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PVN

IFC buys into PVI Holdings

After the deal, IFC and major strategic shareholder HDI Global SE will hold more than 54 per cent of the voting rights in PVI Holdings.

Petro Vietnam (PVN) confirmed that oil prices to China higher than average ones.

Petro Vietnam (PVN) confirmed that prices for Chinese exports (both direct and via resale) were higher than average prices.

PVN's senior staffs are prosecuted and arrested

The Investigation Police Agency (IPA) under the Ministry of Public Security is conducting the further investigation (phase II) of the case of Ha Van Tham, former Chairman of OceanBank and accessory and a number of high-profile staff of the Vietnam Oil and Gas Group (PVN) have been prosecuted.

Oceanbank executives prosecuted for US$66m loss

Nearly 750 people and legal entities involved in the wrongdoings of former Oceanbank Chairman Ha Van Tham were called to court. The session of hearing the cases in the lower court is expected to last 20 days.

Vinatex proposes for State capital divestment of US$220 million

The Vietnam National Textile and Garment Group (Vinatex) has proposed the Prime Minister for series of incentives, separate mechanisms and divestment of the State capital at Vinatex in order to strengthen the Group’s capacity and expand the business in the future.

PetroVietnam (PVN) demanded to seriously tackle five loss-making projects

Prime Minister (PM) Nguyen Xuan Phuc demanded PVN leadership to justify and come up with solutions for five loss-making projects.

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