PTT’s development strategy - action plan to 2024

  • Ta Hien Trang
  • Nguyen Thuan Yen
Keywords: 3D strategy, PTT, PTTEP, PTTGC


PTT Public Co., Ltd. implements a 3D strategy with the objectives of focusing on business growth as well as working towards sustainable development, ensuring long-term benefits of stakeholders. Specifically, PTT focuses on improving its competitiveness, promoting technological innovations to reduce costs and increase profits; investing in infrastructure and expanding related fields which have the potential to create added value domestically and abroad; pursuing new business and investment opportunities to guarantee long-term growth.

In early 2020, with the double impact of the oil price crisis and COVID-19 pandemic, PTT adjusted its strategy to cope with the negative impacts, showing flexibility, timeliness and effectiveness in strategy planning. The article introduces PTT's strategy to 2024, with the goal of becoming a multinational energy company, integrating energy trading and petrochemical production.


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How to Cite
Ta Hien Trang, & Nguyen Thuan Yen. (2020). PTT’s development strategy - action plan to 2024. Petrovietnam Journal, 7, 49 - 57. journal.v7i0.327