May 19, 2013 8:45 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Vietnam National Petroleum Corporation

Company Overview

Vietnam National Petroleum Corporation, together with its subsidiaries, supplies fuels. The company offers petroleum and oil products; and liquefied petroleum gas for enterprises, industrial factories, hotels, restaurants, households, and high rise buildings, as well as transportation, building materials, metal painting, food processing, and health care sectors. It also engages in the production, trading, and export of motor lubricants, industrial and marine lubricants, specialized lubricants, greases, and petrochemical products to Laos, Cambodia, China, Hong Kong, Taiwan, and the Philippines. In addition, the company offers insurance products for various sectors, including transport, projec...

Detailed Description

No. 1 Kham Thien Str.

Dong Da District

Hanoi,  10000

Vietnam

Founded in 1956

Phone:

84 4 3851 2603

Fax:

84 4 3851 9203

www.petrolimex.com.vn

Key Executives for Vietnam National Petroleum Corporation

Director General
Vice Director General
Director of Import-Export Department
Vice Director of Import-Export Department
Chairman of Board of Management
Compensation as of Fiscal Year 2012.

Vietnam National Petroleum Corporation Key Developments

Tong Cong ty Xang Dau Vietnam Plans to Invest VND 833 Billion in Non-Core Business

Tong Cong ty Xang Dau Vietnam poured a total of VND 3.8 trillion ($181 million) in non-core business sectors last year. This year, the company plans to invest VND 833 billion in non-core business sectors such as property. The figure will fall to VND 601 billion in 2012.

Tong Cong ty Xang Dau Vietnam Announces Earnings Results for the Nine Months of 2011; Provides Earnings Guidance for the Two Months of November and December 2011; Provides Dividend Guidance for the Two Months of November and December 2011 and for the Years 2012 and 2013

Tong Cong ty Xang Dau Vietnam announced earnings results for the nine months of 2011. For the nine months, the company reported losses of VND 2 trillion from trading fuels amid the lower sale prices than the import ones. The company provides earnings guidance for the two months of November and December 2011. For the period, the company estimated that it will make a net profit of VND 150 billion. Its estimated revenues would be VND 25.35 trillion. The dividend payment of the company equivalent to VND 135 per share during two months of November and December 2011. The company aims for dividend payment equivalent to VND 1,000 per share and 1,200 per share in 2012, 2013, respectively.

Tong Cong ty Xang Dau Vietnam Provides Earnings Guidance for 2011, 2012 and 2013

Tong Cong ty Xang Dau Vietnam provided earnings guidance for 2011, 2012 and 2013. For the period, the company expected to report its net profit to fall to VND 491 billion from VND 924 billion in 2010. For 2011, the company expects net profit to jump to VND 2.1 trillion. For 2013, the company expected net profit to jump to VND 2.6 trillion.

Recent Private Companies Transactions

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