On the morning of March 27, the Conference "Businesses contributing to double-digit growth and Prime Minister's gratitude to businesses" was held at the Government Headquarters.
Speaking at the conference, Mr. Le Ngoc Son - Chairman of Vietnam National Industry - Energy Group (Petrovietnam) said that in terms of total assets, Petrovietnam by the end of 2025 reached 1.18 million billion VND, an increase of 9.28% compared to the beginning of the year and 38.4% compared to the beginning of 2021.
Total revenue of Petrovietnam in 2025 reached 1.1 million billion VND, an increase of 76% compared to 2021. Pre-tax profit in 2025 reached 66,000 billion VND and an increase of 27% compared to 2021.
And especially, compared to energy corporations in Southeast Asia in 2025, Petrovietnam is the only unit to grow simultaneously in all 3 core indicators of revenue, profit and total assets. For 2025 compared to 2024, consolidated revenue increased by 14%.
And especially, the indicators of total assets, profit and return on total assets and return on equity have all been improved. ROA increased from position 3 to position 2 and ROE from position 3 to position 1 of the 4 largest energy corporations in the region.
Stepping into 2026, crude oil exploitation has grown by 10.4% compared to the same period. This is also the first year to achieve growth after 11 years.
Regarding electricity production, it increased by 17.5% compared to the same period and gasoline and oil production reached more than 14 million tons, making an important contribution to ensuring national energy security.
To achieve the double-digit growth target for the whole year and for the 5-year period (2026-2030), Petrovietnam focuses on three key strategic orientations.
The first is a breakthrough in management capacity.
The second is to promote key investment, creating new growth momentum. The Group continues to promote investment in oil and gas exploration and exploitation activities. This is the core activity of the group.
Focus on key investment projects of the industry, for example, Block B - O Mon project, upgrading and expanding Dung Quat oil refinery. At the same time, increase investment to form ecological energy industrial centers and LNG gas power complexes. Along with that is the active preparation for the Ninh Thuan 2 Nuclear Power Project.
Mr. Dang Hoang An - Chairman of the Member Council of Vietnam Electricity Group (EVN) said that currently, Vietnam has an electricity system that ranks 2nd in Southeast Asia and 22nd in the world with a total installed capacity of 87,600 MW.
EVN's total investment in 5 years is nearly 500,000 billion VND, including both power sources and grids, large projects
In the coming time, EVN determines to continue investing in power sources and grids according to the adjusted Power Plan VIII and the projects that EVN is assigned.
The Resolution of the Party Congress of EVN has determined that 1 year of investment is approximately 5 billion USD. Thus, the total investment in the next 5 years of EVN for power sources and grids will also maintain 25 billion USD, including very large projects, for example Ninh Thuan 1 Nuclear Power Project, offshore wind power projects.
EVN leaders said that with 13,000MW plus the power grid system, investing 5 billion USD a year for a business like EVN is very heavy.
According to the adjusted Power Plan VIII, by 2030 it is necessary to have 183,000MW of electricity. Currently, we have 87,600,000MW, EVN will invest 13,000MW, and another 85,000MW will be invested by other investors.
The Prime Minister has directed to remove many mechanisms on investment and licensing, but more mechanisms and policies are still needed.
