4th Floor, Petrovietnam Tower, 05 Le Duan Street - District 1 - HCMC
Tel.: (84-8) 39100108 - Fax: (84-8) 39100097 - Website: www.pgs.com.vn

FOR FURTHER DEVELOPMENT



MISSION
Developing PVGas South to become the leading company to trade LPG and CNG in
Southern Vietnam and expand market in Southeast Asia

VISION
Become a business enterprise trading LPG /CNG in the southern marketplace,
contributing to the overall development of the industry


Contents
LETTER TO SHAREHOLDERS
ENTERPRISE VALUE

CONNECTION OF INTERNAL FORCES

09 General information

44 Relevant companies

10 History of establishment and development

48 Distribution network

11 Major achievements

12 Industry sectors and business areas

EFFICIENCY MANAGEMENT

14 Main products
15 Business capacity

50 Activities of Board of Directors

18 Company’s position

52 Activities of Supervisory Board

20 Business model

54 Transactions, remuneration and other benefits of Board

21 Business capacity
25 Information of Executive Management Board

of Directors, Supervisory Board, Board of Managers
55 Information about shares and shareholders
57 Risk management

PROMOTION OF RESOURCES
28 Situation of production and business activities
30 Situation of investment and project
31 Financial situation
VALUE ENHANCEMENT
36 Report of Board of Directors

38 Report of Board of Managers

FOR FURTHER DEVELOPMENT
60 Development orientation
62 Plan in 2013
SHAREHOLDER VALUE AND
COMMUNITY BENEFITS
66 Investors’ relations
66 Social activities
SUCCESS ACHIEVEMENT
69 Audit Opinion
70 Consolidated financial statements


LIST OF ABBREVIATIONS
LPG: Liquefied petroleum gas (also known as Gas)
CNG: Compressed natural gas
CP: Contractual price that Aramco Company (Arab) announces at the beginning of each month
and applies to the month of delivery.
Dry gas: gas product obtained from natural gas or associated gas
PVN: Vietnam Oil and Gas Group
PVGas: PetroVietnam Gas Joint Stock Corporation
PVGas D: PetroVietnam Low Pressure Gas Joint Stock Company
PV Gas South: PetroVietnam Southern Gas Joint Stock Company
CNG Vietnam: CNG Vietnam Joint Stock Company
VT-Gas: Vietnam Liquefied Petroleum Gas Co. Ltd.
PVGas SaiGon: PetroVietnam Eastern Gas Co. Ltd.
PV Gas Cylinder: PVGas Cylinder J.S.C
AGM: Annual General Meeting
GAS: General Assembly of Shareholders

Staff: Officers – Employees - Workers


LETTER TO SHAREHOLDERS
Dear Shareholders and Investors,

Will
without
barriers...

In 2012, PetroVietnam Southern Gas Joint Stock Company (PV Gas South, stock code: PGS) has implemented tasks
of production and business activities in the context of difficult world economy and difficult country's economy.
Complicated world situation, political instability in the Middle East, the debt crisis in the euro zone has affected the
global economy. In Vietnam, during the first months of the year, the economy has seen many difficult situations
towards businesses such as inventory, low purchasing power, lack of capital, high interest rates, dissolution and
downsizing of many businesses.

Dr. Nguyen Si Thang Chairman of BOD of PV Gas South

In the overall context of more complex variation of the domestic and world economies, PetroVietnam Southern Gas
Joint Stock Company has encountered many internal difficulties such as: 1 /. In the first six months of 2012, stock
prices have shown a fluctuating trend, which is not favorable to trading both LPG and CNG. Sharp decrease in price
after significant increase in price, which occurred in 07/2012, caused low LPG consumption in the first six months
of 2012, at the same time in May and August 2012, Dung Quat Oil Refinery temporarily was shut down for maintenance, which affected seriously sources of PVGas South, leading to increasingly difficult operation on the market
2 /. By raising the price of dry gas from PVGas, dry gas which the Corporation sells to member units will have its
price increased gradually year after year, so that in 2015, the domestic price of dry gas will be equal to the world
price. In 2012, the input price of dry gas increased by an average of 28% compared to the same period last year,
from $ 6.55/MMBTU to $8.4 /MMBTU.T Meanwhile, the average selling price of CNG was only $14/MMBTU in the
first six months of 2012, relatively low compared to the same period last year which was $15.2/MMBTU, since LPG
price tended to decrease in beginning of the year (60% of output price of CNG was discounted based on LPG



