In the trend of renovation and open door of the country, Petrolimex has incessantly intensified and broadened its international relations. Up to now, Petrolimex has had transactions with almost all major oil and gas firms of the world and the region.

Scientific and technological research for long term development strategy of the Corporation is consistently considered vital and foremost. In past years, Petrolimex reserved remarkable funding for investment in scientific and technological research so as to optimize existing resources, develop newly emerging potentials, contributing to raise its competitiveness and ensuring a stable development.

Oil is the main business of Petrolimex. Every year, Petrolimex imports 7-8 million tons of oils, accounting for 60 percent of domestic market. Turnover by oil per year amounts to an average figure of more than 25,000billion dongs, accounting for 80 percent of that of the whole Corporation.

Chemical business is one of strong point of Petrolimex. Chemical products such as solvents, PU, DOP, plastic resins... are supplied for industrial and consumer goods production and for exports. For highly specialized products, Petrolimex set up a chain of chemical storage tanks with a total volume of 20,000cbm together with specialized transport means, in combination with automatic delivery technique...

kinh_doanh_xang_dau-100x80.jpgParallel to the main business in oil, the Corporation extends into complimentary products like universal motor lubricants, industrial and marine lubricants and specialized lubricants. The Joint Stock Petrochemical Company (PLC) is one of top-class enterprise in Vietnam in the production and trade of lubricants and greases Formerly, 100% lubricants were imported...

In the strategy for diversification of products, Petrolimex has engaged in the production and trade of bitumen. Petrolimex bitumen of high quality in several forms as thick, liquid in bulk, in drums is supplied to big road projects: national highways No.1, 5, 18 and provincial roads...

Oil transportation is an effective activity closely linked to oil business. Petrolimex, therefore, invested in modern and fully conditioned means to reach out to world oil markets. The Corporation now owns a fleet of ocean going tankers of an aggregate tonnage of 158,000DWT, more than double that of 2000, a fleet of coastal and river tankers of about 100,000 tons, a 500km pipeline and more than 1,2000 tank trucks of an aggregate capacity of 9,000cbm operating in Petrolimex member companies...

With a view to developing and perfecting the material and technological infrastructure, Petrolimex has an experienced and professional staff of consultants, designers and engineers for oil and gas projects such as oil, LPG, liquid bitumen terminals, lubricant blending plants, oil pipelines...Alongside with production activities, Petrolimex engages in research work of ministerial and state levels having high scientific and practical values such as the standards for oil storage...

Doing insurance business is to implement Petrolimex’s strategy for diversification of business scope and lines. Petrolimex Joint Stock Insurance Company (PJICO) now has more than 50 insurance products and market shares in the sectors of transport, project construction and installation, oil and gas, import and export goods and vehicle insurance...

Beside the business in oils, the Corporation has an independent company dealing in other general import-export activities like produces of agriculture, forestry, fishery, art and craft articles, minerals, non-ferrous metals, real estates. Established since 1999, the joint stock general trading company (PITCO) has gradually confirmed its business strength and prestige in domestic and international markets...

With a market share of about 20%, Petrolimex Gas is one of the most reputed brand in Vietnam. Gas from Petrolimex is now present in all 64 provinces and cities nationwide at the service of production, commercial and consumer sectors of the society. Gas from Petrolimex is being supplied to enterprises, industrial factories, hotels, restaurants, households; and for high rise buildings, it is supplied through centralized grids. With an especial aim at a green and clean society...

Mechanics and equipment for oil industry is one of strong points of Petrolimex. Products and main services have a strong foothold in market at home and abroad like drums of 217l, pails of 18, 20, 25l, oil dispensers, oil tanks, cisterns and tank trucks. In particular, the mechanical and equipment sector of Petrolimex is producing new liquid bitumen carriers, specialized fire trucks, and installing oil tanks of 5,000cbm to 12,000cbm volume...