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10 May 2017

Vietnam demotes top Communist Party official for misconduct

Vietnam`s ruling Communist Party demoted a prominent party official on Wednesday, stripping him of his role as party head of Ho Chi Minh City to penalise him further for misconduct during his time as head of the country`s state oil and gas firm.

28 Oct 2014

OVL to acquire stake in two Vietnamese blocks

PetroVietnam, the national oil company of Vietnam, will take half of OVL's 100 per cent stake in Block 128 in South China Sea which the Indian firm had earlier planned to exit.

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