Petrovietnam's 'Golden Mine' in Russia's Arctic: 28 Vietnamese Professionals Generating Hundreds of Millions Annually
The Rusvietpetro joint venture between Petrovietnam and Russia's Zarubezhneft has become a flagship overseas project, generating over $1.4 billion in profit for Vietnam. Despite extreme Arctic conditions, a small team of 28 Vietnamese professionals manages operations, maintaining stable production levels.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- An Giang Tax Authorities Require Gold Businesses to Disclose Employee and Relative Bank Account Details
Tax authorities in An Giang province have issued a directive requiring gold and jewelry businesses to submit personal data and bank account details of their employees and the owners' relatives to combat tax evasion and monitor cash flows.
- Dragon Capital identifies three key drivers for a new growth cycle in Vietnam's stock market
A Dragon Capital expert highlights three structural drivers for Vietnam's stock market: market upgrades, government macroeconomic stability, and sustained FDI inflows, which are expected to catalyze long-term growth.
- Harvard alumnus closes $4 beef noodle shop after one year
A beef noodle shop owned by a Harvard alumnus is set to close after one year, highlighting the challenges in Vietnam's F&B sector amid rising costs and cautious consumer spending.
- Major Vietnamese Entertainment Entities Under Investigation for Copyright Infringement
Vietnam's Ministry of Public Security has initiated investigations and prosecutions against five major entertainment entities, including BH Media and Mây Sài Gòn, for systematic copyright infringement involving unauthorized recording and monetization of musical works on digital platforms.