In 2025, Petrovietnam will complete half a century of operation. With the foundation that has been painstakingly built and the initiative to take on new responsibilities in the energy transition, Petrovietnam is ready to enter its new Spring. The Vietnam Petroleum Association (VPA) is also ready with the mindset of Wisdom - Solidarity - Development, accompanying the Group on the new journey.
Half a century of development and proud achievements
2025 is a particularly important year for Petrovietnam, marking the Group's 50th anniversary of establishment and development. Petrovietnam's half-century milestone is not only an important milestone for the Group and the industry, but also associated with the changes of the country. This is a testament to a long journey of persistent development, overcoming all difficulties and challenges to become one of the country's leading economic groups. In 1975, immediately after the country's reunification, our Party and Government were determined to realize Uncle Ho's wish - exploiting oil and gas to develop the country's economy. At this time, the General Department of Oil and Gas of Vietnam (the predecessor of Petrovietnam) was established. This was a historic strategic step, marking the birth of the Vietnamese oil and gas industry. In the early years of its establishment, with limited facilities, technology and human resources, the General Department had to face countless difficulties. However, with high determination and strong support from the Party and State, the Oil and Gas industry has gradually overcome challenges, building a solid foundation for future development.
With the mission of contributing to ensuring national energy security and being an economic pillar in the construction and development of the country, after half a century, Petrovietnam has had a miraculous journey of construction and development. Petrovietnam has overcome countless difficulties and challenges, gone from "nothing" to "something", mastered the most advanced technology and science and built a complete and synchronous oil and gas industry system. This system includes all stages from searching, exploring, exploiting, transporting, processing, storing, distributing, providing services and importing and exporting petroleum products to producing electricity and fertilizers. In particular, the Group has mastered many advanced technologies in the field of oil and gas exploration and exploitation at great depths and in complex geological conditions. Over the past 5 decades, Petrovietnam has recorded many milestones of achievements and has also experienced many ups and downs. However, the "fire seekers" have steadfastly overcome all objective and internal crises. In all circumstances, Petrovietnam still fulfills its mission, contributing to ensuring the country's stability with the 5 words An: Energy security, Food security, Economic security, Sea and island security and Social security. These achievements contribute to the country's socio-economic development and affirm the important role of Petrovietnam in ensuring national energy security.
Since 1986, a particularly important milestone was marked when Bach Ho oil field on the continental shelf of Vietnam produced the first tons of commercial crude oil. This event opened a new era for the Vietnam Oil and Gas industry. Up to now, Petrovietnam has exploited 646 million tons of oil equivalent, an impressive figure demonstrating the Group's capacity and outstanding development in oil and gas exploration and exploitation. Along with achievements in the fields of gas industry, petrochemical refining, electricity and renewable energy, high-quality oil and gas technical services, Petrovietnam has affirmed its role as one of the important pillars of the country's economy. Petrovietnam contributes regularly to the country's GDP at a rate of 10-13%, while contributing to the State budget accounting for 9-11% of the total budget revenue. These figures not only reflect the scale of operations but also demonstrate the Group's production and business efficiency and its great contribution to the country's socio-economic development. In particular, Petrovietnam also undertakes an important mission in protecting the sovereignty of the sea and islands when constructing and operating offshore oil and gas projects. Large-scale offshore drilling rigs have become solid sovereignty markers in the country's waters. The modern seismic exploration fleet and the system of mine duty ships operating regularly not only serve the search, exploration and exploitation of oil and gas but also contribute positively to affirming and protecting the country's sovereignty over the sea and islands. The regular presence of offshore oil and gas projects, along with the activities of thousands of officers, engineers and workers, have made an important contribution to the implementation and protection of the country's sovereignty over the sea and islands.
The role of Vietnam Petroleum Association in the development journey
Looking back at the achievements of Petrovietnam over the 50 years of formation and development, the Vietnam Oil and Gas Association is proud to have accompanied it for 15 years. Established in 2009, the Association has become a prestigious social and professional organization, an important bridge between experts, scientists and businesses in the Oil and Gas industry. As a specialized scientific and technical association, the Association has continuously connected, gathered and promoted the intelligence of its members, experts and leading scientists in the fields of energy and oil and gas. Throughout its development, the Vietnam Oil and Gas Association has built a large network of more than 1,200 members who are experts, scientists, engineers and experienced managers in the industry. This is a valuable resource, creating collective intellectual strength to actively participate, contribute efforts and intelligence responsibly to promote the process of realizing the development goals and strategies of the Vietnam Oil and Gas industry.
