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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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A planned new wage framework is expected to take effect from July 1, according to the article.
Xuân Thiện Group Joint Stock Company has received a bid-winning notification from Angola’s National Agency for Oil, Gas and Biofuels (ANPG) for onshore Block KON 9, according to Vietnamnet. The company, via its subsidiary XTP, overcame the evaluation rounds to become the operator of Block KON 9.
Under the bid outcome, Xuân Thiện Group holds an 80% stake in Block KON 9, while partner Brite’s Energy holds the remaining 20% and is designated as non-operating.
As operator, Xuân Thiện Group is responsible for managing the full lifecycle of the project, from exploration and resource assessment to field development (exploitation).
Block KON 9 forms part of Angola’s onshore oil and gas bidding program. The area is considered to have strong commercial potential due to its position in the Kwanza sedimentary basin, where multiple important oil and gas discoveries have been made with large reserves.
Total in-place oil resources for KON 9 are estimated at about 800 million barrels.
ANPG rules require that immediately after notification of bid success, Xuân Thiện Group will fulfill financial obligations and data-technical fees. Following this, the company plans to accelerate key implementation steps, including signing a petroleum contract (PSC/RSC), conducting 2D seismic surveys, evaluating geological structures, and preparing an exploitation plan.
Xuân Thiện Group’s stated objective is to move KON 9 into the commercial exploitation phase as early as possible.
The KON 9 project is described as a key component of the integrated investment ecosystem Xuân Thiện is developing in Angola. Previously, in March 2025, the company signed an agreement to study potential oil and gas in the Etosha (Okavango) basin, covering up to 200,000 square kilometers.
The Etosha (Okavango) basin is located in southern Angola, bordering Namibia, and the Angolan government considers it a region with abundant oil and gas reserves.
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