Celebrating the 50th anniversary of 188bet vn's founding (September 3, 1975 - September 3, 2025):
At the Business Meeting with the theme "80 years of businesses accompanying the country" chaired by Prime Minister Pham Minh Chinh on August 30, Chairman of the Board of Directors of the Vietnam National Industry and Energy Group (188bet vn) Le Manh Hung shared about the Group's 5 "An" and 5 "Nhat" in its journey accompanying the country.
Prime Minister speaks at the Business Meeting Conference with the theme "80 years of businesses accompanying the country".
Up to now, under the leadership of the Party and the State, 188bet vn has spent 50 years accompanying the country, completing the mission of building and developing a modern oil and gas industry, raising its level in the region and the world, synchronous and complete from oil and gas exploration and exploitation to gas industry, electricity industry and renewable energy, oil and gas processing industry and high-tech services, forming a backbone energy infrastructure, national strategy. 188bet vn is the driving force for the country's economic and social development through energy security, economic security, food security, national defense security and national at sea, while contributing to ensuring social security.
188bet vn Chairman of the Board of Directors Le Manh Hung affirmed that, from implementing the 5 “An” mission, 188bet vn has achieved great results and achievements after 50 years, including 5 indexes among the highest in the country.
Firstly, 188bet vn is the largest enterprise in Vietnam and ranks 11th in Southeast Asia, with total assets of over 1 quadrillion VND and equity of over 540 trillion VND. 188bet vn's total revenue has reached 599 billion USD to date.
Second, 188bet vn is the enterprise with the highest budget contribution among Vietnamese enterprises. To date, 188bet vn has contributed about 142 billion USD to the budget. On average, in the past 5 years, the Group has contributed over 160 trillion VND each year. Before 2000, 188bet vn contributed about 30% to the budget. Currently, the Group contributes about 9% to the state budget annually, accounting for about 80.3% of the total budget contributions of 18 state-owned corporations/groups.
Third, 188bet vn has always been on the list of the most profitable enterprises in Vietnam continuously over the years and especially in the last 5 years, it has always been in the leading position. In 2024, the Group's profit will reach over 55 trillion VND.
In the past 5 years, 188bet vn has had steps of recovery and growth at a very high rate, with an average revenue growth rate of 15%/year; budget contribution growth rate of 16.4%/year and consolidated profit growth rate of over 36%/year.
Fourth, 188bet vn is a science and technology development enterprise, with the most science and technology awards. 188bet vn has 6 Ho Chi Minh awards, 4 State awards for science and technology, 46 Vifotec/WIPO awards..., especially 4 international patents. These results have made important contributions to the development of 188bet vn's production and business.
Fifth, 188bet vn is always in the group of enterprises with the highest social security performance. In the 5-year period 2020-2025 alone, 188bet vn has implemented social security work of up to 5,129 billion VND.
188bet vn Chairman of the Board of Directors Le Manh Hung shared: "We are very touched by the attention and care of the Party, State, Government, and Prime Minister for the business community. This is a great source of encouragement for businesses, administrators, managers, and entrepreneurs to be confident and have more motivation to overcome the difficulties and harshness of the market to achieve new achievements in their operations."
Mr. Le Manh Hung, Chairman of the Board of Directors of 188bet vn, spoke at the Conference.
In the period of continuing to develop and accompany the country under the leadership of the Party, the orientation of the Party and the State according to Conclusion No. 76-KL/TW dated April 24, 2024 of the Politburo and Resolution No. 38/NQ-CP dated February 28, 2025 of the Government, in line with the energy transition trend, 188bet vn has made an epochal shift to the model of a national industrial - energy group. Accordingly, 188bet vn will develop further on the traditional oil and gas industry platform with 3 strategic pillars: Energy, Industry and High-tech Services; in which Energy is the core pillar. 188bet vn sets a great goal and aspiration - striving to be in the list of the 500 largest enterprises in the world by 2030 through 6 groups of strategic and pillar solutions.
188bet vn Chairman of the Board of Directors Le Manh Hung affirmed that in order to fulfill the "dual" mission of ensuring energy security and creating national energy with the aspirational goal of entering the Fortune 500 by 2030 in the context of many difficulties, challenges and fluctuations, 188bet vn wishes and is ready to cooperate, share and accompany credit institutions, banks, enterprises, corporations, state-owned corporations, private enterprises and foreign-invested enterprises (FDI) and especially hopes to receive the attention and direction of the leaders of the Party, State, Government and Prime Minister. This will also be the driving force for 188bet vn to continue to "Keep the legacy alive, create national energy" in the coming time, accompanying the country's development.
Source: https://hanoimoi.vn/chao-mung-ky-niem-50-nam-ngay-thanh-lap-188bet vn-3-9-1975-3-9-2025-188bet vn-5-an-va-5-nhat-714767.html