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The Ministry of Industry and Trade has officially handed over the ownership rights of the State capital at 6 groups and corporations under the Ministry as the Electricity of Vietnam (EVN) Petro Vietnam (PVN), Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin), Vietnam National Chemical Group (Vinachem), Vietnam National Petroleum Group and Vietnam National Tabaco Corporation (Vinataba) to the State Capital Management Committee at the enterprises.

Mr. Nguyen Hong Dien - Minister of Industry and Trade (MOIT) and Mr. Nguyen Hoang Anh - Chairman of the Committee for the Management of State Capital at Enterprises (the Committee) had a working meeting with the state-owned groups in the energy field as the Electricity of Vietnam (EVN), Vietnam National Coal and Mineral Industries Group (TKV) and Petroleum of Vietnam (PVN).

The Committee for Management of State Capital at Enterprises (Committee) has just submitted to the Prime Minister for approval of the Project on restructuring the Electricity of Vietnam (EVN) in the period of 2021 - 2025. In this, the Committee proposed that EVN should hold 100% charter capital at the power transmission and distribution corporations, Thu Duc Thermal Power Company Limited, and proposed to terminate the operations of the National Load Dispatch Center (A0) and Thai Binh Thermal Power Company and Vinh Tan 4 Thermal Power Plant...

Vietnam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) divest the state capital at Vinacmin - Power Corporation by decreasing it from 99.68% to 65%. This is the information given by Mr. Nguyen Van Bien, Vinacomin Vice General Director at the conference “Investment opportunity to Vinacomin Power Corporation (Code: DTK - UpCOM)” on July 26, 2017.

Minister of Industry and Trade (MOIT) Tran Tuan Anh has signed the Directive No 04/CT-BCT on strengthening state management and executing the regulations of the laws on hydropower activities with the aim to achieve an active change in state management and law regulation executing of the relevant agencies, companies on planning, investing, building and operating hydropower projects with safe power generation, socio-environmental protection and general exploitation efficiency.

E5 petrol producers and distributors need more State support to sell the product on the local market due to the numerous difficulties they face, the Vietnam Petroleum Association said.

Prime Minister Pham Minh Chinh has just signed and the Decision No. 1455/QD-TTg, dated September 2, 2021 on strengthening the State Steering Committee for the key petroleum projects.

According to PVN restricting project, the Vision 2030, State of Vietnam still holds 100% charter capital of PVN Group and the Trade Name of the group remains Petrovietnam.

On September 22, 2020, in Hanoi, Mr. Tran Dinh Nhan - General Director of Electricity of Vietnam (EVN) had a working meeting with Mr. Andrew Jeffries – ADB Country Director for Vietnam. Discussing with EVN leaders, ADB representative in Vietnam valued that EVN has effectively used support funds from the global financial institutions including ADB and international partners.

In the first seven months of this year, PVN has paid to the state budget VND 61.8 trillion, exceeding 46% of its seven-month plan and equal to 83% of the year's plan.

The IХ International public forum-dialogue “Atomic Energy, Society, Safety-2014” and “Development of Design and Construction Technologies: From Idea to Reality” international conference will be held in Moscow.

Prime Minister Pham Minh Chinh has just signed Decision 1447/QD-TTg dated November 22, 2023, to establish the State Steering Committee for important national and key energy projects.

Deputy Prime Minister Le Van Thanh, Head of the State Steering Committee for the key oil and gas projects has just signed Decision No. 11/QD-BCDNNDK dated January 19, 2022 promulgating the Operational Regulations of the Steering Committee for assisting the Government and Prime Minister to direct implementing the key oil and gas projects.

The Nghi Son refinery plant in the  Nghi Son Economic Zone of the central province of Thanh Hoa, is expected to contribute about 8 trillion VND (342.6 million USD) to the State budget in 2018. 

The Prime Minister has approved to increase the regulation capital of PVN to balance investment capital for its projects in 2011 – 2015 period, according to that, the regulation capital of PVN on December, 31st 2015 expected as a VND 31,400 billion obtained from the sources: Investment and Development Fund; Financial Provision Fund; oil and gas profit of the host and the trivial things left in Corporation by the regulations; Enterprise Arrangement in Corporation; the other capitals of the owner and after-tax profit distribution source of  the Corporation, according to the regulations of the  laws.