PV Gas NCSP hits H1 business targets with focus on safety

By Minh Anh
Thu, July 18, 2024 | 1:27 pm GMT+7

Nam Con Son Gas Pipeline Company (PV Gas NCSP), a subsidiary of gas giant PV Gas, has completed all tasks and met all H1 targets while staying focused on safety.

In the first six months of 2024, the firm received, processed and transported nearly 1.13 billion Standard cubic meters (Sm3) of gas, or an average of about 6.2 million Sm3 of gas day and night, with 100% reliability and operational availability.

Security, safety, and fire prevention were maintained with the company recording no security issues, no incidents of chemical spills, no gas supply interruption and no serious damage to property and environment. Notably, it also recorded no incidents of Lost Time Injury (LTI).

From January 1, 2024 to May 31, 2024, the company accumulated 197,935 safe working hours.

PV Gas also carried out 7,846 maintenance and repair tasks with many improvements and optimizations, ensuring quality and contributing to stable plant operations. Critical equipment was maintained and operated per schedule.

PV Gas NCSP carried out maintenance and repair works in a secure and effective manner to ensure stable gas supply in H1/2024. Photo courtesy of PV Gas NCSP.

PV Gas NCSP carried out maintenance and repair works in a secure and effective manner to ensure stable gas supply in H1/2024. Photo courtesy of PV Gas NCSP.

The company has earned high appreciation from local governments and residents for its social, humanitarian work that offered practical support to the community at large.

For instance, it has participated in the “Love Connection” program of the Ba Ria-Vung Tau Radio and Television station to support needy people in the province.

For instance, it has backed the “VND2,000 Love Kitchen" (VND2,000 = 8 U.S. cents) in Vung Tau town to provide lunches for needy people; taken care of Vietnamese Heroic Mother Nguyen Thi Dong in the southern province’s Binh My hamlet, Chau Duc district.

The company has also given 100 gifts worth a combined VND58 million ($2,290) to poor and needy households in Son Binh commune, Chau Duc district within the framework of the “Spring of Love 2024” program.

PV Gas NCSP has allocated VND940 million ($37,170) for social work this year, covering 11 programs in education, health and house building.

A PV Gas NCSP gift-handover ceremony for needy people. Photo courtesy of the company.

A PV Gas NCSP gift-handover ceremony for needy people. Photo courtesy of the company.

The company has also followed guidelines from parent firm PV Gas to maintain its corporate culture in an “active, creative and diverse manner,” fostering internal communications to create a “multi-dimensional influence” on its executives and employees.

It has offered courses to develop professional and leadership capacities. It has also built reading spaces as part of efforts to promote a learning culture through self-study, self-training and strengthening internal training among employees.

In training, it has paid full attention to implementing the “5S” model, (five Japanese standards: Seiri, Seiton, Seiso, Seiketsu, and Shitsuke) to create a friendly and increasingly professional working environment.

Comments (0)
  • Read More
Indonesia to end incentives for imported CBU BEVs in 2026

Indonesia to end incentives for imported CBU BEVs in 2026

The Indonesian government has confirmed that it will stop providing incentives for imported completely built-up (CBU) battery electric vehicles (BEVs) from 2026.

Southeast Asia - Tue, September 16, 2025 | 9:44 pm GMT+7

Aquatic sector advised to navigate challenges, secure exports to EU, US

Aquatic sector advised to navigate challenges, secure exports to EU, US

Despite positive production signals with growth in 2025 projected at 4.25%, Vietnam's aquatic sector is facing mounting export pressures, particularly strict technical barriers in major markets such as the EU and the U.S.

Companies - Tue, September 16, 2025 | 9:41 pm GMT+7

Vietnam pledges favorable conditions for UK businesses

Vietnam pledges favorable conditions for UK businesses

Finance Minister Nguyen Van Thang has affirmed Vietnam’s commitment to improving its investment environment and creating favourable conditions for foreign enterprises, including those from the UK.

Companies - Tue, September 16, 2025 | 9:29 pm GMT+7

Lotte Shopping plans to open more shopping malls in Vietnam

Lotte Shopping plans to open more shopping malls in Vietnam

South Korean retail giant Lotte Shopping has unveiled plans to open an additional two to three large-scale shopping malls in major Vietnamese cities by 2030, underscoring the country’s growing role in the group’s international expansion strategy.

Companies - Tue, September 16, 2025 | 9:25 pm GMT+7

Vietnam ratifies WTO Agreement on Fisheries Subsidies

Vietnam ratifies WTO Agreement on Fisheries Subsidies

Vietnam officially deposited its instrument of ratification of the Agreement on Fisheries Subsidies at the WTO General Council’s special session in Switzerland on Monday.

