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VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

Active

Business ID 0316158113

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

Active

Business ID 0316158113

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

Active

Summary

Name:

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

Business ID (TIN):

0316158113

Date of Registration:

21 Feb 2020

Registered Office:

Ho Chi Minh Department of Planning and Investment

Address:

Room 606, 6th floor, Waseco Building, 10 Pho Quang, Ward 2, Tan Binh District, Ho Chi Minh City, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

Established in 2020, VT Gas – Viet Nam Liquefied Gas Company Limited is a wholly owned subsidiary of Southern Gas Trading Joint Stock Company and operates in the wholesale distribution of liquefied petroleum gas and related fuel products. Despite its relatively young corporate history, the company has developed a meaningful presence within Vietnam’s downstream gas supply network, supporting commercial clients that rely on consistent and regulated delivery of LPG.

VT Gas serves industrial customers, commercial distributors, and regional fuel wholesalers through an operating model built around safety compliance, inventory management, and supply coordination. The company maintains its head office in Ho Chi Minh City and operates as part of a broader supply chain ecosystem under the Southern Gas Trading structure.

A notable feature of VT Gas’s operating framework is its ability to leverage the logistics, procurement scale, and technical standards of its parent company, enabling it to compete effectively in a sector that demands both price efficiency and strict adherence to safety protocols.

Leadership and Shareholders

VT Gas is led by Le K. N., Director, who is responsible for operational oversight, execution of supply contracts, and overall regulatory compliance. Strategic direction and governance are supported by Tran A. D., Chairperson, who ensures alignment with the parent company’s broader commercial objectives and market positioning.

The company is wholly owned by Southern Gas Trading Joint Stock Company, which holds 100 percent equity. Full charter and paid up capital is reported at USD 6.57 million, demonstrating complete capitalization and direct ownership control from the parent entity.

Financial Growth and Market Risks

In 2023, VT Gas reported revenue of approximately USD 74.29 million. Total assets declined by nearly eight percent and equity contracted by close to nineteen percent, reflecting a challenging year marked by reduced fuel consumption and shifts in procurement cycles. Profit increased compared to the prior year, supported by margin improvements and adjustments in operating cost structure.

The company operates in a market influenced by fluctuations in global energy prices, industrial production cycles, and competition among domestic LPG distributors. Additional risks include regulatory requirements governing safety, storage, and transportation of liquefied gas, as well as the impact of volatile freight and supply chain conditions. For a full assessment of liquidity, capital structure, and creditworthiness, the VNBIS Company Comprehensive Report provides detailed financial analysis and risk evaluation.

Business Intelligence and Risk Outlook

VT Gas is positioned within a sector that is essential to Vietnam’s industrial and commercial energy consumption. Demand for LPG is expected to remain broadly stable over the medium term as manufacturers and service businesses continue to rely on gas for heating, processing, and distribution activities. The company’s integration with Southern Gas Trading supports operational stability, procurement capability, and adherence to industry standards.

The long term outlook will depend on VT Gas’s ability to maintain competitive sourcing, ensure consistent delivery performance, and manage exposure to commodity price cycles. Its alignment with a larger parent organization enhances operational resilience, although market conditions will continue to be shaped by price competition, regulatory oversight, and the broader energy transition environment.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating VT Gas – Viet Nam Liquefied Gas Company Limited and its financial and operational standing.

VNBIS services include:

Company Credit Reports evaluating solvency, liquidity, and financial health
Risk Management Solutions analyzing market exposure, capital structure, and profitability trends
Business Verification and Due Diligence Reports confirming ownership, compliance, and governance records

Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.

Legal Profile

English Name:

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH KHÍ HÓA LỎNG VIỆT NAM - VT GAS

Business ID (TIN):

0316158113

Date of Registration:

21 Feb 2020

Registered Office:

Ho Chi Minh Department of Planning and Investment

Operation Status:

Active

Contacts

Key Decision Makers:

+ LE K.N

+ TRAN A.D

Address:

Room 606, 6th floor, Waseco Building, 10 Pho Quang, Ward 2, Tan Binh District, Ho Chi Minh City, Vietnam

Old Address:

Room 606, Floor 6, Toa Waseco Building, No. 10 Pho Quang, Tan Binh District, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

4661 Wholesale of solid, liquid and gaseous fuels and related products

NACE:

46.71 Wholesale of solid, liquid and gaseous fuels and related products

Industry Sales Growth

CAGR (2019 - 2023)

7.31%

YoY (2023)

-7.98%

Companies by industry

Company distribution and propportions

22,315

0.7675%

Key Industry Players

Top 10 companies in wholesale of solid, liquid and gaseous fuels and related products industry

vietnam national petroleum group petrovietnam oil corporation vinacomin - coal import export joint stock company dong thap petroleum trading import export joint stock company vietnam air petrol company limited (skypec) thanh le corporation vinacomin - northern coal trading joint stock company (translated name) area 2 petroleum company - one member limited liability company (translated name) region i petroleum company - one member limited liability company petrolimex aviation fuel joint stock company

Payment History

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Financial Performance

Assets	62.01%
Owner’s Equity	-42.50%
Working Capital	12.11%
Net Worth	-5.95%
Sales	-15.10%
Operating income	26.59%
EBIT	-44.45%
Gross Profit Margin	-20.32%
Debt to EBITDA	0.84%

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Legal Profile

Contact and Location

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Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

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EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

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Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

When did VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED start operating?

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED was started in 21 Feb 2020

What industry does VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED operate in?

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED is operating in "Wholesale of solid, liquid and gaseous fuels and related products" industry

How can I contact VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED?

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED don't share phone numbers information

What adverse news is there about VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED?

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED’s has no negative news

What is stock symbol of VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED?

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED is not listed company

Where is the location of VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED?

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED is located at Room 606, 6th floor, Waseco Building, 10 Pho Quang, Ward 2, Tan Binh District, Ho Chi Minh City, Vietnam

What is VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED’s business registration?

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED business registration is 0316158113

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VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

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Company Profile Report

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VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

VT GAS - VIET NAM LIQUEFIED GAS COMPANY LIMITED

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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