PV GAS keeps holding high spot in the PROFIT500 Ranking
Vietnam Report JSC. (Vietnam Report) has just announced the PROFIT500 Ranking - Top 500 Best Profitable Enterprises in Vietnam in 2022. Vietnam Oil and Gas Group (Petrovietnam) kept topping the Ranking. Besides, Petrovietnam Gas Joint Stock Corporation (PV GAS) was honoured in the Top 20 and Binh Son Refining and Petrochemical Joint Stock Company (BSR) in the Top 25.
According to Vietnam Report’s assessment, over 30 years of operation, Petrovietnam Gas Joint Stock Corporation (PV GAS) has continuously developed and expanded, as the leading enterprise in Vietnam's gas industry. PV GAS brand has become familiar and strategic energy supplier for most of households producing energy, fertilizer, steel and many industries, transportation, food, commercial and civil use with its reputation and guaranteed quality. The PV GAS strategic goal is to develop as one of the leading industries in the economy, gradually reaching the international market, ranking high in the ASEAN region and being named among the top gas brands in Asia. For many years, PV GAS has always exceeded production and business plans and the obligation of the State budget contribution.
Along with Petrovietnam, PV GAS, BSR, many oil and gas enterprises named in the PROFIT500 Ranking in 2022 include: PVFCCo (44th spot); Vietsovpetro (53); PV Power (71); PVCFC (75); PVI (117); PVTrans (126); PVOIL (144); PTSC (151); PVI (161); PETROSETCO (253); PV GAS D (301); PTSC M&C (358); PSD (406); PVI Re (418); and Nhat Viet Trans (479). These results once again confirmed the efficiency in performance of Petrovietnam over the years, with its healthy finance state and flexible management capacity, which has been objectively evaluated and recognized by many local and international reputable organizations.
Six years since the first ranking to seek and honor effective, profitable and sustainable enterprises was announced, the PROFIT500 Ranking has been showing an important role in recognition of worthy contribution of leading enterprises - the mainstay of the country's development. Amid the global economy at many risks and with unpredictable fluctuations, enterprises facing the problem of prices and costs when inflation pressure is higher and higher, it is meaningful to seek the best profitable enterprises, which are expected more than ever by the business community, investors and the public.
It can be seen that both Vietnamese business community and enterprises in PROFIT500 Ranking have been showing ssustainable bravery on the pathway to post- pandemic economic recovery.