16:15 | 26/11/2015 Companies
PetroVietnam Gas (PV Gas) has been named in the list of ASEAN 100 companies by Asia’s leading business magazine Nikkei Asian Review.
PetroVietnam Gas's oil refinery (Source: VNA)
With a market capitalisation of 9.43 billion USD and a net profit of 584 million USD in the latest fiscal year, PV Gas was placed in the 48th position and is the only Vietnamese company on the list.
PV Gas is the third largest company in the region’s oil and gas sector, behind only Thailand’s PTT and its affiliate PTT Exploration and Production.
Singapore Telecommunications tops the list with a market capitalisation of 47 billion USD./.