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PETROVIETNAM OIL CORPORATION

Active

Business ID 0305795054

84-28 / 3910 6990

PETROVIETNAM OIL CORPORATION

Active

Business ID 0305795054

84-28 / 3910 6990

PETROVIETNAM OIL CORPORATION

Active

Summary

Name:

PETROVIETNAM OIL CORPORATION

Business ID (TIN):

0305795054

Date of Registration:

26 Jun 2008

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ticker:

OIL

Address:

14th-18th Floors, PetroVietnam Tower, No. 1-5, Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3910 6990

Fax:

(84-28) 3910 6980

Financial Statement:

2020, 2021, 2022, 2023, 2024

PetroVietnam Oil Corporation (PVOIL) is one of Vietnam’s leading petroleum trading and distribution companies, playing a critical role in supplying crude oil, refined petroleum products, and energy logistics. As a subsidiary of Vietnam Oil and Gas Group (Petrovietnam), PVOIL operates a vast nationwide distribution network, ensuring a stable fuel supply for domestic and industrial consumption.

Financial Strength and Market Performance

PVOIL has shown steady financial growth, with total assets reaching USD 1.6 billion in 2023, marking a 34.81% increase year-over-year. However, total sales declined by 1.49% to USD 4.22 billion, reflecting the volatile global oil market. The company’s net profit stood at USD 25.53 million, experiencing a 14.08% decline compared to 2022, a result of fluctuating oil prices and market uncertainties. Despite these challenges, PVOIL maintains strong financial stability, with an equity of USD 468.06 million and a net worth of USD 408.25 million.

PVOIL’s ability to navigate energy market fluctuations is reinforced by its nationwide presence and international trade partnerships. The company is also publicly listed on the UpCOM stock exchange under the ticker OIL, attracting both local and foreign investors.

Core Business Operations and Market Reach

PVOIL’s business activities cover a broad spectrum of petroleum-related operations, including crude oil trading, petroleum refining, fuel distribution, and transportation logistics. The company is also involved in warehousing, wholesale fuel supply, and technical testing, ensuring compliance with global energy standards.

With headquarters in Ho Chi Minh City and major branches in Ba Ria - Vung Tau, Hue, and Ha Tinh, PVOIL effectively serves Vietnam’s growing energy demand, supplying petrol stations, industrial clients, and government energy projects.

A significant portion of PVOIL’s operations includes importing and exporting petroleum products, leveraging its global supply chain partnerships. The company’s long-term strategic goal is to expand its refining capacity, enhance energy storage solutions, and integrate renewable fuel sources into its portfolio.

Investment Intelligence and Risk Management

For businesses and investors evaluating PVOIL’s financial health, creditworthiness, and market potential, Vanguard Business Information LLC (VNBiS) offers comprehensive Company Credit Reports, Business Information, and Due Diligence Reports on companies in Vietnam. By conducting risk management assessments and corporate financial analysis, VNBiS provides essential insights into PVOIL’s investment viability, operational efficiency, and supply chain reliability.

VNBiS specializes in business intelligence solutions, helping financial institutions, investors, and energy corporations navigate Vietnam’s petroleum sector. With expertise in regulatory compliance, credit risk assessment, and market forecasting, VNBiS ensures that stakeholders can make informed decisions in Vietnam’s evolving energy landscape.

Future Outlook and Strategic Expansion

As Vietnam moves toward energy diversification and sustainability, PVOIL is positioning itself for long-term growth by investing in biofuels, energy efficiency technologies, and strategic partnerships with international oil firms. With a strong foundation in petroleum trading and logistics, the company remains a key player in Vietnam’s energy security and economic development.

For investors, energy companies, and businesses looking to analyze PVOIL’s financial standing or assess market risks, VNBiS provides trusted Due Diligence Reports, Company Credit Reports, and Market Intelligence services. By leveraging VNBiS’s expertise in risk management and financial insights, businesses can confidently explore opportunities in Vietnam’s dynamic oil and gas sector.

