The oil stock group unexpectedly surged in the stock market on November 13, noted with stocks like PVB, OIL, BSR, PLX, GAS, and PVP increasing between 1% and 4%. PVS rose over 5% and PVD reached its highest level in a year, gaining 6.1% by the morning session close. This breakthrough came after the government issued Resolution No. 66.6/2025/NQ-CP, granting approval rights to the PVN Group. The Lô B – Ô Môn project, with a total investment of nearly $12 billion, is regarded as a national priority, significantly contributing to Vietnam’s energy security. In the final quarter of 2025, oil companies continue to maintain growth mainly due to cost recovery and asset sales. BSC warns that 2026 will see differentiation among businesses while SSI sees oil prices remaining low. The PVD and PVS groups are expected to see strong growth due to high extraction capacity, while the PLX and OIL groups may face more negative impacts.
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