Petrolimex Saigon Transportation and Service Joint Stock Company
HHNX:PSC10,500.00
VND
+800.00
(+8.25%)
Petrolimex Saigon Transportation and Service Joint Stock Company
HNX:PSC
(Hanoi Stock Exchange)
Recent
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10,500.00
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yld
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ROIC.AI
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- Business
- Petrolimex Saigon Transportation and Service Joint Stock Company (HNX: PSC) is a Vietnam-based provider of petroleum logistics, fuel trading, and industrial support services. Operating as a subsidiary within the Vietnam National Petroleum Group (Petrolimex) network, the company primarily serves state-owned energy entities, industrial clients, and commercial fuel distributors across Southern Vietnam, including Ho Chi Minh City, Dong Nai, Binh Duong, Long An, Binh Thuan, Lam Dong, Dak Nong, Binh Phuoc, and Tay Ninh. The company organizes its operations into three core business divisions: Petroleum Transportation and Logistics, Petroleum and Gas Trading, and Mechanical Services and Packaging Manufacturing. Its portfolio of products and services includes specialized road transportation of refined petroleum products via a fleet of heavy-duty tank trucks; wholesale and retail distribution of petroleum products, including octane gasoline (RON 95, RON 92, and bio-ethanol E5/E10), diesel fuels (DO 0.05S and DO 0.25S), kerosene, and heavy fuel oils (FO No. 2B and FO No. 3); liquefied petroleum gas (LPG) cylinder filling, bottling, and distribution; fabrication, mechanical processing, and surface treatment of metal containers, including steel oil drums, lubricant tins, and anti-corrosion coating for gas cylinders; commercial automotive maintenance, repair, and technical inspection services for motor vehicles; and commercial property leasing and facility management services. In recent developments, the company underwent a corporate restructuring transitioning to a direct Tier-1 subsidiary managed directly by parent group Petrolimex following a long-term financial asset consolidation. In addition, the firm has accelerated operational modernization through multi-phase capital expenditure programs focused on fleet renewal—deploying new high-capacity specialized tank trucks to expand transport volume—and integrating enterprise resource planning (ERP) software to optimize logistics dispatching and supply chain governance. Founded in 2000 through the equitization of the petroleum transport enterprise under Petrolimex Region II, Petrolimex Saigon Transportation and Service Joint Stock Company is headquartered in Ho Chi Minh City, Vietnam.