Petrovietnam's new transformation milestone
On August 3, in Hanoi, the Party Committee of the Vietnam National Industry - Energy Group (Petrovietnam) held the 4th Congress of Delegates, term 2025-2030.
Speaking at the opening of the Congress, Mr. Le Manh Hung - Party Committee Secretary, Chairman of the Board of Members (BOM) of Petrovietnam - said that the 4th Congress of the Party Committee of the Vietnam National Industry - Energy Group is of special significance.
This is the time for Petrovietnam to proudly look back on the great achievements after the glorious journey of half a century under the leadership of the Party, the tireless efforts of generations of oil and gas workers.
The 4th Party Congress of the Group is also a historic milestone of the era-oriented transition, opening up a future of sustainable development, shifting operations according to the model of the National Industry - Energy Group.
The 4th Congress is tasked with comprehensively assessing the results of the implementation of the Congress Resolution for the 2020-2025 term, and at the same time determining the direction, tasks and breakthrough solutions for the 2025-2030 term.
With the new mission and vision, Petrovietnam clearly established a commitment to comprehensive innovation, determined to transform the operating model, repositioning strategies, affirming its core role, leading and creating development momentum in the fields of industry and energy, promoting the pioneering role of state-owned enterprises in implementing major national goals.

In the past time, Party organizations under the Group Party Committee have completed grassroots congresses in the spirit of innovation, democracy, seriousness and practicality, in accordance with Directive 45-CT/TW of the Politburo, the plan and instructions of the Government Party Committee and the Group Party Committee.
The congresses not only conducted an in-depth review of leadership work and comprehensive assessment of the results of implementing political tasks and Party building work in the past term, but also drew lessons of experience with high practical value.
From there, set specific action directions and goals for the new term - a term with a spirit of innovation, strong breakthroughs, and the courage to overcome challenges, continuing to conquer development heights.
Pioneering in social security programs for the community
In the 2020 - 2025 term, Petrovietnam faces many difficulties and challenges. However, the Group has focused on leadership to strengthen solidarity, restore and recreate Petrovietnam culture; overcome and promote institutional improvement; innovate corporate governance;...
As a result, the whole Group has overcome the most difficult period in history; comprehensively and excellently completed the Resolution of the 3rd General Meeting of the Group Party Committee, term 2020-2025, achieved very high growth, many spectacular achievements and impressive records.
Typically, according to Petrovietnam Chairman Le Manh Hung, the total revenue of the whole Group is currently equivalent to 9-10% of the country's GDP; the total state budget contribution accounts for 8-9% of the total national budget revenue, affirming its role as one of the financial pillars of the economy.
The revenue scale in 2025 is expected to increase by 87% compared to 2020, in 2024 alone, Petrovietnam will surpass the revenue mark of over 1 million billion VND for the first time.
Petrovietnam has always been a pioneer in community social security programs, with a very high level, reaching 3,569 billion VND during the term. At the same time, the Group also effectively exercises its role as an economic force closely linked to national defense - security...
New mission - New vision
The outstanding achievements in the past term are the result of a methodical organizational mindset, especially the perseverance in implementing the consistent viewpoint: "creating a culture of going forward, creating momentum for business regeneration" - a correct strategic choice, implemented by the entire Party Committee with high political determination and scientific organization methods.
The journey of the next 5 years is opening a wide door for development with many opportunities in parallel with significant challenges, requiring vision, high determination, great efforts and especially the ability to locate accurately both "the right" and "the left" in the context of rapid and unpredictable changes in the global environment.
Therefore, Party Secretary and Chairman of the Board of Directors Le Manh Hung affirmed that in the coming term, the Party Committee of the Group is determined to continue promoting the heroic tradition, building a comprehensively strong Party Committee, unified in ideology and action in the spirit of "One team, one goal".
Develop the Group worthy of being a "steel fist" in energy, sustainable development, high domestic and international competitiveness; maintain its pioneering role in ensuring national energy security, pioneering and leading in the energy transition.
make important contributions to green growth, marine economy, promote socio-economic development, protect the environment and contribute to maintaining national sovereignty at sea.
On the basis of 5 main areas of activity including: oil and gas exploration and exploitation as the core field; gas industry as the foundation; electricity sector as a new source of energy; processing as the field that creates added value; and technical services as the spearhead.
The Chairman of the Board of Directors of Petrovietnam stated that building a Group worthy of being the country's core economic Group is not only the aspiration of Petrovietnam workers, but also the trust and expectation of the Party, State and people.
With high political determination, the spirit of daring to think, daring to do, daring to take responsibility, Petrovietnam continues to be consolidated on the Cultural foundation, creating a solid foundation for the Group to rise to become a leading Industrial - Energy Group in the region, accompanying the country for sustainable development in the new era.