price), not only CNG price but also LPG price suffered from dual effect. In the last 6 months of 2012, although CNG
price has increased while changes in LPG were more positive, the consumption of CNG in 2012 has encountered
difficulties due to declining demand of CNG from PVGas South's regular client group in manufacturing sector of
construction materials (tiles, steel and glass, chemicals, etc.). Large inventory from this client group caused less
consumption of CNG compared with previous years. These difficulties have made a significant impact on the business results of the Company's sectors.
In such conditions, after evaluating the results achieved in 2012, it can be said that PV Gas
South has attempted to complete the planned targets set by the AGM, namely:
Highlights in business activities and finance in 2012
Production of LPG consumption was

250,921 tons

Operating cash flow reached VND 362.94

billion

Production of CNG consumption reached

Investment on construction VND 79.81

Net revenue reached VND 6,441.71 billion

Dividend 12%

Profit before tax was VND 255.06 billion

EPS VND 3,981/share


116.8 million m

3

billion

In 2013, the economic - social situation is forecast to be difficult, market of LPG is still in fierce competition among
firms trading LPG. Management policy of the State on the LPG industry is not perfectly complete and lacks strict
control, so illegal LPG filling and license permission for business without planning still occur, leading to unfair
market of LPG. For operation of CNG, gas consumption in the industrial segment is expected to remain difficult due
to the economic downturn, customers using CNG gas decreased production due to large inventory hard to be
consumed while fuel prices soared continuously, so consumption of CNG gas fell sharply. Solution for the future is
1 /. Strengthen, focus on the LPG retail market under management of PVGas South, focus on opening direct retail
stores, reducing intermediaries selling LPG in order to increase business efficiency, maintain existing market 2 /.
Direct investment in developing market of CNG for industry and transportation, strive to reach 125 million m3 (65
million m3 from PV Gas South, CNG Vietnam from 60 million m3) in production in 2013, 3 /. Operate safely and
effectively and ensure the safety and security of the warehouse, current LPG, CNG stations of the Company.
With the advantage of experience, market, network of traditional customers with timely and effective support of
PVGas and sustainable development strategy, Board of Directors believes that PV Gas South will complete the
production and business plan in 2013 and subsequent years.
On behalf of Board of Directors, I would like to thank our shareholders and investors for trusting and supporting
PVGas South. I appreciate and acknowledge the collective efforts of PVGas South, member units and branches to
unite together, to overcome the difficult period with Board of Directors to develop PVGas South forward. We
commit to continue our best efforts for the sustainable development of PVGas South.

Best regards with success
Dr. Nguyen Si Thang
Chairman of BOD of PV Gas South



I. ENTERPRISE VALUE
General information
History of establishment and development
Major achievements
Sectors and business areas
Main products
Business capacity
Company’s position
Business model
Organization and personnel
Information of Executive Management Board


GENERAL INFORMATION
PETROVIETNAM SOUTHERN GAS JOINT STOCK COMPANY
(PVGas South)
PETROVIETNAM SOUTHERN GAS JOINT STOCK COMPANY
Head Offfice: 4th floor, PetroVietnam Tower,
1-5 Le Duan Street, Ben Nghe Ward, District 1
Tel: (84.8) 39100108
Fax: (84.8) 39100097
Website:
Business Registration Certificate: 0305097236
Charter Capital: VND 380.000.000.000
Stock Code: PGS
Date listed on Hastc: 15/11/2007

