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PETRO VIETNAM TECHNICAL SERVICES CORPORATION

Active

Business ID 0100150577

84-28 / 3910 2828

PETRO VIETNAM TECHNICAL SERVICES CORPORATION

Active

Business ID 0100150577

84-28 / 3910 2828

PETRO VIETNAM TECHNICAL SERVICES CORPORATION

Active

Summary

Name:

PETRO VIETNAM TECHNICAL SERVICES CORPORATION

Business ID (TIN):

0100150577

Date of Registration:

12 Mar 2007

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ticker:

PVS

Address:

5th Floor, PetroVietnam Building, No. 1-5, Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3910 2828

Fax:

(84-28) 3910 2929

Financial Statement:

2020, 2021, 2022, 2023, 2024

PETRO VIETNAM TECHNICAL SERVICES CORPORATION, locally known as TỔNG CÔNG TY CỔ PHẦN DỊCH VỤ KỸ THUẬT DẦU KHÍ VIỆT NAM (PTSC), is a leading provider of technical services in Vietnam’s oil and gas, energy, and industrial sectors. Established in 2007, the company operates as a joint-stock enterprise with 51.38 percent of its shares owned by Vietnam Oil and Gas Group (PetroVietnam). Headquartered in Ho Chi Minh City, PTSC has branches in Da Nang, Ba Ria - Vung Tau, and Soc Trang, ensuring a nationwide presence to support Vietnam’s energy infrastructure.

According to Vanguard Business Information LLC (VBI), PTSC reported total assets of USD 1.09 billion in 2023, reflecting a 1.9 percent increase from the previous year. The company’s total sales grew significantly by 18.37 percent to USD 795.92 million, demonstrating strong demand for its technical and engineering services. However, profit growth slowed to just 0.89 percent, reaching USD 43.55 million, signaling rising operational costs or competitive pressures in the energy sector.

Legally, PTSC operates under Business ID 0100150577, with its Tax Identification Number (TIN) 0100150577. It is registered with the Ho Chi Minh City Department of Planning and Investment and is listed on the Hanoi Stock Exchange (HNX) under the stock symbol PVS. With a charter capital of USD 196.36 million and over 7,600 employees, PTSC is one of Vietnam’s most significant players in petroleum-related services.

Under the leadership of chairman Phan Thanh Tung and general director Le Manh Cuong, PTSC provides a wide range of services, including offshore oil platform maintenance, pipeline engineering, hazardous waste disposal, and energy infrastructure development. The company is also involved in electrical and construction installation, wholesale trade of industrial equipment, and logistics for petroleum operations.

Despite its strong financial standing and essential role in Vietnam’s energy sector, PTSC faces challenges related to global oil price volatility, increasing competition from international engineering firms, and the shift toward renewable energy sources. VBI’s market analysis suggests that PTSC must diversify its service offerings, invest in technological advancements, and expand into sustainable energy projects to maintain long-term competitiveness.

With Vietnam’s growing demand for energy infrastructure and oil and gas services, PTSC is well-positioned to remain a key industry player. However, future success will depend on its ability to navigate industry transitions, optimize cost efficiency, and leverage its state-backed ownership for strategic growth opportunities.

Legal Profile

English Name:

PETRO VIETNAM TECHNICAL SERVICES CORPORATION

Vietnamese Name:

TỔNG CÔNG TY CỔ PHẦN DỊCH VỤ KỸ THUẬT DẦU KHÍ VIỆT NAM

Short Name:

PTSC

Business ID (TIN):

0100150577

Date of Registration:

12 Mar 2007

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ticker:

PVS

Ownership Status:

Invested by State-Owned Company

Operation Status:

Active

Contacts

Key Decision Makers:

+ PHAN T.T

+ TRAN H.B

+ TRAN H.N

+ PHAM V.H

+ LE C.T

+ NGUYEN X.C

+ NGUYEN V.B

Address:

5th Floor, PetroVietnam Building, No. 1-5, Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3910 2828

Fax:

(84-28) 3910 2929

Branch:

No. 11, Road 3/2,, Da Nang City, Vietnam

Branch:

No. 65A, Street 30/4, Ho Chi Minh City, Vietnam

Branch:

Thanh Duc Hamlet, Can Tho City, Vietnam

Branch:

Hon La Port,, Quang Tri Province, Vietnam

Branch:

No. 73, Street 30/4, Ho Chi Minh City, Vietnam

Representative office:

No. 142, Nguyen Khuyen Street, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

3822 Treatment and disposal of hazardous waste

NACE:

38.22 Treatment and disposal of hazardous waste

NAICS:

562211 Hazardous Waste Treatment and Disposal

Industry Sales Growth

CAGR (2019 - 2023)

9.29%

YoY (2023)

8.14%

Companies by industry

Company distribution and propportions

281

0.0097%

Key Industry Players

Top 10 companies in treatment and disposal of hazardous waste industry

vietxanh environmental manufacturing - trading - services ltd.company vinacomin - environment company limited (translated name) thanh cong cooperative viet star environmental joint stock company. thanh cong group joint stock company bach khoa environment technology - trading - services corporation green sai gon co, ltd viet xuan moi environment joint stock company hung phat green industry joint stock company mien dong environment joint stock company

Payment History

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Financial Performance

Assets	-26.52%
Owner’s Equity	50.90%
Working Capital	48.15%
Net Worth	-90.18%
Sales	73.08%
Operating income	77.92%
EBIT	24.79%
Gross Profit Margin	17.03%
Debt to EBITDA	37.12%

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Specific Questions About PETRO VIETNAM TECHNICAL SERVICES CORPORATION

When did PETRO VIETNAM TECHNICAL SERVICES CORPORATION start operating?

PETRO VIETNAM TECHNICAL SERVICES CORPORATION was started in 12 Mar 2007

What industry does PETRO VIETNAM TECHNICAL SERVICES CORPORATION operate in?

PETRO VIETNAM TECHNICAL SERVICES CORPORATION is operating in "Treatment and disposal of hazardous waste" industry

How can I contact PETRO VIETNAM TECHNICAL SERVICES CORPORATION?

PETRO VIETNAM TECHNICAL SERVICES CORPORATION phone numbers is 84-28 / 3910 2828

What adverse news is there about PETRO VIETNAM TECHNICAL SERVICES CORPORATION?

PETRO VIETNAM TECHNICAL SERVICES CORPORATION’s has no negative news

What is stock symbol of PETRO VIETNAM TECHNICAL SERVICES CORPORATION?

PETRO VIETNAM TECHNICAL SERVICES CORPORATION’s stock symbol is PVS

Where is the location of PETRO VIETNAM TECHNICAL SERVICES CORPORATION?

PETRO VIETNAM TECHNICAL SERVICES CORPORATION is located at 5th Floor, PetroVietnam Building, No. 1-5, Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

What is PETRO VIETNAM TECHNICAL SERVICES CORPORATION’s business registration?

PETRO VIETNAM TECHNICAL SERVICES CORPORATION business registration is 0100150577

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