7:45 AM, 13/09/2012

PVN centers on five business fields

 VGP – The PM has requested the Viet Nam Oil and Gas Group (PVN) to reshuffle its II, III and IV-grade enterprises and focus on its five key business fields. 

The key areas include the search, exploration and exploitation of oil and gas; oil refinery and petro-chemistry; gas industry; electricity industry and high-quality petroleum services.

The Government chief also asked PVN to perfect the restructuring project and compose a roadmap to withdraw capital from non-core businesses especially securities, real estate and hotels.

The restructuring project will be presented to the Ministry of Industry and Trade before submitting to the PM for approval in September, 2012./.

By Khanh Phuong

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