VIET PETROLEUM GROUP (VPG)

Viet Petroleum Group Company (referred to as Viet Petro) is a company trading raw materials, energy oil and gas products, minerals, commodities, especially bitumen, established by a team of experts. experience with the goal of serving domestic and international market needs.

Viet Petro was born with the vision of creating different value in the market. We always strive to be special and different in real ways that really matter to our stakeholders by exploring potentials and propelling the future.  Over the years, we have expanded our services and diversified into the areas of exploration, mining, mine services, raw materials, minerals and trading commodities. After years of growth and development, we have firmly positioned ourselves as the leading private Oil and Gas Companies in Vietnam.

With cooperative relationships with many countries around the world, we have advantages in international and domestic trade in many fields. Vietnam is becoming the new  center for trading, legal, finance, research and technology and other business functions. At Viet Petro, we always promote our capacity to integrate into the international economy in the most effective way.

We import high quality products with certificates of origin and international brands. We distribute good quality products at competitive prices to build a sustainable energy future. We export commodities from premium brands to bring Vietnamese products to international markets.

VIETNAM IN ASEAN

The Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organization comprising ten countries in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration among its members and other countries in Asia. It also regularly engages other countries in the Asia-Pacific region and beyond. A major partner of Shanghai Cooperation Organization, ASEAN maintains a global network of alliances and dialogue partners and is considered by many as a global powerhouse, the central union for cooperation in Asia-Pacific, and a prominent and influential organization. It is involved in numerous international affairs, and hosts diplomatic missions throughout the world.

VIETNAM PETROLEUM MARKET

Vietnam is the 21st largest export economy in the world and the 83rd most complex economy according to the Economic Complexity Index (ECI). In 2017, Vietnam exported $220B and imported $204B, resulting in a positive trade balance of $15.7B. In 2017 the GDP of Vietnam was $223B and its GDP per capita was $6.78k.

The top exports of Vietnam are Broadcasting Equipment ($30.7B), Telephones ($14.9B), Integrated Circuits ($14.6B), Textile Footwear ($9.5B) and Leather Footwear ($6.06B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Integrated Circuits ($15.6B), Telephones ($10.2B), Refined Petroleum ($7.23B), Electrical Parts ($4.69B) and Light Rubberized Knitted Fabric ($4.51B).

The top export destinations of Vietnam are the United States ($46.2B), China ($39.9B), Japan ($18.1B), South Korea ($16.1B) and Germany ($10.9B). The top import origins are China ($70.6B), South Korea ($47.7B), Japan ($13.1B), Singapore ($11.8B) and Hong Kong ($10.1B).

In 2017 Vietnam imported $204B, making it the 21st largest importer in the world. During the last five years the imports of Vietnam have increased at an annualized rate of 14.4%, from $102B in 2012 to $204B in 2017. The most recent imports are led by Integrated Circuits which represent 7.65% of the total imports of Vietnam, followed by Telephones, which account for 5.01%.

The top import origins of Vietnam are China ($70.6B), South Korea ($47.7B), Japan ($13.1B), Singapore ($11.8B) and Hong Kong ($10.1B).

Vietnam borders China, Cambodia and Laos by land and Indonesia, Malaysia, the Philippines and Thailand by sea

FILED OF OPERATIONS

TRADING PETROLEUM PRODUCTS
PETROLEUM STORAGE SERVICE
GENERAL WAREHOUSE SERVICE