Hai Phong Petrolimex Transportation And Services

What Hai Phong Petrolimex Transportation And Services does

Hai Phong Petrolimex Transportation and Services Joint Stock Company (PTS Haiphong, HNX: PTS) is a state-affiliated petroleum logistics and trading company headquartered in Hai Phong, Vietnam, founded in 2000 and operating as a member company of Petrolimex (Vietnam National Petroleum Group), which commands approximately 50% of Vietnam's domestic fuel market. The company runs an integrated, multi-service petroleum platform spanning five business lines: bulk fuel transportation via owned road tanker trucks and inland-waterway oil tankers (referenced as vessels PTS01 through PTS25 and beyond), wholesale and retail petroleum trading through Petrolimex-branded gas stations in the Hai Phong region, marine bunker-fuel supply to vessels calling at port, ship repair and newbuilding (including a 560-ton oil tanker newbuild tender disclosed in 2022), and ancillary real estate operations tied to fuel-station properties. Its core technology is conventional fuel-transport and petroleum-distribution operations leveraging physical assets (vessels, trucks, storage warehouses, retail forecourts); there is no proprietary software platform or AI capability disclosed.

The business model is transaction-fee-based across all five revenue streams, with fuel retail pricing disclosed publicly via Petrolimex's regional price zones (Vùng 1 and Vùng 2) and transportation/ship-service pricing not publicly listed. Customer segments are horizontal: industrial and commercial fuel consumers (primary), retail fuel consumers via Petrolimex stations, and the maritime/shipping sector requiring bunker supply at Nam Do Sen port. Distribution is entirely single-country/domestic across northern Vietnam, and customer relationships are intermediated heavily through the parent Petrolimex ecosystem. Marketing and investor communications are conducted via the PTS Haiphong investor relations website, HNX/VSEC regulatory disclosures, and cross-listing on the Petrolimex group brand network.

Financially, reported revenue declined from approximately 18.83 trillion VND in FY2022 to 14.01 trillion VND in FY2025 (-26% over three years), while net income recovered sharply from 15.6 billion VND in FY2023 to 411.7 billion VND in FY2025, and EBITDA remained positive throughout (1.66 trillion VND in 2025). The FY2021 dividend payout was 800 VND per share (8% per share), paid June 28, 2022. The company is undergoing active structural change — a 16th business registration amendment was filed April 1, 2026, and in September 2025 PTS Haiphong aligned its systems with Petrolimex's broader member-company reorganization plan.

Name

Hai Phong Petrolimex Transportation And Services

Legal name

Công ty CP Vận tải & Dịch vụ Petrolimex Hải Phòng

Website

https://ptshaiphong.petrolimex.com.vn

Company type

Public

Founded year

2000

Operating status

Operating

Short description

PTS Haiphong (HNX: PTS) is a state-affiliated petroleum logistics and trading company operating in Hai Phong, Vietnam, as a member of Petrolimex Group. It provides fuel transportation via tankers and trucks, retail petroleum sales at Petrolimex-branded stations, marine bunker supply, ship repair and newbuilding, and ancillary real estate services across northern Vietnam.

Ownership category

akta.pro rank

Product category

Petroleum logistics services

NAICS

Petroleum Bulk Stations and Terminals (424710), Petroleum Bulk Stations and Terminals (42471)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Deep Sea Foreign Transportation Of Freight (4412)

akta.pro primary industry

Crude Oil Tanker Shipping (EUALADAG)

Keywords

• Petroleum transportation
• Fuel distribution
• Marine bunker supply
• Ship repair services
• Gas station retail

Headquarters

HQ city

Hai Phong

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain

Revenue model

1. Fuel Transportation (Vận tải xăng dầu): Transportation of petroleum products via owned tanker vessels and vehicles across inland waterways and roads in the Hai Phong region.
2. Petroleum Trading (Kinh doanh xăng dầu): Wholesale and retail sale of petroleum fuels through owned and operated gas stations (cửa hàng xăng dầu) under the Petrolimex brand network.
3. Ship Repair and Newbuilding (Kinh doanh sửa chữa và đóng mới tàu thủy): Repair, maintenance, and construction of vessels, including newbuilding of oil tanker ships (e.g., 560-ton oil tanker newbuild tender in 2022).
4. Real Estate (Kinh doanh bất động sản): Commercial real estate operations associated with fuel station properties and related facilities.
5. Bunker Fuel Supply (Cung cấp nhiên liệu cho tàu): Supply of fuel/bunker to vessels at port.

Distribution channels3 records

Marketing channels3 records

Core offering

Petroleum logistics and trading company operating under the Petrolimex Group. Transports petroleum products by owned inland waterway tanker vessels and road tankers, wholesale and retail sale of petroleum fuels through Petrolimex-branded gas stations, repair and newbuilding of oil tanker vessels, marine bunker fuel supply to vessels at Hai Phong port, and ancillary real estate operations linked to fuel station properties.

