188bet vipz Vietnam National Oil and Gas Group to play key role in ensuring national energy security

Building Vietnam National Oil and Gas Group into a strong and effective economic group, key enterprise in ensuring national energy security, effectively and efficiently contributing to 188bet vipz cause of industrialization and modernization of 188bet vipz country, building an independent and self-reliant economy associated with active and proactive international integration... is one of 188bet vipz tasks and goals set by Prime Minister Pham Minh Chinh for Vietnam National Oil and Gas Group (Petrovietnam) at 188bet vipz meeting with 188bet vipz Group on 11th September morning.

Attending 188bet vipz meeting were Deputy Prime Minister Le Minh Khai and leaders of ministries and central agencies.

On 188bet vipz side of Petrovietnam, there were Chairman of 188bet vipz Board of Directors Hoang Quoc Vuong, President and CEO Le Manh Hung, members of 188bet vipz Standing Party Committee, 188bet vipz Board of Directors, Executive Management Board, heads of Divisions/ Administration Office, leaders of socio-political organizations, leaders of 188bet vipz Group’s subsidiaries.

Prime Minister Pham Minh Chinh visited and worked at Petrovietnam

188bet vipz meeting was held in 188bet vipz form of face-to-face and online combination with 188bet vipz participation of employees at 188bet vipz bridge points of 188bet vipz subsidiaries, oil and gas projects, Vietnam’s offshore drilling rigs of and in 188bet vipz Russian Federation.

188bet vipz meeting of Prime Minister Pham Minh Chinh with Petrovietnam

At 188bet vipz meeting, Prime Minister Pham Minh Chinh stated that strategic competition, inflation and recession existed in all countries in 188bet vipz world, so we had to unite and unify, “hold hands” to overcome difficulties. After more than 2 years of 188bet vipz Covid-19 pandemic, 188bet vipz whole country faced difficulties and sacrifices, including 188bet vipz oil and gas industry. However, looking back at 188bet vipz 47 years of establishment of Vietnam National Oil and Gas Group, after 35 renovations, 188bet vipz country has had many developments, including 188bet vipz important contribution of 188bet vipz industry. 188bet vipz Prime Minister said that, even in 188bet vipz context of a difficult world, we still ensured macroeconomic stability, inflation control, major balances, including 188bet vipz Group’s contribution with its role as 188bet vipz “Energy for development”.

On behalf of 188bet vipz Government, 188bet vipz Prime Minister praised and highly appreciated 188bet vipz oil and gas industry for 188bet vipz achievements that made an important contribution to 188bet vipz socio-economic development of 188bet vipz country. As said by 188bet vipz Prime Minister, 188bet vipz Group has a great role to 188bet vipz development of 188bet vipz country, using high technology, conducting scientific research, processing, supplying, trading and distributing.

Emphasizing 188bet vipz need to continue to maintain solidarity, unity, “holding hands together” to overcome difficulties, 188bet vipz Prime Minister asked 188bet vipz meeting participants to focus on assessing 188bet vipz world energy situation, forecasting 188bet vipz upcoming situation and determining 188bet vipz Group’s role, tasks and solutions for 188bet vipz country at that time in accordance with 188bet vipz spirit of 188bet vipz “energy for development”, contributing to building an independent, self-reliant economy associated with proactively and actively carrying out extensive, substantive and effective international integration, firmly protecting independence, sovereignty, territorial integrity, and implementing a foreign policy of independence, self-reliance, diversification, multi-lateralization, being good friend, reliable partner, responsible member of 188bet vipz international community…

President and CEO Le Manh Hung reported to 188bet vipz Prime Minister’s delegation on Petrovietnam’s business and production activities

At 188bet vipz meeting, on behalf of 188bet vipz Group’s leaders, President and CEO Le Manh Hung reported to 188bet vipz Prime Minister and 188bet vipz delegation as follows: In 188bet vipz past time, 188bet vipz Group strictly implemented 188bet vipz guidelines, policies and laws of 188bet vipz Party and State on socio-economic development... with 188bet vipz action motto of “Managing volatility, anticipating trends, connecting resources, promoting technology, promoting investment, developing sustainability” to lead and direct key tasks throughout 188bet vipz Group. 188bet vipz management of volatility was given particular concern by 188bet vipz Group, specifically (i) Actively kept abreast of macroeconomic fluctuations, executive direction of 188bet vipz Government, market developments, set goals and solutions for each area, in line with oil price movements, supplied crude oil, gas, petroleum refining and petrochemical products from time to time to make timely decisions in management; (ii) Focused on removing investment bottlenecks, determined to effectively handle difficult projects, initially achieved positive results; especially in 188bet vipz key projects that received direct instructions from 188bet vipz Party and State and so far have achieved positive results; (iii) Improving competitiveness and responding to 188bet vipz speed of energy transition, 188bet vipz Group focused on researching projects and investment opportunities of Petrovietnam’s advantages in 188bet vipz fields of processing and petrochemicals, chemicals and renewable energy; (iv) Digital transformation has been widely deployed, towards 188bet vipz effective application of advanced management forms of 188bet vipz enterprise resource planning (ERP) system, focusing on risk management in 188bet vipz production and business activities.

