Hanoi, April 10 -- The Vietnam Oil and Gas Group (Petrovietnam) on April 9 officially announced its transformation into the Vietnam National Industry - Energy Group with the same abbreviated English name of Petrovietnam, marking a pivotal step in its strategic evolution.

At a ceremony held the same day, Deputy Prime Minister Bui Thanh Son presented the Prime Minister's decision on the change of the group's name to Le Manh Hung, Chairman of the Petrovietnam Members' Council, and General Director Le Ngoc Son.

The transition followed the Politburo's Conclusion No. 76-KL/TW dated April 24, 2024, which emphasised the importance of leveraging Vietnam's oil and gas sector in developing new and renewable energy industries such as offshore wind ...