Presence of the new identification of the Petrolimex brand name

 
11:05' PM - Thứ bảy, 14/01/2012

PRESS RELEASE

PRESENCE OF THE NEW IDENTIFICATION OF THE PETROLIMEX BRAND NAME

Hanoi January 12th, 2012. Today at Horizon Hotel Hanoi, Vietnam National Petroleum Group (Petrolimex) held the ceremony to present the identification of the Petrolimex brand name.



Mr. Bui Ngoc Bao, Chairman of Board of Management of Vietnam National Petroleum Group officially presents the new identification of Vietnam National Petroleum Group brand name


Attending the ceremony was H.E Vu Huy Hoang, Minister of Trade and Industry, Mr. Bui Ngoc Bao, Chairman of BOM of Vietnam National Petroleum Group, Mr. Tran Van Thinh, Director General Of Vietnam National Petroleum Group and numerous representatives and authorities of press media, agencies and journalists.

With determination to build Petrolimex into a strong and dynamic economic group, Vietnam National Petroleum Group decided to establish a new identification of Petrolimex in the whole system, from the Holding Company Vietnam National Petroleum Group to member units in and out of Vietnam.

Identification of new Petrolimex is the development of inherited precious core value and the fine features of the past, and a vision for “a further progress”. Besides the system of new identification, Petrolimex will concentrate on building the enterprise culture, operate the enterprise resource program(ERP), check all procedures and norms, improve the management system, resolutely curb and eliminate actions that impair the prestige and image of Petrolimex.

The ceremony to present the identification of brand and logos is the commitment of quality of goods and services supplied by Petrolimex to all users, partners in and out of the country

The brand name of Petrolimex and the logos are owned by Petrolimex, given Certificates of Registration in Vietnam, in the region and the world. The use and exploitation of the brand name and logos are to follow the procedures stipulated by Vietnam National Petroleum Group.

On the same day, leaders of Vietnam National Petroleum Group sent official circulars to related Ministries, Departments, authorities and press media as well as an open letter to the clientele about the new system of brand and logos officially approved by Petrolimex. Besides the request to relevant authorities for the protection of brand name and logos, Vietnam National Petroleum Group will actively and initiatively protects its brand name and logos according to new and old stipulations.

Information on Petrolimex:

Vietnam National Petroleum Group (Petrolimex) is established by the equitization and restructure of Vietnam National Petroleum Corporation by Decision No. 828/QD-TTg of 31st May 2011 by the Prime Minister.

The main business line of Petrolimex is to import-export and deal in petroleum, refining and petrochemical products, investing in other enterprises for the lines which Petrolimex is dealing and other sectors stipulated by laws.

Besides oils, lubricants, petrochemicals, LPG and oil transport, Petrolimex invests in other fields such as designing, installation, mechanical, oil equipment insurance, banking and other trading services in which many brands are considered leading Vietnam products such as PLC, PGC, VIPCO, VITACO, PJICO….

In the oil field, Petrolimex continues to hold the leading role in the domestic market as directed by the Government. Together with ten (10) other oil traders, Petrolimex assures the timely and sufficient supply of oils for economic development of the country, assures defense security and people’s use. 42 out of 68 Petrolimex member units directly involve in the oil supply in 62 out of 68 provinces and cities. Abroad, Petrolimex has Petrolimex single-member limited company in Singapore, a Petrolimex single-member limited company in Laos and a Petrolimex representative office in Cambodia. .

In the retail market, out of 10,000 outlets of all other economic sectors, Petrolimex has 2,170 outlets nation-wide, creating conditions for end users to get access to Petrolimex direct services. In remote and distant zones, in difficult and extremely difficult areas where business outturn is low but political and social significant is high, Petrolimex has a market share higher than the average market share of the whole group.

Next to oil retail shops, there are other commodities and services such as lubricants, gas, insurance, banking…provided by Petrolimex member companies. Petrolimex is the first enterprise to sell oil by Flexicard with numerous facilities, and will open the service of express money in Vietnam.

The forerunner of Petrolimex is The Gasoline, Oil and Grease Corporation of Vietnam which was set up by Decree No. 09/BTN of 12th January 1956 by the Ministry of Commerce. The tradition day is the 13th March each year.
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