PV Power Enhances Operational Effectiveness of Capital Representatives Team
On July 24, 2026, Power Corporation of Vietnam Joint Stock Company (PV Power) - a subsidiary of Vietnam Oil and Gas Group (Petrovietnam) - organized the Conference on Holders of Positions and Representatives of the Corporation at other enterprises for 2026. This important event aimed to evaluate human resource management for capital investment and unify solutions to enhance the operational effectiveness of the capital representatives team in the new development phase.
Background and Significance of the Conference
The conference was held in the context of PV Power accelerating its restructuring and sustainable development process. As a key investment unit of Petrovietnam in the energy sector, particularly renewable energy, PV Power manages capital stakes in numerous enterprises, requiring its team of capital representatives to possess high professional competence and clear responsibilities.
Mr. Nguyen Dinh Trung, Chairman of the Board of Directors of PV Power, emphasized: "The operational effectiveness of the capital representatives team directly impacts the investment efficiency and sustainable development of PV Power. This year's conference is not only an evaluation session but also an opportunity for us to unify direction, enhance capacity, and improve the efficiency of capital investment management in the new phase."
Main Content of the Conference
The conference focused on discussing and evaluating the following key contents:
- Summarizing the work of human resource management for capital investment management in the 2023-2025 period
- Analyzing the current situation and challenges in capital management at enterprises
- Proposing solutions to enhance the operational effectiveness of the capital representatives team
- Building training and development plans for the capital representatives team for the 2026-2030 period
During the discussion session, delegates focused on clarifying the role and responsibilities of capital representatives and the requirements to be met in the new phase. Particularly, PV Power is accelerating its transition to renewable energy, requiring the capital representatives team to have in-depth knowledge in this field.
Proposed Solutions
Based on the discussions at the conference, PV Power agreed on key solutions to enhance the operational effectiveness of the capital representatives team:
| Solution | Detailed Content | Implementation Time |
|---|---|---|
| Enhance professional capacity | Organize training courses on corporate governance, renewable energy, and corporate finance | 2026-2027 |
| Improve evaluation mechanisms | Establish clear evaluation criteria linked to the operational effectiveness of represented enterprises | Q4/2026 |
| Strengthen supervision | Establish a supervision board for the activities of representatives, enhance regular reporting | From 2026 |
| Improve compensation systems | Develop a compensation mechanism linked to operational effectiveness and responsibility | Q1/2027 |
About PV Power
PV Power is a subsidiary of the Vietnam Oil and Gas Group (Petrovietnam), primarily operating in the fields of investment, construction, business, and development of electricity projects. With a total installed capacity of over 5,000 MW, PV Power is one of Vietnam's leading electricity producers, actively developing renewable energy projects such as wind power and solar power.
Currently, PV Power manages capital stakes in over 20 enterprises, including many operating in the energy, supporting industry, and service sectors. The capital representatives team plays a crucial role in preserving and developing the Corporation's investment capital.
Conclusion
The 2026 Conference on Holders of Positions and Representatives of PV Power marked a significant step in human resource management and enhancing the operational effectiveness of the capital representatives team. The proposed solutions not only aim to improve professional competence but also focus on perfecting governance mechanisms, strengthening supervision, and improving compensation systems.
Enhancing the operational effectiveness of the capital representatives team will contribute significantly to the successful implementation of PV Power's sustainable development strategy, especially in the context of transitioning to renewable energy and implementing Vietnam's net-zero commitment.
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