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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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Hanoi has submitted an important proposal to the Pacific Construction Group (China) regarding the Văn Cao – Hòa Lạc metro line, a project with total investment of 72.3 trillion dong. On the afternoon of April 9, a Memorandum of Understanding on cooperation was signed between the Hanoi Department of Construction…
PV Drilling will hold its 2026 annual general meeting (AGM) on the morning of April 21, 2026, in Ho Chi Minh City. The company’s disclosed materials outline a cautious business plan for 2026, projecting consolidated revenue to fall slightly to about 11.185 trillion VND and after-tax profit to decline by about 23% to 800 billion VND.
The 2026 plan is built on several operating assumptions, including running five rigs throughout the year. PV Drilling IX is expected to begin operations in Q2 2026, with a self-elevating rig charter rate of USD 90,000 per day. In addition, the company expects to keep one TAD rig operating in Brunei and to operate two charter rigs.
PV Drilling reported that it finished 2025 with its best performance in ten years. Total consolidated revenue reached 11.553 trillion VND and net profit was 1.052 trillion VND, exceeding the plan by 60% and 98%, respectively.
For 2026, PV Drilling plans capital expenditure of about 4.229 trillion VND. The company said this spending will mainly continue projects from 2025, including adding a multi-functional self-elevating rig, purchasing a well-workover unit, and acquiring equity interests from partner companies.
To balance funding and cash flow, PV Drilling will forgo dividends in 2025, retaining more than 708 billion VND of profit. For 2026 dividends, the company stated it will consider proposals at the 2027 AGM, depending on business results, investment needs, and cash flow.
A key item at the upcoming AGM is the plan to issue nearly 371.9 million new shares at a ratio of 66.9%. This means that for every 1,000 existing shares, shareholders would receive 669 new shares. The new shares would be freely transferable.
If completed, PV Drilling would raise its charter capital from about 5,563 billion VND to around 9,282 billion VND.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
