PETROVIETNAM TRANSPORTATION CORPORATION
ActivePETROVIETNAM TRANSPORTATION CORPORATION
ActivePETROVIETNAM TRANSPORTATION CORPORATION
ActiveSummary
PETROVIETNAM TRANSPORTATION CORPORATION, also known as PV TRANS CORP (Vietnamese: TỔNG CÔNG TY CỔ PHẦN VẬN TẢI DẦU KHÍ), continues to solidify its standing as one of Vietnam’s most critical players in the maritime transport sector. Operating under Business ID and Tax Code number 0302743192, the company was officially registered on May 7, 2007, with headquarters at PVFCCo Building, No. 43 Mac Dinh Chi Street, District 1, Ho Chi Minh City.
PETROVIETNAM TRANSPORTATION CORPORATION is a joint-stock company listed on the Ho Chi Minh Stock Exchange (HOSE) under the symbol PVT. It operates primarily in sea and coastal freight transport, especially in oil and gas logistics, and is majority-owned (51%) by the Vietnam National Industry – Energy Group.
As of the latest available data in 2023, PETROVIETNAM TRANSPORTATION CORPORATION reported total assets of USD 718.54 million, a year-on-year increase of 22.72%. Its total sales reached USD 392.59 million, while net profit was USD 50.18 million, reflecting a moderate annual growth of 5.68%. The company's owner's equity stood at USD 371 million, with a working capital of USD 119.36 million.
At the helm of PETROVIETNAM TRANSPORTATION CORPORATION is Chairman Mr. PHAM VIET ANH, a Vietnamese national. The company’s General Director is Mr. NGUYEN DUYEN HIEU, supported by Deputy General Director Mr. NGUYEN DINH THANH. As of June 30, 2024, the corporation employed a total of 2,577 staff across the group.
PV TRANS CORP’s range of services extends beyond sea freight into inland transport, warehousing, shipbuilding, and marine support services, underscoring its diversification strategy. The company also engages in consultancy, leasing, and even temporary employment services, revealing a wide operational scope in Vietnam’s industrial ecosystem.
As the global energy and transport landscape becomes increasingly complex, PETROVIETNAM TRANSPORTATION CORPORATION is expected to play a pivotal role in supporting Vietnam’s oil and gas supply chain. Its financial stability, state-backed ownership, and robust infrastructure make it a trusted partner for both domestic and international ventures.
PETROVIETNAM TRANSPORTATION CORPORATION’s steady growth trajectory and broad service offerings position it as a cornerstone in Vietnam’s maritime economy and a reliable candidate for business verification and risk assessment through Vanguard Business Information LLC (VBI).
Legal Profile
Contacts
+ PHAM V.A
+ NGUYEN D.H
+ LE M.T
+ HO S.T
+ NGUYEN D.T
+ NGUYEN Q.T
+ NGUYEN V.L
+ DO D.H
Business Sector
Key business lines:
Industry Sales Growth
11.32%
-1.56%
Companies by industry
1,471
0.0506%
Key Industry Players
Payment History
Financial Performance
| Assets | -56.28% |
| Owner’s Equity | 10.30% |
| Working Capital | 7.59% |
| Net Worth | 89.84% |
| Sales | -0.61% |
| Operating income | -0.98% |
| EBIT | -10.51% |
| Gross Profit Margin | -5.46% |
| Debt to EBITDA | 88.74% |