Factors affecting production and business activities of Vietnam Oil and Gas Group in 2022
Abstract
The International Monetary Fund (IMF) has reduced its forecast for global growth from an estimated 6.1% (2021) to 3.6% in 2022 and 2023 [1]. In particular, the World Bank forecasts that the conflict between Russia and Ukraine will cause energy and non-energy prices (food and metals) in 2022 to increase by 50.5% and 19.2%, respectively [2].On the basis of examining Vietnam’s and the world’s economic and political situation, the article analyses the factors that impact the production and business activities of the Vietnam Oil and Gas Group (Petrovietnam). These factors have both positive and negative impacts, posing both opportunities and challenges for Petrovietnam in the implementation of its annual tasks and objectives, its 5-year plan for 20212025, and its development strategy until 2030, and vision to 2045.
References
IMF, “World economic outlook”, 29/4/2022. [Online]. Available: https://www.imf.org/en/Publications/WEO.
World Bank, “Commodity markets outlook: The impact of the war in Ukraine on commodity markets”, 26/4/2022. [Online]. Available: https://openknowledge.worldbank.org/bitstream/handle/10986/37223/CMOApril-2022.pdf.
Quốc hội, “Nghị quyết về kế hoạch phát triển kinh tế - xã hội năm 2022”, Nghị quyết số 32/2021/QH15, 12/11/2021. https://datafiles.chinhphu.vn/cpp/files/vbpq/2021/11/32.signed_01.pdf.
Tổng cục Thống kê, “Báo cáo tình hình kinh tế - xã hội Quý I năm 2022”, 29/3/2022.
World Bank, “Offshore wind development program: Offshore wind roadmap for Vietnam”, 6/2021. [Online]. Available: https://documents1.worldbank.org/curated/en/261981623120856300/pdf/offshore-winddevelopment-program-offshore-wind-roadmap-forVietnam.pdf.
Tập đoàn Dầu khí Việt Nam, “Tài liệu Hội nghị tổng kết công tác năm 2021 và triển khai nhiệm vụ năm 2022”, 2022.
Tập đoàn Dầu khí Việt Nam, “Thông báo kết luận của Tổng giám đốc Tập đoàn tại Hội nghị Thăm dò - Khai thác Dầu khí năm 2022”, 6/4/2022.
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