "Petrovietnam on the journey of development with the country" organized by New Energy Magazine/PetroTimes on the morning of December 6, experts commented that the Vietnam National Industry and Energy Group (Petrovietnam) has proven that state-owned enterprises can operate effectively, transparently and with high competitiveness.

Petrovietnam: A model national enterprise in the journey of national development 11/12/2025

Petrovietnam: A model national enterprise in the journey of national development

“The Vietnam National Industry and Energy Group (Petrovietnam) has set a model, proving that state-owned enterprises can operate effectively, transparently, and with high competitiveness.” That is the opinion of experts attending the seminar “Petrovietnam on the journey of development with the country” organized by New Energy Magazine (PetroTimes) on December 6.

Building an Affordable Pathway to Net Zero: LNG’s Role in Vietnam’s Energy Future 18/11/2025

Building an Affordable Pathway to Net Zero: LNG’s Role in Vietnam’s Energy Future

In the context of Vietnam pursuing its Net Zero ambition while maintaining one of the fastest-growing power demands in Asia, LNG is emerging as a crucial bridge fuel - supporting emissions reduction while safeguarding energy security and economic competitiveness. Dr. Linas Kilda, Chief Business Development Officer of KN Energies, Lithuania’s leading energy infrastructure group, believes that Power Development Plan VIII (PDP8) has opened a new trajectory for Vietnam’s power system - one in which LNG stabilizes the grid, complements renewables, and provides critical “breathing space” for decarbonization without sacrificing growth.

The PV DRILLING IX rig starts her journey to Vietnam 05/11/2025

The PV DRILLING IX rig starts her journey to Vietnam

On the morning of October 30th, 2025, the PV DRILLING IX Jack-up rig of PetroVietnam Drilling & Well Service Corporation (PV Drilling) has left Esbjerg port, Denmark by wet tow to Rotterdam port, Netherlands, officially started the journey back to Vietnam. This is an important milestone marking the completion of the first phase of the PV DRILLING IX rig reactivation plan managed by PV Drilling’s technical team in Denmark since September 2025.

PTSC attends Science and Technology Exhibition on the occasion of the 50th anniversary of Petrovietnam 24/09/2025

PTSC attends Science and Technology Exhibition on the occasion of the 50th anniversary of Petrovietnam

The year 2025 marks the 50th anniversary of the establishment and development of the Vietnam National Industry and Energy Group (Petrovietnam) - half a century associated with the cause of building and defending the country, contributing to ensuring energy security and socio-economic development of the country. On this important occasion, on September 21, 2025, Petrovietnam organized a Science and Technology Exhibition to introduce outstanding achievements and applications of advanced science and technology in the field of oil and gas - energy. Within the framework of the event, Vietnam Petroleum Technical Services Corporation (PTSC) participated in displaying 08 typical models/products in both indoor and outdoor areas. These are works that clearly reflect the capacity, strengths and pioneering role of PTSC in the fields of oil and gas, industry and offshore renewable energy.

#11 in Fortune 500 South East Asia: Petrovietnam affirms its position as the largest enterprise in Vietnam 17/06/2025

#11 in Fortune 500 South East Asia: Petrovietnam affirms its position as the largest enterprise in Vietnam

On June 17, 2025, the Vietnam National Industry - Energy Group (Petrovietnam) secured the 11th position among the largest enterprises in Southeast Asia, top 5 of the region within the energy sector, and named as the enterprise with the most revenue generated in Vietnam, according to the Fortune 500 Southeast Asia 2025 ranking. This recognition highlights the Group’s outstanding revenue performance and operational excellence amid a highly volatile market landscape.