HANOI PETROLEUM BRANCH - PETROLEUM COMPANY REGION I - ONE MEMBER LIMITED LIABILITY COMPANY

HANOI PETROLEUM BRANCH - PETROLEUM COMPANY REGION I - ONE MEMBER LIMITED LIABILITY COMPANY (CHI NHÁNH XĂNG DẦU HÀ NỘI - CÔNG TY XĂNG DẦU KHU VỰC I - CÔNG TY TRÁCH NHIỆM HỮU HẠN MỘT THÀNH VIÊN) operates as a state-owned enterprise specializing in the wholesale and retail of petroleum and fuel-related products. Established on April 4, 1994, the company has been in operation for over 30 years. It is registered under Business ID 0100107564-001and is headquartered at 10th Floor, No. 14 Lang Ha Street, Thanh Cong Ward, Ba Dinh District, Hanoi, Vietnam.

Corporate Structure and Business Operations

The company operates as a branch of REGION I PETROLEUM COMPANY - ONE MEMBER LIMITED LIABILITY COMPANY, which owns 100% of its shares. Under the leadership of Branch Director Do Hoang Ha, the company plays a crucial role in Vietnam’s energy supply chain, ensuring the distribution and storage of solid, liquid, and gaseous fuels. As reported in VBI's corporate risk analysis, its state-owned structure provides financial backing and operational stability, making it a key entity in Vietnam's petroleum and fuel wholesale industry.

Business Activities and Market Position

According to VBI’s business intelligence, HANOI PETROLEUM BRANCH is involved in both wholesale and retail operations, supplying fuel to industries, transportation sectors, and individual consumers. Its core business activities include:

• Wholesale of petroleum and fuel-related products
• Retail sale of automotive fuel in specialized stores
• Warehousing and storage
• Cargo handling and transportation support activities
• Wholesale trade of construction materials and installation supplies
• Retail sale of various consumer goods, including food, beverages, and electronics

This diversified portfolio enables the company to maintain a strong presence in multiple sectors, ensuring supply chain efficiency and risk mitigation, as observed by VBI’s business risk assessment services.

Financial Performance and Stability

Currently, the company's detailed financial data is unavailable, as it is a newly established branch under the parent company. However, given its state-backed ownership and market presence, VBI expects stable revenue generation and operational continuity. The company's association with REGION I PETROLEUM COMPANY, a leading fuel distributor in Vietnam, further strengthens its financial resilience and market competitiveness.

Challenges and Future Outlook

Based on VBI’s industry research, HANOI PETROLEUM BRANCH faces challenges related to global fuel price fluctuations, regulatory policies, and market competition. However, its government-backed structure, extensive distribution network, and diversified business model position it for long-term stability and growth.

To enhance business sustainability, VBI recommends strategic initiatives such as:

• Expanding storage capacity and logistics efficiency to reduce supply chain disruptions.
• Investing in clean energy alternatives and sustainability practices to align with global trends.
• Enhancing retail expansion and customer engagement strategies to increase market reach.

With a strong market presence and stable operational backing, HANOI PETROLEUM BRANCH is poised to play a crucial role in Vietnam’s energy sector for years to come. VANGUARD BUSINESS INFORMATION LLC (VBI) will continue to monitor its financial stability, operational risks, and market developments, ensuring comprehensive business insights for industry stakeholders.