Consulting and criticism is one of the key tasks that clearly demonstrates the role and contribution of the Association. Since the beginning of the 2022-2027 term, the Vietnam Oil and Gas Association has actively participated in contributing ideas to the drafting of many important documents: 1 resolution; 2 draft laws; 8 decrees/circulars of the Government and ministries; 4 topics/professional reports and 2 development strategies of the unit. In particular, the Association's contributions have always been highly appreciated and accepted by the Party Committees, the National Assembly, the Government and ministries and branches, contributing to perfecting the legal framework for the development of the Oil and Gas industry in particular and energy in general. In the field of scientific research and technology transfer, the Association has successfully organized many scientific seminars and specialized seminars with high practical value. These seminars are not only forums for academic exchange but also propose many practical solutions for improving the production and business efficiency of the industry. The Vietnam Oil and Gas Association has also actively coordinated with member units in researching and reviewing oil and gas reserve reports and mine development plans, contributing significantly to optimizing the exploitation and efficient use of resources.
The Petroleum Business Club under the Vietnam Petroleum Association has developed into a prestigious organization, an effective bridge between businesses in the industry. Through the activities of the Club, many business cooperation opportunities have been created, while contributing to the formation of a team of petroleum businessmen with a high sense of responsibility to society. These businessmen are not only pioneers in business but also leaders and instigators in building a petroleum culture, promoting the responsibility of businessmen for the sustainable development of Petrovietnam and the country. Training and human resource development is also one of the important contributions of the Vietnam Petroleum Association. The Association has directly participated in the training process from the basic level for newcomers to the doctoral level at institutes and schools. In particular, the Association has built close cooperative relationships with domestic and foreign training organizations, creating conditions for experience exchange and technology transfer. At the same time, the Association also effectively coordinates with mass organizations such as the Trade Union, Youth Union, and Veterans Association of the Group in traditional education activities and implementing the culture of "Oil and Gas affection".
The year 2024 marks a new development step in the Association's activities when actively expanding cooperative relations with many partners. The Association has signed a cooperation agreement with the Vietnam Mining Science and Technology Association (VMS), the Department of Science and Technology of Ca Mau, the Vietnam Gas Corporation and the Vietnam Oil and Gas Technical Services Corporation. These cooperations open up new opportunities for disseminating knowledge, exchanging experiences, encouraging and facilitating applied research, and developing science and technology to improve the efficiency of the industry. Implementing the signed cooperation agreement, the VMS has coordinated with the VMS to successfully organize the scientific workshop "Reducing greenhouse gas emissions, opportunities and challenges for the mining science and technology and energy sector in Vietnam". This is a nationwide workshop, the first time it was jointly organized by two member associations under the Vietnam Union of Science and Technology Associations (VUSTA). Particularly important, the Vietnam Oil and Gas Association has actively contributed opinions to the industry's strategic documents such as Resolution 41-NQ/TW and Conclusion 76-KL/TW of the Politburo on the strategic orientation for the development of the Vietnam Oil and Gas industry. In addition, the Association has also made important contributions to the completion of the Electricity Law (amended) in 2024 and legal documents related to the oil and gas and energy sectors...
With outstanding achievements in its activities, at the 15th Anniversary Ceremony, the Vietnam Oil and Gas Association was honored to receive a Certificate of Merit from the Ministry of Industry and Trade and VUSTA, and a Symbol from Petrovietnam in recognition of its great contributions to the development of the Vietnam Oil and Gas Industry. To further promote its role in the new period, the Vietnam Oil and Gas Association has developed an action plan for 2025 and the following years. The focus is on strengthening the capacity for consulting, reviewing and social appraisal, especially in key areas such as energy transition, sustainable development and application of digital technology in the Oil and Gas industry. The Association also aims to expand and improve the quality of its expert network, strengthen international cooperation and promote scientific and technological research. In particular, the Association will focus on developing digital platforms to effectively connect members, facilitating the sharing of knowledge and experience in the oil and gas community.
One of the important tasks of the Association in the coming time is to actively participate in the implementation of the goals of Resolution 41-NQ/TW and Conclusion 76-KL/TW of the Politburo. Through that, the Association will contribute to perfecting the legal framework for implementing Petrovietnam's development orientations. The Association also continues to play an active role in advising and criticizing important policies and projects of the industry, ensuring sustainable and effective development. In the context of global energy transition, the Vietnam Petroleum Association identifies an important role in supporting and encouraging Petrovietnam to adapt to new trends. The Association will focus on researching and proposing appropriate technological solutions and business models, helping the Group to be more confident and seize opportunities and overcome challenges in its operations and development. At the same time, it will strengthen the training and development of high-quality human resources to meet the requirements of the industry in the new era. Believing that, with the motto "Connection - Intelligence - Development", along with the solidarity, enthusiasm and responsibility of generations of members, the Vietnam Oil and Gas Association will continue to promote its important role, accompanying Petrovietnam in the new development journey. The Association will always be a trusted social and professional organization, contributing to promoting the sustainable development of the Oil and Gas - Energy industry, contributing more to the national economy and the cause of industrialization and modernization of the country. With the motto "Connection - Intelligence - Development" of the IV term (2022-2027), the Vietnam Oil and Gas Association is determined to continue to promote its mettle, experience and constantly innovate, exploit maximum strength and always accompany the production and business process of the Group and its member units at all levels.
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Source: https://www.ptsc.com.vn/tin-tuc/tin-dau-khi-1/tin-pvn/xuan-moi-tam-the-moi
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