PETROLIMEX HAIPHONG CO., LTD

PETROLIMEX HAIPHONG CO., LTD (CÔNG TY XĂNG DẦU KHU VỰC III - TNHH MỘT THÀNH VIÊN) is a vital regional subsidiary of the Vietnam National Petroleum Group (Petrolimex), responsible for fuel supply and petroleum-related services across northern Vietnam. Officially registered on August 11, 2010, under Business ID and Tax Code: 0200120833, the company is headquartered at No. 1 So Dau, So Dau Ward, Hong Bang District, Hai Phong City, Vietnam, and operates under the Hai Phong City Department of Planning and Investment.

With a workforce of around 600 employees and led by Ms. Le Thi Thanh Ha as Chairwoman cum Director, PETROLIMEX HAIPHONG provides a wide range of services beyond fuel distribution, including oil storage leasing, tank car maintenance, and wholesale trade of petroleum, chemicals, and auto-related goods. As a one-member limited liability company, it is 100% owned by Vietnam National Petroleum Group, affirming its position within Vietnam’s state-led energy sector.

In terms of financial performance, PETROLIMEX HAIPHONG reported total sales of USD 224.71 million in 2023, slightly down by 6.24% compared to the previous year. However, both net profit and equity rose significantly, with profit increasing 37% to USD 472,363 and equity jumping nearly 40% to USD 6.88 million. The company also improved its asset base by 5.77%, reaching USD 19.48 million by year-end. Despite these gains, the firm still recorded a negative working capital of USD -5 million, suggesting tighter liquidity or short-term obligations that outpace current assets.

PETROLIMEX HAIPHONG’s key role in fuel logistics and retail makes it a critical component of Vietnam’s energy infrastructure, particularly in the port city of Hai Phong—a strategic gateway for industrial and maritime trade. The company's operations span retail, wholesale, maintenance services, transportation logistics, and inspection activities, allowing it to offer vertically integrated petroleum solutions.

To verify the financial integrity, ownership background, or legal standing of PETROLIMEX HAIPHONG or any business in Vietnam, VANGUARD BUSINESS INFORMATION LLC (VBI) offers reliable business verification, financial analysis, and risk reporting services. Through VBI’s platform at www.vnbis.com, investors, suppliers, and financial institutions can access comprehensive reports, including credit data, litigation checks, and operational insights.

For further information, the company can be contacted via (84-225) 3850632 or email petrolimexhp@xdkv3.com.vn. Visit their website at https://kv3.petrolimex.com.vn.