Head Office of the Company – PetroVietNam Tower

9



HISTORY OF ESTABLISHMENT AND DEVELOPMENT
▪ The establishment of the company
The predecessor of PetroVietnam Southern Gas Joint Stock Company is Gas Trading Southern Enterprise directly
under Gas Processing and Trading Company (PV Gas) established under Decision No. 389/QD-HDQT dated
28/03/2000 of Board of Directors of PetroVietnam Corporation (currently known as PetroVietnam).
On 12/04/2006, Board of Directors of PetroVietnam Corporation (PetroVietnam Group) signed Decision No.
825/QD-DKVN on the establishment of PetroVietnam Southern Gas Company (PVGas South) on the basis of the
Gas Trading Southern Enterprise directly under Gas Processing and Trading Company (PV Gas) and LPG Business
Division of Oil and Gas Trading Company (Petechim).

▪ Conversion to Joint Stock Company
On 30/06/2006, the Minister of Industry signed Decision No. 1697/QD-BCN on the equitization of PVGas South;
On 20/12/2006, the Minister of Industry signed Decision No. 3734/QD-BCN on approving the equitization plan and
changing PetroVietnam Southern Gas Company to PetroVietnam Southern Gas Joint Stock Company.
On 23/07/2007, PetroVietnam Southern Gas Joint Stock Company conducted the first annual general meeting.
After completing the legal formalities, PetroVietnam Southern Gas Joint Stock Company officially come into operation since 25/07/2007.

. Listing of shares on the Hanoi Stock Exchange (Hastc)
IImplementation of the Resolution of the General Assembly of Shareholders, Board of Directors has implemented
plan to list the Company's shares on the Hanoi Stock Exchange. With the support of PetroVietnam Securities Joint
Stock Company as consultant, the Company has completed the prospectus and other legal documents to list
shares on the stock exchange.
On 09/11/2007, Hanoi Securities Depository Center has made Decision No. 10/2007/GCNCP-TTLK agreeing on
centralizing shares of the company at the center.
On 09/11/2007, Hanoi Securities Trading Center issued Decision No. 10/GDN-TTGDHN on approval for the Company's shares listed on the Hanoi Stock Exchange.
On 15/11/2007, the Company's shares officially listed on Hanoi Stock Exchange with stock code PGS.

▪ Development and Sustainable Growth

Since equitization, business network of PV Gas South spread all the provinces from Da Nang to Ca Mau. Currently,
the Company's LPG production has reached 200,000 tons/year, CNG production has reached over 150 million m3 /
year and revenue has reached more than 4000 billion / year and will continue to grow rapidly in the near future.

10


MAJOR ACHIEVMENTS

Second-class Labor Medal, 2012

Unit with outstanding achievements, 2012


INDUSTRY SECTORS AND BUSINESS AREAS
▪ Industry sectors
* Trade LPG, CNG and petroleum products.
* Organize distribution system, transportation, bottled LPG business and supply equipment, chemicals in
the field of transport, storage, road and waterway transportation business.

* Design, construct and consult investments on projects of liquefied petroleum gas, industrial gas; technology transfer, business operators, maintenance of civil works related to liquefied petroleum gas.

* Provide services related to liquefied petroleum gas and gas products in the field of industrial sector,
civil sector and transportation.

* Import and export liquefied petroleum gas, equipment and vehicles for transport, storage, and bottled
LPG business.

* Trade petrol and oil, lubricant and related fuel.
* Trade fertilizer. Work on real estate, stevedoring services.



▪ Geographical areas of business

LPG filling station system

To achieve goals of market development, active
sources and satisfying customer demand, PVGas
South has been implementing the construction of
storage system, LPG filling stations in southern provinces. The LPG trading network of the company so far
has covered provinces from Da Nang to Ca Mau.
In particular, the market of Ho Chi Minh City and
South-eastern region remains the major market
accounting for about 50% of the Company's average
sale. With such a large market like Ho Chi Minh City,
the company has focused on building filling station
system to evenly distribute throughout south-western
region, South Central Coast, Southeast, and has
simultaneously built the head system of LPG distribution agency to periodically meet and exchange
policies to strengthen, promote and unify the price
index, and enhance distribution system and competitiveness.
CNG business activities of PVGas South with a total
design capacity of 180 million m3 of gas / year. In
particular, the parent company PV Gas South manages three CNG mother stations, namely, My Xuan A
(Ba Ria - Vung Tau), Hiep Phuoc (HCMC) and a compressed gas station Phu My I (Ba Ria - Vung Tau) of
Vietnam CNG Subsidiary. Both PVGas South and
Vietnam CNG focus on providing CNG for major industries such as steel, construction materials, brick,
ceramics ... in southern region with a distance of less
than 200 km to transport from the factory to the
reasonable consumption place. CNG compressed gas

