PetroVietnam’s revenue hits 4.8 billion USD in two months
Tuesday, March 5,2019AsemconnectVietnam - The Vietnam National Oil and Gas Group (PetroVietnam) has reported an estimated revenue of 111.8 trillion VND (over 4.8 billion USD) in the first two months of 2019, surpassing its target by 8 percent.
The group said it contributed an estimated of 14.4 trillion VND to the State budget in the reviewed period, exceeding the plan by 2 percent.
PetroVietnam said its oil and gas output reached 3.85 million tonnes of oil equivalent, 7 percent higher than its target and fulfilling 69 percent of its first-quarter plan.
In the first two months, the firm produced about 3.27 billion kWh of electricity and 280,000 tonnes of nitrogenous fertilizer, and 2.17 million tonnes of petroleum, surpassing the goals by 4.2 percent, 6.7 percent and 7.2 percent, respectively.
To complete its production and business plans in the first quarter and next ones PetroVietnam will continue to keep close watch on oil prices in the world market, thus rolling out solutions to its production and business management.
It will reasonably coordinate exploitation, export and processing activities to ensure the Government's GDP and State budget revenue expansion, as well as national energy security and its business and production efficiency.
Attention will also be paid to promoting application of science and technology measures in production and business; and synchronously implementing financial solutions from balancing capital sources and cash flows for development investment,and production and business needs, in order to promptly respond to crude oil price fluctuations in the world market this year.
Profit growth of banking industry forecast to slow in 2023
Vietnam Airlines to auction three A321 CEO aircraft
Fertiliser enterprises apply modern technology to reduce emissions
FPT Software inks partnership agreement with Nippon Seiki
In the first 6 months of 2023, export sales of Damsan (ADS) estimated at VND461 billion
Binh Dien Fertilizer (BFC) just completed 22% of the year's profit plan in 6 months
PV GAS estimates 6 months' profit after tax to reach more than VND6,000 billion
“Human resource for sustainable port development" seminar organized by the ASEAN Port Association held in Vietnam
Hoang Huy Finance (TCH) plans to increase profit after tax by 2 digits
PVOIL (OIL) earned VND470 billion profit before tax in 6 months, reaching 78.3% of the year plan
Viettel Post (VTP) spends VND130 billion in cash to pay dividends in 2022
Hoa Phat (HPG) sold 2.9 million tons of steel of all kinds in 6 months
Viglacera (VGC) reported VND913 billion profit after the first 6 months of 2023
PV Drilling (PVD) completed 100% of the annual plan in 6 months
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...