PV Drilling named in VIX50 and Top 50 Sustainable Development Enterprises

The Vietnam Oil and Gas Drilling and Services Corporation (PV Drilling) has achieved a significant milestone by being named for the first time among the Top 50 Most Reputable and Effective Public Companies in 2026 (VIX50), as announced by Vietnam Report. 

The company was also recognized among the Top 50 Corporate Sustainability Awards (Top 50 CSA) in the category of “Human Resources Strategy for Sustainable Development,” presented by Nhip Cau Dau Tu Magazine.

These prestigious accolades acknowledge PV Drilling’s persistent efforts to enhance corporate governance, optimize operational efficiency, develop a highly skilled workforce, strengthen its media reputation and brand value in the stock market, and progressively integrate ESG (Environmental, Social, and Governance) principles into its long-term sustainable development strategy.

At PV Drilling, people are recognized as one of the company’s three core values, alongside professionalism and integrity. They serve as the foundation of the Corporation’s internal strength and long-term sustainable growth.

During the 2023–2025 period, PV Drilling continuously increased its investment in human capital development. Total training hours rose from 43,716 to 70,424 hours, while average training hours reached 37.36 hours per employee. Training expenditure also increased to VND 29.39 billion in 2025.

Notably, sustainability and ESG-related topics were incorporated into the company’s training programs, accounting for 440 training hours in 2025. This initiative has helped strengthen employees’ awareness, knowledge, and capabilities in implementing sustainability objectives across the organization.

Training effectiveness also continued to improve, with the completion rate of training programs among offshore rig personnel increasing from 86% to 90.82%, reflecting PV Drilling’s ongoing commitment to workforce development and operational excellence.

PV Drilling’s human resources strategy is implemented throughout the entire employee lifecycle, encompassing recruitment, training, career development, performance evaluation, and promotion. At the same time, the Corporation is progressively integrating principles of business ethics, diversity, equity and inclusion (DEI) into its people management practices.

Through this comprehensive approach, PV Drilling aims to build a highly professional, engaged, and future-ready workforce capable of driving innovation, sustaining operational excellence, and achieving the Corporation’s long-term growth ambitions.

Earlier, on June 2, 2026, Vietnam Report JSC announced the VIX50 Ranking – the Top 50 Most Reputable and Effective Public Companies in 2026. By securing a place in this prestigious ranking for the first time, PV Drilling has demonstrated its sustainable growth capability, effective risk management practices, and steadily strengthening brand reputation in the capital market.

Selected based on four key financial criteria - revenue, profit, total assets, and market capitalization - companies included in the VIX50 ranking must also meet stringent requirements regarding financial health, media reputation, and stakeholder confidence.

Today, PV Drilling operates a fleet of eight modern offshore drilling rigs, including seven rigs currently active across the Southeast Asian market and a new-generation premium jack-up rig expected to be named PV DRILLING X. Supported by a comprehensive ecosystem of high-quality well services, as well as manpower solutions for offshore drilling, onshore drilling, geothermal drilling, and carbon capture and storage (CCS) well operations, PV Drilling continues to strengthen its competitive position, maintain high rig utilization rates, and ensure safe and efficient operations.

Being recognized simultaneously among the Top 50 Most Reputable and Effective Public Companies and the Top 50 Sustainable Enterprises in 2026 in the category of “Human Resources Strategy for Sustainable Development” represents a meaningful acknowledgment of PV Drilling’s persistent efforts to balance business growth, corporate governance enhancement, and human capital development.

These achievements further reinforce the Corporation’s commitment to its sustainable development strategy, creating greater value for employees, shareholders, customers, and business partners, while making a positive contribution to the growth and development of Vietnam’s energy industry.