The Board of Management of Vietnam National Petroleum Group (Petrolimex) has approved the sale of all 23,28 million treasury shares to meet public company requirements.
Nguyen Xuan Truong mistakenly pumped over 500 liters of RON95 gasoline into a diesel tank but failed to address the error, instead diluting it to sell 12,500 liters of substandard diesel.
Vietnam National Petroleum Group (Petrolimex) recorded its highest revenue in 13 years during Q1, yet reported a consolidated loss of 662 billion dong, primarily due to inventory provisioning amidst volatile global fuel prices.