Legal Profile

English Name:

PETROVIETNAM OIL CORPORATION

Vietnamese Name:

TỔNG CÔNG TY DẦU VIỆT NAM - CÔNG TY CỔ PHẦN

Short Name:

PVOIL

Business ID (TIN):

0305795054

Date of Registration:

26 Jun 2008

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ticker:

OIL

Ownership Status:

Invested by State-Owned Company

Operation Status:

Active

Contacts

Key Decision Makers:

+ CAO H.D

+ NGUYEN D.T

+ VO K.H

+ HOANG D.T

+ LE T.T.H

+ TRUONG D.H

+ LE T.H

+ NGUYEN N.N

Address:

14th-18th Floors, PetroVietnam Tower, No. 1-5, Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3910 6990

Fax:

(84-28) 3910 6980

Branch:

No. 54B, Street 30/4, Thang Nhat Ward, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

Branch:

Phu Hai 1 Hamlet, Loc Vinh Commune, Phu Loc District, Thua Thien Hue Province, Vietnam

Branch:

No. 417, Tran Phu Street, Tran Phu Ward, Ha Tinh City, Ha Tinh Province, Vietnam

Branch:

Lot F6, Dinh Vu Industrial Park, Dong Hai 2 Ward, Hai An District, Hai Phong City, Vietnam

Branch:

Dung Quat Economic Area, Binh Thuan Commune, Binh Son District, Quang Ngai Province, Vietnam

Branch:

No. 9, 15th Floor-Service Building, Nguyen Thai Hoc Street, Ward 7, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

Branch:

Hamlet 4, Phu Xuan Commune, Nha Be District, Ho Chi Minh City, Vietnam

Branch:

Industrial Park No. 2, Nghi Son Economic Area, Hai Yen Commune, Tinh Gia District, Thanh Hoa Province, Vietnam

Business Sector

Key business lines:

VSIC:

4661 Wholesale of solid, liquid and gaseous fuels and related products

NACE:

46.71 Wholesale of solid, liquid and gaseous fuels and related products

Industry Sales Growth

CAGR (2019 - 2023)

7.31%

YoY (2023)

-7.98%

Companies by industry

Company distribution and propportions

22,313

0.7675%

Key Industry Players

Top 10 companies in wholesale of solid, liquid and gaseous fuels and related products industry

vietnam national petroleum group petrovietnam oil corporation vinacomin - coal import export joint stock company dong thap petroleum trading import export joint stock company vietnam air petrol company limited (skypec) thanh le corporation vinacomin - northern coal trading joint stock company (translated name) area 2 petroleum company - one member limited liability company (translated name) region i petroleum company - one member limited liability company petrolimex aviation fuel joint stock company

Payment History

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Financial Performance

Assets	82.11%
Owner’s Equity	-58.73%
Working Capital	54.86%
Net Worth	17.13%
Sales	-41.45%
Operating income	-89.23%
EBIT	16.22%
Gross Profit Margin	10.92%
Debt to EBITDA	-8.13%

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Specific Questions About PETROVIETNAM OIL CORPORATION

When did PETROVIETNAM OIL CORPORATION start operating?

PETROVIETNAM OIL CORPORATION was started in 26 Jun 2008

What industry does PETROVIETNAM OIL CORPORATION operate in?

PETROVIETNAM OIL CORPORATION is operating in "Wholesale of solid, liquid and gaseous fuels and related products" industry

How can I contact PETROVIETNAM OIL CORPORATION?

PETROVIETNAM OIL CORPORATION phone numbers is 84-28 / 3910 6990

What adverse news is there about PETROVIETNAM OIL CORPORATION?

PETROVIETNAM OIL CORPORATION’s has 35 bad news

What is stock symbol of PETROVIETNAM OIL CORPORATION?

PETROVIETNAM OIL CORPORATION’s stock symbol is OIL

Where is the location of PETROVIETNAM OIL CORPORATION?

PETROVIETNAM OIL CORPORATION is located at 14th-18th Floors, PetroVietnam Tower, No. 1-5, Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

What is PETROVIETNAM OIL CORPORATION’s business registration?

PETROVIETNAM OIL CORPORATION business registration is 0305795054

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PETROVIETNAM OIL CORPORATION

PETROVIETNAM OIL CORPORATION

PETROVIETNAM OIL CORPORATION

Financial Strength and Market Performance

Core Business Operations and Market Reach

Investment Intelligence and Risk Management

Future Outlook and Strategic Expansion

Company Profile Report

Company Standard Report

Comprehensive Report

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PETROVIETNAM OIL CORPORATION

PETROVIETNAM OIL CORPORATION

PETROVIETNAM OIL CORPORATION

Financial Strength and Market Performance

Core Business Operations and Market Reach

Investment Intelligence and Risk Management

Future Outlook and Strategic Expansion

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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