Product overview

Hai Phong Petrolimex Transportation And Services is a petroleum logistics and trading company operating under the Petrolimex group. The company offers an integrated portfolio of services: fuel transportation via road tankers and waterway vessels (Vận tải xăng dầu), fuel trading through a network of gas stations (Kinh doanh xăng dầu), ship repair and new ship construction (Kinh doanh sửa chữa và đóng mới tàu thủy), bunkering/fuel supply for ships at ports (Cung cấp nhiên liệu cho tàu), and real estate operations (Kinh doanh bất động sản). The company also manages fuel storage warehouses across the Hai Phong region. The business model is a multi-service petroleum distribution and logistics platform rather than a single software product.

Differentiator

Problem solved

Functional benefit

Products and services

• Fuel Transportation (Vận tải xăng dầu) Transportation of petroleum products by road tankers and inland waterway vessels for industrial, commercial, and bulk fuel customers in the Hai Phong and northern Vietnam region.
• Fuel Trading (Kinh doanh xăng dầu) Wholesale and retail trading of petroleum fuels through Petrolimex-branded gas stations (cửa hàng xăng dầu) serving individual vehicle owners, motorcycle users, and small businesses in Hai Phong.
• Ship Repair and Newbuilding (Kinh doanh sửa chữa và đóng mới tàu thủy) Repair, maintenance, and newbuilding of vessels, including oil tanker ships (e.g., 560-ton oil tanker newbuild tender in 2022), serving the maritime petroleum transport sector.
• Bunker Fuel Supply for Ships (Cung cấp nhiên liệu cho tàu) Supply of marine bunker fuel to ships and vessels calling at Hai Phong port facilities.
• Real Estate Operations (Kinh doanh bất động sản) Commercial real estate operations associated with fuel station properties and related facilities in the Hai Phong region.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Petrolimex (Tập đoàn Xăng dầu Việt Nam / Vietnam National Petroleum Group)coreStrategic or Co-development PartnerPTS Haiphong is a member company (thành viên) of the Petrolimex Group — Vietnam's largest petroleum and fuel distribution enterprise, commanding approximately 50% of Vietnam's domestic fuel market. The company operates under the Petrolimex brand umbrella and leverages the group's nationwide distribution network, brand, and operational standards. As a subsidiary of the state-owned Petrolimex group, it benefits from the parent's logistics infrastructure, supply chain, and regulatory standing within Vietnam's petroleum sector.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Regional players

• Thanh Nien Petroleum: Smaller Vietnamese petroleum trading and logistics company operating in the same general market. Comparable business model — fuel transportation and gas station retail — but at smaller scale and typically independent of state-affiliated groups.
• Mien Dong Petroleum JSC: Regional Petrolimex member company in southern Vietnam operating gas stations and petroleum distribution. Same Petrolimex group structure, similar revenue model, but different geography — useful for benchmarking PTS's operational performance against peers in other Vietnamese regions.
• BOT International (Vietnam bunker competitor): Independent bunker fuel suppliers operating at Vietnamese ports including Hai Phong. Direct competitor in the marine bunkering segment where PTS operates, though typically smaller and without PTS's integrated group backing.

Emerging players

• Vinashin (now part of SBIC): Vietnamese shipbuilding and ship repair group under state ownership. Comparable for PTS's ship repair and newbuilding segment, though Vinashin's broader portfolio extends to commercial and naval vessels beyond petroleum tankers.

Direct peers

• PVTrans (PetroVietnam Transportation Corporation): Vietnam's largest petroleum tanker operator under state-owned PVN group. Directly comparable as a state-affiliated marine petroleum transportation specialist with similar vessel fleet, Vietnamese coastal/inland waterway operations, and parent-group ecosystem dynamics.
• Vinatrans (Vinafco): Vietnamese freight and logistics company with petroleum/fuel transportation services as part of its portfolio. Comparable as a Vietnamese petroleum and bulk logistics operator serving industrial and commercial customers via road tanker and inland waterway modes.
• Saigon Petroleum JSC (SFC): Another Petrolimex member company offering fuel transportation and trading in southern Vietnam. Closely comparable in business model — Petrolimex-branded gas stations, tanker fleet, petroleum logistics — but operates in the Ho Chi Minh City/southern region rather than Hai Phong/northern Vietnam.
• Petrolimex Tanker Corporation: Specialized tanker subsidiary within the Petrolimex group focused on marine petroleum transportation. Direct peer in vessel operations, fleet management, and fuel shipping; PTS itself receives capital representation from this entity.

Broad incumbents

• Petrolimex (Vietnam National Petroleum Group - Parent): The parent group that owns ~50% of Vietnam's fuel market and operates overlapping businesses including petroleum transport, retail stations, and bunkering. PTS is a subsidiary but functionally operates in the same downstream petroleum logistics and trading space.
• PVOIL (Vietnam Oil Corporation): Major state-owned petroleum company under PVN. Overlaps in petroleum trading, retail gas stations, and bunker fuel supply across Vietnam, but is larger and more vertically integrated upstream into refining, while PTS focuses on downstream logistics and distribution.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/petrolimex-joint-stock-insurance-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hai Phong Petrolimex Transportation And Services