Hanoi: Prime Minister Pham Minh Chinh outlined six pioneering initiatives for state-owned giant Vietnam National Industry – Energy Group (Petrovietnam) to drive the country toward double-digit growth next year during a conference in Hanoi on December 26. On the occasion, the Government leader announced the appointment of Petrovietnam CEO Le Ngoc Son as Chairman of its Members’ Council, succeeding Le Manh Hung, who had been assigned to act as Acting Minister of Industry and Trade.

According to Vietnam News Agency, the strategic initiatives set forth by Prime Minister Chinh aim to bolster Petrovietnam’s contribution to national economic growth. These initiatives are expected to enhance the company’s operational efficiency and expand its presence in the energy sector, aligning with Vietnam’s broader economic objectives for the upcoming year. The appointment of Le Ngoc Son as Chairman marks a significant leadership transition within Petrovietnam, emphasizing the government’s confidence in his ability to steer the company through these pivotal changes.

The newly appointed Chairman, Le Ngoc Son, is anticipated to bring a fresh perspective and renewed vigor to Petrovietnam’s strategic endeavors. His leadership will be crucial in implementing the six initiatives, which are part of a broader government effort to stimulate economic development through key state-owned enterprises. The conference in Hanoi served as a platform for the government to communicate its expectations and strategic direction for Petrovietnam, underscoring the company’s vital role in achieving the nation’s economic targets.