SHELL VIETNAM LIMITED

Shell Vietnam Limited is a foreign invested energy enterprise operating in Go Dau Industrial Park of Dong Nai Province. Established in 2008, the company manufactures and trades industrial lubricants and refined petroleum products while also engaging in fuel wholesale, automotive fuel retailing, and selected categories of chemical manufacturing. With a workforce estimated between five hundred and one thousand employees, Shell Vietnam functions as an important operational base for Shell Overseas Investment B V in the Vietnamese market. The company benefits from Vietnam’s expanding industrial activity, strong logistics network, and stable demand for high quality lubricants and specialty petroleum products. Its position near Long Thanh and the broader southern industrial corridor supports efficient access to factories, distribution hubs, and commercial buyers. While 2023 presented financial difficulty, Shell Vietnam remains one of the most mature and technically capable manufacturers in the sector. 

Leadership and Shareholders
Shell Vietnam is directed by Mr Andreas Pradhana, who serves as both Chairman and General Director. He oversees operational management, compliance, and commercial functions across the Dong Nai plant and the Ho Chi Minh City transaction office. The company is wholly owned by Shell Overseas Investment B V of the Netherlands, which holds one hundred percent of its charter capital. This ownership model ensures direct financial support, alignment with Shell’s global operating standards, and access to international supply chains and technical expertise.

Financial Performance and Market Conditions
In 2023, Shell Vietnam generated 73,671,984 USD in revenue, a decline of more than seventeen percent year over year. Total assets decreased to 61,718,704 USD, and equity contracted to 48,685,995 USD. Profit dropped significantly from 10,260,525 USD in 2022 to 3,209,577 USD, reflecting a challenging year for industrial customers who reduced consumption of lubricants and specialty fuels. Despite this downturn, Shell Vietnam’s liquidity remains strong, supported by 41,990,000 USD in working capital. This financial strength provides stability and positions the company to navigate supply chain interruptions, raw material price fluctuations, and variations in industrial activity.

Business Position and Sector Outlook
Vietnam’s manufacturing sector continues to expand, driven by high levels of foreign investment and the steady relocation of global supply chains. Shell Vietnam supports this ecosystem by supplying essential lubricants and petroleum based products required for machinery, transportation fleets, logistics systems, and industrial maintenance. Even with declining profitability in 2023, the company retains a competitive advantage through its established brand, international standards, and extensive distribution reach. Long term prospects will depend on recovering demand from industrial clients, stabilization of input prices, and Shell Vietnam’s capacity to adjust production and pricing strategies in response to global market shifts.

VNBIS Support and Business Services
Vanguard Business Information LLC provides in depth business intelligence to support financial institutions, investors, suppliers, and procurement teams evaluating Shell Vietnam Limited. The full VNBIS Company Comprehensive Report includes a detailed breakdown of financial performance, liquidity indicators, ownership verification, operational risk, litigation checks, and other critical insights that cannot be found in the summary view. For organizations requiring a complete understanding of Shell Vietnam’s credit strength and long term business stability, the full report at www.vnbis.com offers essential data for informed decision making.