Close-up of PetroVietnam’s three major IPOs in 2017The IPOs of three major oil and gas companies—Binh Son Refining and Petrochemical Company (BSR), Vietnam Oil Corporation (PV Oil), and PetroVietnam Power Corporation (PV Power)—are expected to be the “blockbusters” on the stock market in the last quarter of the year. Along with BSR, another PetroVietnam affiliate PV Power is also waiting for its IPO in December 2017. After equitisation, along with maintaining efficiency and improving the capacity of existing plants, PV Power will continue to invest in further development. The other major oil and gas company awaiting its IPO in the last few months is Vietnam Oil Corporation (PV Oil). Besides the domestic market, PV Oil has expanded to Laos, Singapore, and Cambodia.

Source: VietNamNet News September 30, 2017 04:52 UTC