PVS — Vietnamese Stock News

Singapore's EMA grants conditional approval for Sembcorp's 1,300 MW VMS clean electricity import project, with PVS's PTSC among partners; target operation 2035.

Petrovietnam and Denmark's CIP sign offshore wind cooperation deal for Nam Trung Bo 1, with PVS subsidiary PTSC positioned as marine engineering supplier.

Petrovietnam and Denmark's CIP sign cooperation agreement on the 1,000 MW Nam Trung Bo 1 offshore wind project; PVS unit PTSC M&C partners with Semco Maritime.

Petronas leads VMS project with PVS, Tenaga Nasional and Sembcorp to route Vietnamese offshore wind via subsea cable to Malaysia and Singapore.

PVS subsidiary PTSC and US-based Pacifico Energy begin surveys for two offshore wind projects in Ho Chi Minh City and Lam Dong, targeting 1,800 MW and over US$6 billion.

Murphy Oil begins first oil at Lac Da Vang (Golden Camel), Block 15-1/05, ~100M barrels. PTSC (PVS, HNX) built the platform and FSO; PVD watches rig demand.

Petrovietnam targets $37B revenue by 2030 and $80-100B by 2050, with offshore CO2 storage and SAF. PVS, PVD, GAS, PLX, POW, BSR affected.

Doosan Enerbility signed a USD 618M contract with Petrovietnam for the 1,155 MW O Mon III gas plant, with PVS (HNX) in the EPC consortium.

PVS subsidiary PTSC M&C wins QatarEnergy's EPIC-1 Maydan Mahzam redevelopment contract, valued over USD 3B, running Q4 2026 to end-2031.

PVS (PTSC) and Doosan Enerbility secure the O Mon III EPC package within Vietnam's $12B Lot B-O Mon gas-power chain, after a $3B QatarEnergy award.

VCBS Research sees strong Q3 profit growth for banking and oil & gas. PVS revenue forecast +13% YoY, PVD +21%, BSR refining margins improve. Securities weak on liquidity.

Circular 139/2025/TT-BTC forces all 299 HNX-listed stocks, including PVS, SHS and MBS, onto HoSE by 31 Dec 2026, with trading bands shifting from ±10% to ±7%.

PVS subsidiary PTSC M&C wins QatarEnergy's EPIC-1 package for Maydan Mahzam, a USD 3B EPCIC award covering 8 structures over 100,000 tonnes from 2026 to 2031.

PVS receives Letter of Award from QatarEnergy for EPIC-1 package in Maydan Mahzam Redevelopment, estimated at USD 3B. VCBS projects 2026 revenue above VND 39,000B.

PVS unit PTSC M&C completes four offshore substation topsides for Poland's USD 7.8B Baltica 2 wind farm, Vietnam's first offshore wind export to Europe.

PVS receives Letter of Award for QatarEnergy's Maydan Mahzam EPIC-1 package, estimated at USD 3B, potentially adding USD 45M net profit in 2027-2030.

PVS subsidiary PTSC M&C completes four 3,000-ton offshore substations for Poland's Baltica 2 wind farm, Vietnam's first heavy offshore equipment export to Europe.

PVS subsidiary PTSC M&C completes and ships four offshore substations for Poland's Baltica 2 wind farm, Vietnam's first offshore wind equipment export to Europe.

PVS Q2 2026 net profit rises 47% to VND 525B, but core profit falls 48% after excluding VND 460B one-time gain from Formosa 4.

Vietnam's amended Petroleum Law passed 23/8/2026, effective 1/3/2027. Vietcap sees PVS, PVD, GAS as key beneficiaries. E&P spending to rise 40% in 2027.

Vietnam's amended Petroleum Law, effective 1/3/2027, boosts upstream E&P. Vietcap sees PVS, PVD, GAS, PVT, BSR, PLX, OIL benefiting.

Vietnam's National Assembly passes revised Petroleum Law, effective 1/3/2027, granting PetroVietnam more powers and expanding incentives for difficult projects. Affects PVS, PVD, PVB.

PVS lifts 2026-2030 revenue plan to VND 210-220T (+39%); Vietcap raises M&C backlog to $7B, boosting 2026 profit forecast by 20%.

PVS (HNX) plans 20% stock dividend for 2025, issuing 102M shares in Q3-Q4 2026. H1 2026 net profit up 63% YoY, exceeding full-year target.

Vietnam begins building the Khanh My-Dam Doi gas field (12.4 Bcm, $350M). First gas expected Q4 2027, benefiting PVS, POW, DCM.

PVS reports H1 2026 after-tax profit of VND 820B (+33% YoY), achieving 83% of its annual target. Revenue reached VND 18,020B (+29%).

PVS-linked ST-9P well at Su Tu Trang field reaches first gas at 30 MMcf/d, exceeding expectations. Key milestone for Phase 2B, boosting gas supply for power plants.

Petrovietnam appoints Le Manh Cuong as General Director on May 20, 2026. Cuong, former CEO of PTSC (PVS), brings decades of oil & gas experience.

PVS reports Q1/2026 net profit of VND 435.3B (+45% YoY) and revenue of VND 8,698.7B (+44.6%), driven by FSO/FPSO segment and successful launch of Lac Da Vang FSO.