distribution policy is very flexible, depending on the
characteristics and customer requirements on receiving, tank truck can move into areas of rough terrain.

Location of CNG mother stations


MAJOR PRODUCTS
Liquefied petroleum gas (LPG):

Gas container of 12 kg is mainly used for the
consumption of LPG in small scale such as daily
activities of household, small eateries, for small
businesses using gas fuel.

Gas container of 45 kg is mainly for consumption
in small scale but with much use such as in
restaurants, hotels, schools, collective kitchens,
factories with small or medium-scale production.

Compressed natural gas (CNG): Is compressed natural gas with the main component of CH4 - methane
(accounting for 85% - 95%) which is extracted from natural gas mines, oil (associated gas) mines or gas plant
(obtained in the process of production of the refinery), processed and compressed at high pressure (200 to
250 bar) for storage in special tank and transported to consumption places such as plants using thermal
energy and apartment buildings, etc.


BUSINESS CAPACITY
Since its switch to model of joint stock company, PVGas South has planned system of filling stations up
to year 2015 and has oriented development to year 2025. Currently PVGas South has 28 LPG filling
stations with a total capacity of 24,580 tons / month from Da Nang to Ca Mau, which has 13 stations

owned by PVGas South with a total capacity of 7,800 tons / month.
Together with business activities, PVGas South finished building wholesale warehouses in Can Tho with a
capacity of 1,200 tons, completed investment on Go Dau Warehouse with a capacity of up to 4,000 tons
in Dong Nai and contributed capital (14%) to establish a joint venture with Vinabenny Energy Joint Stock
Company to build cold storage containing LPG with a capacity of 80,000 tons at Long An Port (Southwest
Warehouse), which is expected to enter in operation in 2014, and is also the largest storage of LPG in
Vietnam.

System of wharves, storage of LPG and filling stations of PVGas
station South in southern provinces


List of storage depots and filling stations in PVGas South
No.
I.

Project
System of storage depots and wharves

Address

Gross
capacity (ton)

Can Tho Warehouse

Lot II.5, II.6, Tra Noc II Industrial Park,
Can Tho City

Go Dau Warehouse


Go Dau A Port, Phuoc Thai Village,
Long Thanh District, Dong Nai Province

4,000

Dong Nai Port, Long Binh Tan Ward,
Bien Hoa City, Dong Nai Province

1,000

Eastern Dung Quat Industrial Park,
Binh Thuan, Binh Son district, Quang Ngai Province

1,500

VT Gas Dong Nai Warehouse
Dung Quat Warehouse

1,200

Total
II.

7,700
Capacity
Tons/ Month

LPG filling stations
Lot D1/1, Road 1B, Vinh Loc Industrial Park,

Binh Hung Hoa B Ward Binh Tan District, HCMC

1,000

Highway 55, Thanh Binh, Dat Do Town,
Dat Do District, Ba Ria Vung Tau Province

500

Dong Xuyen Industrial Park, Ba Ria-Vung Tau

600

Lot II.5, II.6, Tra Noc II Industrial Park, Can Tho City

1,000

Tien Giang Station

TTan My Chanh Industrial Park, Ward 9, Tien Giang

350

Nha Trang Station

157 Xom Nui, Vinh Phuong Commune, Nha Trang City

450

Binh Dinh Station


Lot D6-01, Nhon Hoi Industrial Park (Zone A), Nhon Hoi
Special Economic Zone,Qui Nhon City, Binh Dinh Province

