PETROLIMEX CANTHO CO.,LTD

PETROLIMEX CANTHO CO., LTD (Vietnamese name: CÔNG TY TNHH MỘT THÀNH VIÊN XĂNG DẦU TÂY NAM BỘ), registered under business ID 1800158559, is a one-member limited liability company operating in the wholesale petroleum sector. Founded on July 13, 2010, and based in Can Tho City, Vietnam, the company functions as a wholly owned subsidiary of the Vietnam National Petroleum Group (Petrolimex), the country's leading petroleum conglomerate.

PETROLIMEX CANTHO CO., LTD is headquartered at the Can Tho Lottery Building, 14th-15th Floor, No. 29 Cach Mang Thang Tam Street, and employs around 500 staff. The company is managed by Mr. Vo Thai Son, who serves as both Chairman and Director, supported by Director Mr. Nguyen Dang Chinh. Its business activities are centered on trading petrol, petrochemical products, and wholesale fuel distribution, but it is also engaged in construction material trading, machinery repair, insurance agency services, water supply, and inland freight transportation.

In the fiscal year 2023, PETROLIMEX CANTHO CO., LTD reported significant financial improvements. Total assets grew to USD 24.75 million, up 16.89% year-over-year, while equity surged by 90.31% to reach USD 12.52 million. Although total sales dropped by 12.26% to USD 266.49 million, net profit saw a sharp rise to USD 931,596—an increase of 289.46% from the previous year. The company also improved its net worth to USD 7.47 million despite maintaining a negative working capital position of USD -9.12 million, signaling some short-term financial constraints.

PETROLIMEX CANTHO CO., LTD continues to play a key role in supplying fuels across the Mekong Delta, with active branches in Can Tho and Soc Trang. Backed by the reputation and scale of Petrolimex, the company is positioned as a critical distribution and retail hub in southern Vietnam’s energy infrastructure.