PETROVIETNAM POWER CORPORATION

PETROVIETNAM POWER CORPORATION (PV POWER) is one of Vietnam’s leading electricity providers, specializing in power generation from gas, coal, and renewable energy sources. Established in 2007, the company has played a crucial role in Vietnam’s energy sector, ensuring a stable and sustainable power supply. With total assets exceeding $3.34 billion and annual sales of $1.24 billion, PV POWER is a key player in the country's economic growth.

As an entity listed on the Ho Chi Minh Stock Exchange (HSX) under the ticker POW, PETROVIETNAM POWER CORPORATION has demonstrated consistent growth despite market fluctuations. The company reported a 4.91% increase in profit in 2024, reinforcing its financial stability. However, challenges such as negative working capital highlight the need for strategic financial management. To address these risks, businesses seeking to collaborate with PV POWER can rely on VANGUARD BUSINESS INFORMATION LLC (VBI) for detailed credit assessments and risk analysis.

With over 2,100 employees, PV POWER operates multiple power plants across Vietnam. Its primary business activities include electricity generation, coal and gas trading, and infrastructure development. As a state-invested joint-stock company, it is majority-owned by Vietnam Oil and Gas Group (79.94%), with the remaining 20.06% held by other investors. For businesses evaluating PV POWER as a potential partner, VBI offers comprehensive corporate reports, detailing its financial standing, shareholder structure, and business operations.

Given its position in the energy sector, PETROVIETNAM POWER CORPORATION is an attractive entity for investment and business partnerships. However, to fully understand its financial performance, creditworthiness, and growth potential, stakeholders can depend on VBI to provide in-depth market intelligence and corporate insights. By leveraging VANGUARD BUSINESS INFORMATION LLC, businesses can make well-informed decisions when engaging with PV POWER or other major corporations in Vietnam.