State giant to stick with fossil fuels as it leans into the renewables sector

Petrovietnam intends to parlay its decades of offshore drilling experience into offshore wind farm development, a somewhat “similar” endeavor, President and CEO Le Manh Cuong says. © Petrovietnam
LIEN HOANG
November 4, 2026 12:57 JST
HO CHI MINH CITY — Petrovietnam President and CEO Le Manh Cuong called wind and nuclear power the company’s future after the Middle East war briefly left it “with no single drop” of fossil fuel.