450

Vinh Loc Station
Ba Ria Station
Agas Station
Can Tho Station

Dang Phuoc Station

Lot 4, Tra Da Industrial Park,
Tra Da Commune, Pleiku City, Gia Lai Province

450

Binh Phuoc Station

Lot G, Road N4, North Dong Phu Industrial Park,
Tan Phu Town, Dong Phu District, Binh Phuoc Province

450

262 Nguyen Luong Bang, Hoa Thanh Commune, Tay Ninh

450

JP Gas Station


Km 11, Highway 14, Hoa Phu Commune,
Buon Ma Thuot City, Dak Lak

600

VT-Gas Dong Nai Station

Dong Nai Port, Long Binh Tan Ward, Bien Hoa, Dong Nai

1,100

VT-Gas Nha Trang Station

Road 4, Block K, Suoi Dau Industrial Park, Nha Trang

400

Dak Gas Station

Total

7,800

PVGas South has invested in CNG compressed gas filling station system to supply for transportation and
industry. This is a new and promising field. Current design capacity is 150 million m3 gas / year, of which the
parent company - My Xuan Industrial Park is 80 million m3 gas / year and CNG Vietnam Subsidiaries - Phu My
Industrial Park is 70 million m3 gas / year.



CNG Compressed gas supply line at PVGas South

System of CNG mother stations and sub-stations at PVGas South
Management unit

Project

Notes

I. CNG mother station
Parent company - PVGas
South

My Xuan CNG Station

Parent company - PVGas
South

Hiep Phuoc CNG Station

10

Vietnam CNG Joint Stock
Company

Phu My I Industrial Park
CNG Station

70


100

Completed and put into
operation in 2010.
Expected to be completed
and put into operation of
Phase 1 in 2011.
Completed and put into
operation in 2010 with an
initial capacity of 50 million
m3, which has now increased.

Total
II. CNG compressed gas station
Parent
South
Parent
South
Parent
South
Parent
South
Parent
South
Parent
South

company - PVGas
company - PVGas
company - PVGas

company - PVGas
company - PVGas
company - PVGas

CNG Station (gas filling stations
for buses) - Pho Quang
1 station at 449 Nguyen An Ninh,
Vung Tau
1 station at 654 Nguyen An Ninh,
Vung Tau
1 station in Tan Kien, Binh Chanh,
Ho Chi Minh City
1 station in An Suong, HCMC
1 station in Phu My, Vung Tau

Capacity
50 buses /
day
150 cars /
day
150 cars /
day
50 buses /
day
50 buses /
day
100 cars /
day

Completed and put into

operation in late 2009
Completed and put into
operation in late 2011
Completed by mid-2012
Completed and put into
operation in early 2012
Completed and put into
operation in late 2012
Completed and put into
operation in early 2012


Oth

Human Resources
Company's operational staff are trained through
vocational colleges specializing in oil and gas
industry, 100% operational workers are certified
for safe operation of technical equipment under
pressure.

Technology
In the course of business, the Company has always
focused on the quality of growth, ensure safety in
production and trading. The company has been
successfully applying quality management system
according to ISO 9001:2008 standard, safety management system according to OHSAS 18001:2007
standard and environment management system
according to ISO 14001, in particular the Company
has developed and introduced successfully corporate

operation system (COS) to contribute to building
corporate culture and saving costs in management.

Dominant position
In the context of market providing residential LPG
(LPG cylinders) and industrial LPG (LPG pipeline)
with a fierce competition among companies involved
in the market, with the participation of large fuel
companies in the world, PVGas South is still a
market leader among LPG businesses in the South,
with a stable market share maintained at 33%.
Thus, with the advantage of the source and its financial potential, if PetroVietnam Southern Gas Joint
Stock Company invests in wholesale storage depots
and ports and has good business strategy, the Company will have the opportunity to dominate the
market, become an enterprise with the largest
market share in the southern region.

