The Vietnam Oil and Gas Group, also known as PetroVietnam, is a state-owned enterprise responsible for the exploration, production, and distribution of oil and gas in Vietnam. Established in 1975, it plays a crucial role in the country's energy sector and contributes significantly to the national economy. PetroVietnam operates various subsidiaries and joint ventures, focusing on upstream and downstream activities. The group is involved in oil refining, petrochemical production, and renewable energy projects, aiming to ensure energy security and promote sustainable development in Vietnam.