Vietnam’s government has reshuffled top leadership at PetroVietnam while highlighting the group’s record-scale business results for 2025.

Prime Minister Pham Minh Chinh has appointed Le Ngoc Son as Chairman of the Members’ Council of PetroVietnam, with the decision taking effect on 26 December 2025, according to local reports covering the appointment ceremony.

The change follows the transfer of the previous chair, Le Manh Hung, who was appointed Acting Minister of Industry and Trade under a prime ministerial decision issued in late December 2025.

At the same time, Vietnamese media reporting on the group’s year-end review said PetroVietnam delivered record-breaking revenue for 2025, exceeding VND 1.1 quadrillion. The same reporting cited total assets nearing VND 1.2 quadrillion and contributions to the state budget of nearly VND 166 trillion.

The leadership appointment comes as the state energy group is being asked to sustain output and investment momentum while supporting Vietnam’s broader economic targets, as referenced in official and semi-official coverage of the year-end meetings.