PV Gas Trading’s labor union makes non-stop progress for workers
The labor union of PV Gas Trading, a member of leading Vietnamese gas supplier PV Gas, has come of age in the 2018-2023 term with more contributions to the PV Gas trading arm.
The PV Gas Trading labor union has to date gathered 63 members divided into six groups for different functions. It also includes committees for inspection, legal and internal affairs; culture, arts, sports; children, life, travel, safety and occupational hygiene; and finance, emulation and reward.
In the term 2018-2023, although production and business activities have been affected by difficulties in the domestic and foreign LPG markets, the PV Gas Trading labor union has achieved remarkable results.
The union focuses on key tasks like protecting the legitimate rights and interests of employees via income and benefits, iinspection and supervision of the implementation of corporate policies and rules directly related to employees (rules on salary, rewards, recruitment and the like), disseminating Collective Labor Agreement content to employees and making suggestions to secure further benefits (working time, social and health insurance, salaries and bonuses).
The union closely coordinates with the company in organizing annual meetings with employees. It also checks the signing of labor contracts and specific content on the rights and obligations of both employees and employer. Thanks to this, social and health insurance are paid properly per corporate regulations.
Also to serve employees, the union gives birthday gifts, hands out allowances, pays visits to sick workers, and promptly handles labor-related issues.
The union, together with company leadership, implements benefit policies for employees like annual health insurance services, dedicated health check-ups, voluntary retirement insurance, life insurance policies for all employees, travel support for annual leave, and visits to sick employees. Office workers have breakfast at the office, while workers at production and outside sites get money for meals.
Since 2021, the company has carried out LPG business plans with warehouses in northern Vietnam, boosting its regional share as a major market player.
PV Gas, the parent company of PV Gas Trading, is a subsidiary of Petrovietnam, Vietnam's national oil and gas corporation. PV Gas, established in 1990, focuses on gathering, transporting, storing, processing and distributing gas and gas products, as well as distributing LPG. It also leads the development of the country's LNG import market.
As for PV Gas Trading, its latest trade union meeting voted for a new board for the union in the 2023-2028 term. Its chairman is Ngo Duy Trong, also its chief accountant. The head of the inspection committee is Pham Minh Tuan from the general planning department. The meeting also elected a delegation to attend the annual PV Gas trade union meeting with six official delegates and one stand-by delegate.
- Read More
China's Exquisite Power launches $20 mln battery factory in Vietnam
China-invested Vietnam Exquisite Power Technology Company Limited launched its $20-million factory in Vietnam’s northern coastal city of Hai Phong on Friday.
Industries - Sat, January 18, 2025 | 10:46 pm GMT+7
Central Vietnam city licenses 3 FDI projects worth $190 mln
Vietnam’s central coastal city of Danang has granted investment registration certificates to four foreign-invested projects totaling $190 million.
Industries - Sat, January 18, 2025 | 10:35 pm GMT+7
Thailand to launch new carbon credits market
Thailand aims to introduce a new carbon credits market this year as the Southeast Asian nation seeks to address weak demand and low prices.
Southeast Asia - Sat, January 18, 2025 | 7:57 pm GMT+7
Malaysia defines two priorities to ensure food security
Malaysia's Ministry of Agriculture and Food Security (KPKM) has set two major priorities for this year - reforming the national rice and paddy industry, and increasing productivity in the ruminant sector, particularly beef and buffalo meat production.
Southeast Asia - Sat, January 18, 2025 | 7:52 pm GMT+7
Foxconn doubles investment in central Vietnam province to $200 mln
Fu Wing Interconnect Technology (Nghe An) Co. Ltd., a subsidiary of Foxconn, has doubled its investment in the central Vietnam province of Nghe An to $200 million.
Industries - Sat, January 18, 2025 | 4:07 pm GMT+7
WB revises up Vietnam’s 2025 GDP growth forecast to 6.6%
Vietnam’s GDP growth can reach 6.6% in 2025, the World Bank said in the newly-released January edition of its “Global Economic Prospects” report.
Economy - Sat, January 18, 2025 | 10:36 am GMT+7
Poland’s leading pharma group Adamed keen to expand in Vietnam: exec
Adamed Pharma, a leading pharmaceutical and biotechnology group in Poland, plans to expand its investment in Vietnam, said Malgorzata Adamkiewicz, president of the company’s supervisory board.
Industries - Sat, January 18, 2025 | 10:16 am GMT+7
PM calls on Polish companies to expand investments in Vietnam
Vietnamese Prime Minister Pham Minh Chinh has asked Polish companies to increase their investments in Vietnam, capitalizing on the EU-Vietnam Free Trade Agreement (EVFTA).
Industries - Sat, January 18, 2025 | 10:07 am GMT+7
Ethics, ambition critical for startup founders to succeed: Go Global Holdings exec
The global investment landscape offers abundant opportunities for Vietnamese brands to expand internationally, but startups must prioritize self-improvement and readiness, says Nguyen Phi Van, chairwoman of Go Global Holdings, a company specializing in franchising.
Companies - Sat, January 18, 2025 | 9:00 am GMT+7
Scandal-hit Tan Hoang Minh Group eyes $592 mln ecotourism project in central Vietnam
Real estate developer Tan Hoang Minh Group has proposed the central province of Quang Binh allow it to study the building of a VND15 trillion ($592 million) ecotourism area in Le Thu district.
Real Estate - Sat, January 18, 2025 | 8:00 am GMT+7
Germany energy firm wpd plans $180 mln wind power project in central Vietnam
Germany’s energy company wpd plans to invest VND4,600 billion ($181.62 million) in building a 143 MW wind power plant in Vietnam’s central coastal province of Binh Dinh.
Energy - Fri, January 17, 2025 | 10:21 pm GMT+7
BRICS – new key export market of Indonesia
Indonesia’s non-oil and gas exports to the five major BRICS nations reached $84.37 billion in 2024, accounting for nearly 34% of the country’s total non-oil and gas export value, according to the country’s Central Statistics Agency (BPS).
Southeast Asia - Fri, January 17, 2025 | 9:54 pm GMT+7
Vietnam refinery operator BSR hits $2.6 bln valuation in bourse debut
Binh Son Refining and Petrochemical JSC, the operator of Vietnam’s first oil refinery Dung Quat, officially listed over 3.1 billion BSR shares on the Ho Chi Minh Stock Exchange (HoSE) on Friday, marking a rare "blockbuster" debut on the major bourse in recent years.
Companies - Fri, January 17, 2025 | 6:59 pm GMT+7
Two remaining weak Vietnamese banks transferred to VPBank, HDBank
The State Bank of Vietnam, the country's central bank, on Friday announced the mandatory transfers of two "weak" private banks under its special control, GPBank and DongA Bank, to VPBank and HDBank respectively.
Banking - Fri, January 17, 2025 | 4:32 pm GMT+7
DPPA not applied to non-manufacturing consumers, Vietnam ministry insists
Vietnam’s Ministry of Industry and Trade does not plan to extend the direct power purchase agreement (DPPA) mechanism to non-manufacturing consumers using the national grid.
Energy - Fri, January 17, 2025 | 3:50 pm GMT+7
Two foreign giants eye luxury marina, resort projects in central Vietnam
Swiss investment fund Finance Suisse and the world’s leading superyacht builder Palmer Johnson are looking for opportunities to invest in a super-luxury marina and a resort in the south-central Vietnam province of Binh Dinh.
Industries - Fri, January 17, 2025 | 3:18 pm GMT+7