- CEO
- Bach Van Le
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Ho Chi Minh City Vietnam
- Business
- PV OIL LUBE Joint Stock Company is a Vietnam-based company engaged in the manufacturing, processing, and distribution of lubricants, greases, and specialty petrochemical products. The company operates primarily within the downstream petroleum and specialty chemicals industry, catering to automotive, commercial transportation, industrial manufacturing, and marine sectors. Its comprehensive product portfolio comprises automotive and motorcycle engine oils marketed under the VSPEED, VTECH, and VDMAX brand series; industrial lubricants, including hydraulic fluids under the PV Hydraulic and D_Lube Hydro lines; industrial gear oils and transmission fluids under the PV Gear and PV Transmission EP series; metalworking and cutting oils under the PV Cutting Oil and PV Cutting Oil HC brands; specialized fluids including air compressor oils, refrigeration oils, anti-rust oils under the PV Arust line, mold release oils under the PV Modding series, and textile machine lubricants under the PV Sewing Oil brand; marine engine lubricants under the PV Marine line; multi-purpose and high-temperature industrial greases; and value-added technical services including lubrication engineering consultancy, oil testing, and equipment fluid maintenance. PV OIL LUBE manufactures its products through dedicated production facilities, including the Binh Chieu Lubricant Production Factory and the Dong Hai Lubricant Production Factory, which maintain a combined annual production capacity of approximately 10,000 metric tons. The company distributes its products across northern, central, and southern Vietnam via direct industrial supply agreements, regional dealer channels, and the nationwide service station network of its parent organization, PetroVietnam Oil Corporation (PVOIL), a member of Vietnam Oil and Gas Group (PetroVietnam). Originally founded on June 20, 1991, as VIDAMO Lubricant Enterprise, the enterprise underwent equitization in 2009 and adopted its current corporate name in 2012 before listing on the UPCoM market under ticker symbol PVO in 2016. PV OIL LUBE Joint Stock Company is headquartered in Ho Chi Minh City, Vietnam. In recent operational developments, the company has concentrated on strengthening corporate governance and management alignment through updated capital representation appointments by parent company PVOIL, optimizing production line efficiencies at its blending plants, and deepening retail and commercial channel integration across the domestic petroleum distribution network.