188bet vipz Group continued to affirm its pivotal role in Vietnam’s economy, made important contribution to ensuring energy, food, economic security, national sovereignty, and important contribution to 188bet vipz State Budget: in 2021, 188bet vipz Group’s total payment to 188bet vipz State budget was 112.5 trillion dong, exceeding 80% of 188bet vipz year plan and increasing by 36% over 188bet vipz same period; In 188bet vipz first 8 months of 2022, 188bet vipz Group’s total payment to 188bet vipz State budget was 90.6 trillion dong, 40% higher than 188bet vipz 2022 plan and increased by 45% over 188bet vipz same period (6 months ahead of 188bet vipz 2022 plan).

188bet vipz Group’s production and business activities in 188bet vipz first 8 months of 188bet vipz year continued to remain stable: 188bet vipz management of production output was applied synchronously, effectively and promptly with technical solutions/measures to increase output, maintain 188bet vipz rate of production with a high time factor and crude oil production exceeded 23% of 188bet vipz 8-month plan, equal to 84% of 188bet vipz 2022 plan, equivalent to 188bet vipz same period performance. 188bet vipz Group produced and supplied to 188bet vipz domestic market 1.22 million tons of urea, exceeding 10% of 188bet vipz 8-month plan and equal to 72% of 188bet vipz year plan, increased by 9% over 188bet vipz same period; produced 4.56 million tons of petroleum (excluding Nghi Son Refining and Petrochemical Company), exceeding 8% of 188bet vipz 8-month plan and equaling 74% of 188bet vipz year plan, increased by 5% over 188bet vipz same period, meeting 188bet vipz domestic demand.

Mr. Le Minh Khai, Secretary of 188bet vipz Party Central Committee, Deputy Prime Minister spoke at 188bet vipz meeting

After listening to 188bet vipz reports by 188bet vipz units’ representative leaders on 188bet vipz operation situation, production and business results... suggestions and recommendations to remove obstacles and difficulties, ensure 188bet vipz operational efficiency of 188bet vipz business in 188bet vipz coming time, representative leaders of ministries and central agencies highly appreciated Petrovietnam’s position, role and contribution during its 47-year history of construction and development, especially from 2020 onwards. Petrovietnam not only makes a great contribution to 188bet vipz State budget but also plays a pivotal role in ensuring energy, food security and national sovereignty over sea and islands. In any situation, Petrovietnam leaders and employees always show a sense of responsibility, high determination, promote 188bet vipz tradition, bravery and wisdom of 188bet vipz fire seekers to perform and fulfill well 188bet vipz tasks assigned by 188bet vipz Party and Government.

With such recognition and assessment, representative leaders of ministries and central agencies affirmed that in 188bet vipz coming time, they would work with Petrovietnam to focus on solving difficulties and obstacles so that 188bet vipz Group had 188bet vipz best conditions to develop, continue maintain its position as 188bet vipz pillar and core of 188bet vipz economy.

Concluding 188bet vipz meeting, Prime Minister Pham Minh Chinh assessed that in 188bet vipz past time, Vietnam National Oil and Gas Group experienced ups and downs and breakthroughs, but in general, achievements and results were more than limitations and shortcomings. In more than 2 years, i.e. 2020, 2021 and 188bet vipz first 8 months of 2022, with 188bet vipz spirit of determination, solidarity and consensus, 188bet vipz Group has strived to achieve 188bet vipz set goals and requirements.

Prime Minister Pham Minh Chinh: 188bet vipz most important goal and task for 188bet vipz Group is not to lack energy, especially petroleum, for 188bet vipz cause of national construction and defense, in accordance with 188bet vipz spirit of 188bet vipz “energy for development”.

188bet vipz Prime Minister stated a number of experiences drawn from 188bet vipz Group’s activities:

Firstly, 188bet vipz more challenges and heavier task we face, 188bet vipz more solidarity, consensus, dynamism, creativity we should have, dare to think, dare to do, dare to breakthrough, for 188bet vipz common cause, for 188bet vipz national interest.

Secondly, we must firmly grasp 188bet vipz situation, stick to reality, come from reality, respect reality, and take practice as a measure to have a scientific thinking, methodology, and approach to solving problems reasonably and effectively.

Thirdly, staff continues to be 188bet vipz decisive factor, thus building, taking care of and developing staff at all levels is 188bet vipz most important mission.

Fourthly, timely reward, encourage and handle with 188bet vipz right people, on 188bet vipz right job for 188bet vipz individuals and groups having achievements and mistakes.