Companies - Tue, September 16, 2025 | 9:21 pm GMT+7

What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?

What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?

NobleGo – Vietnam’s pioneering AI-powered livestream real estate bidding platform developed by Sunshine Group – has completed its first 20 livestream sessions.

Real Estate - Tue, September 16, 2025 | 4:53 pm GMT+7

Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026

Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026

Japanese-backed Aeonmall Vietnam is ramping up construction on its Aeon Mall Ha Long project in Quang Ninh province, home to Ha Long Bay, with an aim to open it to the public by end-2026.

Industries - Tue, September 16, 2025 | 3:54 pm GMT+7

Hanoi terminates Vinaxuki auto plant project, repurposes land for commercial complex

Hanoi terminates Vinaxuki auto plant project, repurposes land for commercial complex

A long-stalled automotive manufacturing project by Xuan Kien Auto JSC (Vinaxuki) has been officially terminated by Hanoi authorities, and the reclaimed land in Phuc Thinh commune will be repurposed for a new commercial and service complex.

Industries - Tue, September 16, 2025 | 2:44 pm GMT+7

Central Vietnam province reviews investment proposal for thermal power project after Thai EGATi pullout

Central Vietnam province reviews investment proposal for thermal power project after Thai EGATi pullout

Authorities in the central province of Quang Tri are evaluating a proposal from Power Generation JSC 1 (EVNGENCO 1), a subsidiary of state utility Vietnam Electricity (EVN), to take over the Quang Tri thermal power plant project, following the withdrawal of Thai investor EGATi.

Energy - Tue, September 16, 2025 | 1:44 pm GMT+7

Amata to sell stakes worth $46 mln in Vietnam units to Novaland-tied buyers

Amata to sell stakes worth $46 mln in Vietnam units to Novaland-tied buyers

Amata VN, the Vietnam arm of Thailand’s leading industrial park developer Amata, has approved a plan for its subsidiary Amata City Long Thanh Urban JSC (ACLT) to sell its remaining 51% stakes in two entities to local developer Novaland-linked buyers.

Real Estate - Tue, September 16, 2025 | 12:19 pm GMT+7

Vietnam already meets FTSE's criteria for stock market status upgrade: Finance Minister

Vietnam already meets FTSE's criteria for stock market status upgrade: Finance Minister

Vietnam has fulfilled the criteria for a stock market status upgrade by FTSE Russell through reforms aimed at facilitating foreign investment inflows into its market, said Minister of Finance Nguyen Van Thang.

Economy - Tue, September 16, 2025 | 9:36 am GMT+7

Banks should be allowed to distribute, invest in mutual fund certificates: Vietnam's finance ministry

Banks should be allowed to distribute, invest in mutual fund certificates: Vietnam's finance ministry

The Ministry of Finance is proposing a key reform that would allow commercial banks to invest in and distribute mutual fund certificates, as part of a broader plan to restructure the investor base and foster the development of Vietnam’s fund management industry.

Finance - Tue, September 16, 2025 | 8:00 am GMT+7

E-commerce boom a major driver of Vietnam's packaging paper industry growth

E-commerce boom a major driver of Vietnam's packaging paper industry growth

Vietnam's paper packaging industry is entering a period of strong growth, with an average annual growth rate forecasted at 10% until 2030.

Companies - Mon, September 15, 2025 | 10:20 pm GMT+7

Vietnam needs support from UK in developing international financial center: Deputy PM

Vietnam needs support from UK in developing international financial center: Deputy PM

Permanent Deputy Prime Minister Nguyen Hoa Binh has called on the UK and the City of London to continue supporting and accompanying Vietnam in promoting and introducing its international financial center (IFC).

Finance - Mon, September 15, 2025 | 10:12 pm GMT+7

Vietnam enforces 8% capital adequacy ratio for banks from Sept 15

Vietnam enforces 8% capital adequacy ratio for banks from Sept 15

Commercial banks and foreign bank branches in Vietnam must maintain a minimum capital adequacy ratio (CAR) of 8%, including at least 4.5% in Tier 1 core capital and 6% in Tier 1 capital, starting from September 15.

Banking - Mon, September 15, 2025 | 10:04 pm GMT+7

Tool for wood traceability management debuts in Vietnam

Tool for wood traceability management debuts in Vietnam

The Vn-WoodID application has been officially launched in Vietnam, becoming a key tool contributing to wood traceability.

Companies - Mon, September 15, 2025 | 10:00 pm GMT+7