Petrovietnam Chairman Le Manh Hung introduces achievements of the oil and gas industry - Photo: T.NGOC
According to Petrovietnam, in the 50-year journey, the real turning point that changed the country's economic destiny came on June 26, 1986, when the first commercial oil was exploited from Bach Ho field, right at the beginning of the Doi Moi process.
Philosophy of 5 safe, 5 best
At that time, the economy was in a difficult transition period, surrounded by embargoes, the oil flow from Bach Ho field became a strong "push", affirming that Vietnam had officially become an oil-producing country.
Mr. Le Manh Hung - Chairman of Petrovietnam - said that up to now, Petrovietnam has completed its mission of building and developing a synchronous and modern oil and gas industry on par with the region and the world , demonstrated through 5 safe and 5 best.
That is to ensure national energy security, economic security, food security, national defense security, and social security.
Along with that are the 5 highest indexes: largest scale; highest budget contribution; continuously achieving the highest profit; enterprise with the most Ho Chi Minh and State awards in science and technology; performing social responsibility, highest contribution to social security.
General Secretary To Lam gives instructions - Photo: T.NGOC
In his speech, General Secretary To Lam highly appreciated Petrovietnam's contributions to the achievements of 5 safe and 5 best. These are contributions of fundamental, basic, and great significance such as contributions to social security, created from core values: aspiration, will and belief.
Up to now, Petrovietnam has affirmed its autonomous and mature role in the oil and gas industry and energy industry, with the foundation of science and technology.
However, according to the General Secretary, this role is even more important in the context of a rapidly changing world, with the need to ensure energy security, economic security and national defense security.
Accordingly, the General Secretary suggested that Petrovietnam needs to firmly ensure national energy security with a three-layer model.
Including stable and flexible traditional sources; liquefied gas, storage, new sources such as wind power, nuclear power. Proactively reserve, regulate supply, and flexibly link energy security and national defense security.
Petrovietnam received the First Class Labor Medal - Photo: T.NGOC
8 golden words: Pioneer, superior, sustainable, global
The Group needs to promote its leading role in industrialization and modernization, develop industry and services as pillars, develop and complete the petrochemical and chemical complex, integrate mechanical engineering for drilling rigs and energy equipment, build national ecological energy industrial centers, and promote high-tech services.
Pioneering in science and technology, innovation and digital transformation based on dedicating resources to research and development, artificial intelligence, and big data. Along with that is the requirement to innovate governance, perfect the corporate governance model according to international models, increase discipline, and prevent loss and waste.
Proactively integrate internationally, unite strengths for mutual development, deeply participate in the international energy and industrial chain, link domestic chains, encourage the PPP model, create conditions for private participation...
To realize the 2030 goal of Petrovietnam becoming one of the 500 largest enterprises in the world, the General Secretary gave the group 8 words: Pioneer, outstanding, sustainable, global.
To realize the goals, he requested ministries, branches and localities to increase decentralization and decentralization, have specific mechanisms for strategic energy projects, create an open investment and business environment, and remove bottlenecks in infrastructure and planning...
Goal of top 500 largest enterprises in the world by 2030
With the spirit of "keeping the legacy alive, creating national energy", Mr. Hung affirmed that the group will steadfastly carry out the established strategic goal, which is to strive to be one of the 500 largest enterprises in the world by 2030, developing strongly and sustainably.
Therefore, the group focuses on innovation and modernization of the management system in sync with the group model, focusing on developing science, technology, innovation, especially 10 strategic technologies, 32 key products, with the target of revenue from science and technology accounting for 25%.
Talent management, preparing high-quality human resources for the future; developing ecological energy industrial centers; enhancing international cooperation, investment, export and business, striving for international revenue to account for 30%; enhancing corporate culture.
NGOC AN
Source: https://tuoitre.vn/tong-bi-thu-tang-8-chu-vang-cho-tap-doan-petrovietnam-20250921185725302.htm
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