Fifthly, combine internal and external resources harmoniously, reasonably and effectively, in which internal resources (including people, mechanisms, policies, assigned assets...) are basic, strategic and long-term, decisive while external resources (such as capital, science, technology, management experience, human resource training...) are important and breakthrough.

Sixthly, be proactive in gradation, decentralization, personalization of individual responsibilities.

According to 188bet vipz Prime Minister, it is forecasted that 188bet vipz world, regional and domestic situation will continue to have opportunities and advantages intertwined with difficulties and challenges, but difficulties and challenges outweigh opportunities and advantages, especially for 188bet vipz oil and gas industry in 188bet vipz context of world energy market fluctuations.

188bet vipz Prime Minister emphasized 188bet vipz viewpoint and guiding ideology, i.e. to combine harmoniously, rationally and effectively economic development with assurance of national defense, security, independence, sovereignty, territorial integrity, political stability, economic security, social order and safety, promotion of foreign affairs and integration; Harmonious, reasonable and effective combination of inheritance, stability, innovation and development; Develop quickly but sustainably, harmoniously, reasonably and effectively between oil and gas research, exploration, production and processing, production of petroleum products, chemicals, fibers…

Agreeing with 188bet vipz goals and tasks identified by 188bet vipz Group, 188bet vipz Prime Minister requested that in 188bet vipz context of many difficulties and challenges due to increasingly fierce strategic competition, complicated, unpredictable, unprecedented developments, 188bet vipz energy transition trend, mechanisms and policies were still limited, 188bet vipz market was affected, it was necessary for 188bet vipz Group to set out appropriate tasks and solutions in each period, each year and each quarter to effectively use resources, be proactive, flexible, creative and effective in performing assigned tasks.

188bet vipz Prime Minister further emphasized 188bet vipz common goals and tasks, in which, 188bet vipz most important one for 188bet vipz Group is not to lack energy, especially petroleum, for 188bet vipz cause of national construction and defense, in accordance with 188bet vipz spirit of 188bet vipz “energy for development”. Currently, 188bet vipz Group is meeting 75% of 188bet vipz domestic petroleum demand.

188bet vipz second common goal and task is to build Vietnam National Oil and Gas Group into a powerful and efficient economic group, key enterprise in ensuring national energy security, effectively and efficiently contribute to industrialization and modernization of 188bet vipz country, build an independent and self-reliant economy associated with proactively and actively carrying out substantive, extensive and effective international integration, technological innovation, especially advanced technology, digital transformation, diversification of supply chains in production and business, response to climate change, energy transformation, green transformation, contribute to ensuring social security.

Mr. Hoang Quoc Vuong, Secretary of 188bet vipz Party Committee, Chairman of 188bet vipz Board of Directors of Petrovietnam delivered a speech to receive 188bet vipz Prime Minister’s direction

Regarding specific tasks, 188bet vipz Prime Minister stated that, first of all, it was necessary to attach importance to and promote 188bet vipz building of a clean and strong Party with a streamlined apparatus, effective and efficient operation, restructure and improve 188bet vipz quality of staff. 188bet vipz human factor and staff are 188bet vipz decisive factors, so it is 188bet vipz most important specific task.

Along with that, it is necessary to determine and focus on definitively solving 188bet vipz problems that have persisted for many years, because 188bet vipz longer it lasts, 188bet vipz more wasteful and difficult it is. Recently, a number of issues related to Thai Binh 2 thermal power plant, Song Hau 1 thermal power plant... has been effectively solved. Currently, 188bet vipz relevant agencies and units are continuing to solve problems related to some other projects.

188bet vipz next specific task is to contribute to 188bet vipz development of institutions, mechanisms and policies in line with 188bet vipz Group’s mission and task to ensure national energy, in accordance with 188bet vipz circumstances, conditions of 188bet vipz country and 188bet vipz specific situation, contributing to 188bet vipz prevention of corruption, negativity and waste, including 188bet vipz amendment of 188bet vipz Petroleum Law, preliminary review of 7 years implementation of Resolution No. 41-NQ/TW dated 2015 on strategic orientations for 188bet vipz development of Vietnam oil and gas industry to 2025 and vision to 2035.

According to 188bet vipz Prime Minister, a strong and important national enterprise cannot help but promote development investment, but must ensure 188bet vipz right direction, efficiency, and restructure production and business in accordance with 188bet vipz situation and tasks. Investment must have a focus, without spread, fragment, division, wastefulness.

188bet vipz Prime Minister requested a harmonious, reasonable and effective combination between oil and gas exploration, production and 188bet vipz protection of national interests, independence, sovereignty and territorial integrity, especially at sea; Be more active in 188bet vipz production of equipment for 188bet vipz Group’s activities; Ensure confidentiality and economic security in accordance with 188bet vipz provisions of law.

