General Director Pham Van Phong requested all PV GAS to focus on key tasks to successfully complete the 2025 mission.
PV GAS implemented its production and business plan for the first half of 2025 in the context of many difficulties and challenges from geopolitical instability, the US's reciprocal tax policy, Brent oil price at only 86.8%, CP price at only about 98.3% compared to the first 5 months of 2024, LNG price continued to be high, reducing competitiveness compared to other fuels and the double impact from demand and input gas output decline. However, with the efforts, determination, and high concentration of the collective of employees, PV GAS continued to achieve positive results.
The results achieved are very positive, however, compared to the growth target and expectations of the Vietnam National Oil and Gas Group ( Petrovietnam ), PV GAS needs to make more efforts in the coming time to achieve the requirements for consolidated revenue growth and after-tax profit. In that effort and determination, in order to drastically and synchronously implement solutions, promote the role and responsibility of each unit and individual, the General Director of PV GAS issued a directive on "Implementing solutions to promote production and business activities to exceed the management targets for 2025".
Accordingly, PV GAS General Director Pham Van Phong requested the entire PV GAS to focus on key tasks such as: Organizing and thoroughly implementing Petrovietnam's direction in Directive 4913/CT-CNNL dated June 13, 2025 and identifying the completion of the management plan assigned by the Corporation to the unit as the key task, the top priority. Each unit must continue to be proactive, focus on implementation, propose specific solutions and clearly assign tasks to complete the assigned targets.
Along with that, the whole PV GAS will actively and proactively focus on production and business activities, develop and expand markets, promote international business for LNG and LPG products; seek customers and coordinate with units in the chain to maximize consumption of domestic gas, LNG and gas products.
Concentrating resources to implement key projects to ensure progress and quality is one of the important tasks, specifically: Project to expand and increase the capacity of Thi Vai LNG warehouse to 3 million tons/year; Project to collect and transport gas from Su Tu Trang field; Project to import LNG Son My port; Project to increase the capacity of Phu My - Ho Chi Minh gas pipeline; Project to increase the capacity of Thi Vai port; Project to increase the capacity of Cai Trap cold LPG warehouse in Hai Phong, LNG warehouses in the northern and North Central regions.
Meeting to deploy work at PV GAS Port Warehouse - Vung Tau
At the same time, PV GAS commits to safely, stably and effectively operate gas systems, ensuring continuous and maximum supply of gas and gas products to consumers.
To adapt to the new development stage, PV GAS will continue to improve its corporate governance capacity, increase efficiency, effectiveness and operational efficiency, towards a professional governance model. The Corporation will update, streamline and synchronize internal regulations and processes, promote responsibility, ethics and corporate culture to improve work efficiency and increase labor productivity. PV GAS will strengthen financial management, investment, optimize costs and seek and create new growth drivers. Finally, the Corporation will actively implement science and technology application projects and promote digital transformation, especially applying the ERP system into production and business activities to improve labor productivity.
The General Director of PV GAS requested that units seriously implement the tasks and solutions according to the directive. The results of implementing solutions to promote production and business activities will be the basis for evaluating the level of task completion of each unit and representative in 2025, thereby ensuring the seriousness and effectiveness of the directive.
Minh Thi
Source: https://baochinhphu.vn/pv-gas-day-manh-trien-khai-cac-giai-phap-nham-hoan-thanh-vuot-muc-cac-chi-tieu-quan-tri-nam-2025-102250703140015484.htm
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