VIETNAM LUBRICANTS AND CHEMICALS JOINT STOCK COMPANY

VIETNAM LUBRICANTS AND CHEMICALS JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN DẦU NHỚT VÀ HÓA CHẤT VIỆT NAM), widely recognized under its commercial brand VILUBE, is one of Vietnam’s most reputable manufacturers and distributors of lubricants and chemical oil products. The company’s head office is located on the 29th Floor, Pearl Plaza, 561A Dien Bien Phu Street, Ward 25, Binh Thanh District, Ho Chi Minh City, with branches and representative offices in Hanoi, Can Tho, and Nha Be Industrial Zone, where its main factory operates.

Established on November 3, 2008, under Business ID: 0303269722, VILUBE is an FDI enterprise—a wholly owned subsidiary of the MOTUL Group, through MOTUL ASIA PACIFIC PTE. LTD. (Singapore) holding 98% ownership, alongside minor shareholders MOTUL (France) and Lube Investment Asia Pte. Ltd. (Singapore). This ownership structure integrates VILUBE into the global MOTUL network, allowing it to access advanced lubricant technology, international R&D, and a strong regional distribution system.

The company is led by Mr. Nguyen V. H., who serves as General Director, supported by Ms. Nguyen T. T. V., Chief Accountant. Together, they manage a workforce of 300 employees, focusing on the production and marketing of premium lubricants under the MOTUL and VILUBE brands for both domestic and export markets.

Financially, VILUBE has demonstrated outstanding growth over the past three years. As of 2024, the company reported total assets of USD 58.63 million, up 44.5% year-on-year, and equity of USD 38.19 million, up 32.3%. Revenue reached USD 130.14 million, a 33% rise from 2023, while net profit surged 67.6%, hitting USD 19.52 million—the highest in the company’s history. With a working capital of USD 29.48 million, VILUBE remains in a strong liquidity position, reflecting prudent financial management and stable operations.

The sustained growth in both sales and profits underscores the company’s ability to maintain a competitive advantage through product diversification and technological innovation. Its production facility in Nha Be District is equipped with modern blending and packaging systems, enabling VILUBE to serve a wide range of clients—from industrial plants and automotive service centers to retail consumers across Vietnam.

As a strategic subsidiary of MOTUL, VIETNAM LUBRICANTS AND CHEMICALS JSC plays an essential role in expanding the French lubricant giant’s presence in Southeast Asia. Beyond its commercial success, the company is also known for its commitment to sustainability, product quality, and safety standards, positioning itself as a benchmark for Vietnam’s lubricant industry.

Based on verified corporate and financial data compiled by VANGUARD BUSINESS INFORMATION LLC (VNBIS), Vietnam’s leading provider of company intelligence and credit risk assessment.