Article

PV Power, a subsidiary of Petrovietnam, is focusing on energy security and business efficiency while developing gas and LNG power generation. As of January 2026, PV Power generated approximately 2.06 billion kWh, exceeding its monthly target.

The company aims to maintain its position as a key electricity supplier and enhance LNG capacity, while advancing renewable energy projects and key investments. PV Power is seeking support from Petrovietnam for investment decision-making and financing for large projects.

Challenges include financial and regulatory issues affecting large-scale electricity projects. The company is adjusting its strategy to increase foundational electricity generation while ensuring national energy security.