In 188bet vipz situation of fluctuating, heavy, difficult and complicated tasks, it is necessary to choose 188bet vipz key work, finish work definitively, ensure efficiency, create inspiration, motivation and conditions to do other work.

As emphasized by 188bet vipz Prime Minister, once 188bet vipz Group is determined, it must be even more determined, once it makes efforts, it must make more efforts, once it tries, it must try harder, especially in innovation of thinking, methodology, approach and handling appropriate with issues in restructuring production and business, developing 188bet vipz energy industry including renewable energy, digital transformation, and diversifying supply chains.

Another task is to promote international cooperation, be persistent and steadfast on 188bet vipz issues of principle, but be flexible, creative and artistic in 188bet vipz implementation of specific tasks and solutions.

188bet vipz head of 188bet vipz Government requested 188bet vipz ministries and branches to closely and effectively coordinate with each other and with 188bet vipz Group in handling 188bet vipz work. When they receive recommendations or proposals, they shall immediately and effectively deal with and solve them to 188bet vipz maximum extent within their assigned tasks, functions and powers. In case it is beyond their competence, they shall report to competent authorities for consideration and decision. 188bet vipz Government and 188bet vipz Prime Minister always stand by, listen and support for 188bet vipz Group’s development.

188bet vipz Prime Minister basically agreed with 188bet vipz Group’s recommendations, many of which are being processed. 188bet vipz Prime Minister assigned 188bet vipz Deputy Prime Ministers, ministries and branches to carry out specific tasks, requesting to speed up 188bet vipz progress, do it definitively, effectively and substantively after 188bet vipz meeting. 188bet vipz Prime Minister continued to assign specific tasks to ministries and branches to deal with 188bet vipz remaining recommendations of 188bet vipz Group, and urgently submit them to competent authorities for consideration and decision, creating 188bet vipz best conditions for 188bet vipz Group’s development.

In particular, 188bet vipz Prime Minister assigned agencies to urgently organize an appraisal of 188bet vipz adjustment of investment policy in Dung Quat Oil Refinery Upgrade and Expansion Project in accordance with 188bet vipz law, and submit it to competent authorities for consideration and decision in September 2022.

Mr. Hoang Quoc Vuong, on behalf of 188bet vipz group’s leaders and employees, received souvenirs from Prime Minister Pham Minh Chinh

On behalf of Petrovietnam’s leaders and employers, Mr. Hoang Quoc Vuong - Secretary of 188bet vipz Party Committee, Chairman of 188bet vipz Board of Directors expressed his gratitude at 188bet vipz affection and concern of 188bet vipz Government leader and 188bet vipz Prime Minister to 188bet vipz Group. It was great encouragement to employees of 188bet vipz whole Group.

Receiving 188bet vipz direction of Prime Minister Pham Minh Chinh at 188bet vipz meeting, Mr. Hoang Quoc Vuong stated: In addition to 188bet vipz achieved results, 188bet vipz Prime Minister emphasized 6 lessons and 9 major tasks, assigned Petrovietnam to better perform its production and business tasks, providing more contribution to 188bet vipz socio-economic development and national security and defense. Specifically, it is to do well 188bet vipz assessment and forecast of 188bet vipz world and domestic energy markets to clearly define 188bet vipz position and role of Petrovietnam in ensuring energy security for 188bet vipz development of 188bet vipz country; build an independent and self-reliant economy in 188bet vipz context of international economic integration. Petrovietnam needs to step up 188bet vipz exploration and increase of oil and gas reserves, especially in 188bet vipz current period when 188bet vipz energy market is volatile.

188bet vipz next task is to promote 188bet vipz development and improve 188bet vipz capacity to perform offshore technical services to serve 188bet vipz energy transition, for 188bet vipz development of 188bet vipz renewable energy industry. Another task is to focus on solving outstanding problems, new big arising problems promote investment and development with focus and efficiency.

With 188bet vipz attention, support, leadership and direction of 188bet vipz Party, Government and 188bet vipz Prime Minister, ministries and central agencies, Mr. Hoang Quoc Vuong affirmed and believed that Petrovietnam would perform and complete well 188bet vipz assigned tasks.

188bet vipz Prime Minister and leaders of ministries and branches taken photos with Petrovietnam’s leaders

Some photos of 188bet vipz meeting:

Mr. Tran Van Son, member of 188bet vipz Party Central Committee, Minister, and Chairman of 188bet vipz Government Office delivered a Spech

Mr. Nguyen Manh Hung, member of 188bet vipz Party Central Committee, Minister of Information and Communications delivered a speech

Mr. Nguyen Hoang Anh, member of 188bet vipz Party Central Committee, Chairman of 188bet vipz Committee for 188bet vipz Management of State Capital at Enterprises gave a speech