PM wants Petrovietnam to develop into leading energy group

(VOVWORLD) -Prime Minister Pham Minh Chinh on Monday urged focusing on innovation, applying modern management methods, and capitalizing on achievements to develop Vietnam Oil and Gas Group (Petrovietnam) into the leading energy industry group in the country and region.

PM wants Petrovietnam to develop into leading energy group  - ảnh 1Prime Minister Pham Minh Chinh appoints Mr. Le Manh Hung as Secretary of the Party Committee and Chairman of the Board of Members of Vietnam Oil and Gas Group. Photo: VOV

Addressing a hybrid conference in Hanoi on Monday to evaluate Petrovietnam's performance in 2023 and outline tasks for this year, PM Chinh requested the Group to closely follow the geopolitical situation as well as developments of the domestic and international energy markets to manage fluctuations.

He also called for a focus on forecasting and assessing the growth drivers in Petrovietnam’s business fields.

The Group should make greater efforts to achieve an average revenue growth of 3-6.5% per year and an annual budget revenue increase of 10%, PM Chinh said.

The Prime Minister handed over a  decision to appoint Le Manh Hung as Secretary of the Party Committee and Chairman of the Board of Members of Vietnam Oil and Gas Group.

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