- CEO
- Long Hai Nguyen
- Full Time Employees
- 447
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Ha Noi Vietnam
- IPO Date
- Jan 7, 2009
- Business
- PetroVietnam LPG Joint Stock Company (HNX: PVG) is a Vietnam-based energy company primarily engaged in the distribution, wholesale, retail, and transportation of liquefied petroleum gas (LPG) and related gas products. Founded in 2000 and headquartered in Hanoi, Vietnam, the company operates as a key downstream distribution subsidiary of PetroVietnam Gas Joint Stock Corporation (PV GAS) under the state-owned Vietnam Oil and Gas Group (PetroVietnam). The company offers its energy solutions across multiple operating segments: Bottled LPG Distribution, providing residential, commercial, and hospitality-grade gas cylinders in standardized sizes (including 6 kg, 12 kg, 20 kg, and 45 kg cylinders) marketed under the unified PetroVietnam Gas brand; Bulk Industrial LPG Supply, delivering wholesale pressurized gas via dedicated tank truck fleets and direct pipeline systems to manufacturing facilities, metallurgy plants, ceramics and glass producers, textile mills, and food processing complexes; Alternative Clean Fuel Solutions, distributing Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) for high-efficiency industrial heating, power generation, and transportation fleets; Storage, Terminal, and Logistics Services, operating regional LPG coastal and inland storage terminals, high-capacity tank farms, and specialized hazardous material transport networks; and Technical and Engineering Services, offering design, procurement, installation, commissioning, maintenance, pressure vessel inspection, and cylinder safety re-qualification services for commercial and industrial gas supply systems. PetroVietnam LPG serves a comprehensive customer base encompassing millions of residential households, commercial businesses, and heavy industrial enterprises across Northern, Central, and Southern Vietnam.
In recent strategic and operational developments, PetroVietnam LPG has completed a comprehensive nationwide restructuring that consolidated regional distribution assets and streamlined sales channels under a single, unified PetroVietnam Gas corporate brand. To combat counterfeit cylinders and enhance supply chain efficiency, the company has deployed digital transformation initiatives, including mobile order management platforms and QR code-based traceability across its nationwide cylinder fleet. In line with the commercial commissioning of PV GAS's major LNG import infrastructure, PetroVietnam LPG has also expanded its clean-energy transition strategy, entering into supply partnerships with industrial park operators to deliver integrated satellite LNG and hybrid LPG-LNG fuel solutions designed to lower emissions and meet rising industrial demand for low-carbon energy.