et

R

Since its establishment, the Company has
identified strategic objectives to develop a
focal wholesale business of LPG in the Southern market, contributing to the overall development of the industry. In recent years, production and business activities of company
have grown constantly, which has made a
clear impact on the Southern market, building
brand reputation for PETROVIETNAM GAS.
Market of LPG is being divided by a number of
large enterprises to gain market share, which
PVGas South has a number of advantages:


ai

12

COMPANY’S POSITION

ers

lm

ark

ut
et s
h are of th e S o

n
hi

20


Brand
Over the years, the company has always focused on exploration and implementation of pricing policies,
distribution policies, reasonable customer policy in order to support the company’s business efficiency,
which also contributes to affirm the brand of PETROVIETNAM GAS as the leading position in Vietnam LPG
business.
In addition to Gas business, the company has also conducted the business of petroleum products, motor
oil, fertilizer and LPG accessories for living and industry, has installed warranty, maintenance of industrial

LPG systems, contributing to the diversification of production and business operations, increasing in
revenue for the company.

Distribution system
LPG sales network of the company so far has covered the southern provinces. Retail production of residential LPG range from 7,000 tons to 8,500 tons / month, of industrial LPG from 12,000 tons to 14,000
tons / month, which has confirmed the brand position of PetroVietnam Gas in the Southern market.
Market of cylinders in Ho Chi Minh City and Southeast remains the dominating market accounting for
about 50% of the Company's sale. With such a large market city like Ho Chi Minh City, the company has
focused on building filling station system evenly distributed throughout south-western region, South
Central Coast, Southeast, and has built the head system of LPG distribution agency to periodically meet
and exchange policies to strengthen, promote and unify the price index, and enhance distribution
system and competitiveness.

Support of the PetroVietnam National Group
and PetroVietnam Corporation
As a member of PetroVietnam National
Group, the Company receives support in
terms of expertise and participates in business projects as well as trade products of
member units of the Group. The company
has the opportunity to receive, process and
sell sources of LPG from the Dung Quat Oil
Refinery and other oil refineries to meet
market demand for LPG, increase initiative
in sources and domination in nationwide
business market of LPG.
Besides, the company is also guaranteed
sources of raw materials and other preferences on acquiring raw materials from oil
refineries, gas plants within the Group.
These advantages, along with the company's current significant market share
(40%) and strong distribution agency

network across the region will ensure that
the Company may increasingly expand
market and develop in a stable and sustainable way.


BUSINESS MODEL

CNG Vietnam

PetroVietnam

Vietnam Liquefied

Joint Stock Company

Petroleum

Gaseast

(CNG VietNam)

Gas Co. Ltd (VT-Gas)

Company limited

PetroVietnam
Gas Cylinder
Joint Stock Company

Currently, PV Gas South has subsidiaries, associates are as follows:

No.

Company Name

Type

Percentage
of share

Main function

1

Vietnam CNG Joint Stock Company

JSC

57.47%

Trading CNG

2

Vietnam Liquefied Petroleum Gas Company Ltd.

Ltd.

55%

Trading LPG


3

PetroVietnam Gaseast Company limited

Ltd.

100%

Trading LPG

4

PVGas Cylinder

JSC

20%

Producing and
trading containers

5

Vinabenny Energy Joint Stock Company

JSC

14%


Leasing LPG storage

In 2012, Vinabenny Energy Joint Stock Company increases its charter capital, thus, percentage of ownership
and voting rights of PV Gas South is 14% (23.84% in 2011). Therefore, investment in Vinabenny Energy Joint
Stock Company is considered as long-term investment rather than investments and affiliates as last year.


ORGANISATION
AND STAFF


ORGANIZATION AND PERSONNEL

GENERAL
SHAREHOLDER’S MEETING
SUPERVISORY
BOARD
BOARD OF DIRECTORS

BOABOARD OF MANAGERS

OPERATION

BRANCHES

MEMBER COMPANIES

Personel - Admin Dept

Dong Nai Branch


CNG Vietnam J.S.C

Accounting - Financial Dept

Can Tho Branch

Vietnam LPG Co., Ltd

Trading - Planning Dept

Tien Giang Branch

Satety - Investment
Technology Dept

Vinh Long Branch

DIVISION

PV Gas Sai Gon

Ca Mau Branch

Saigon Branch

Nha Trang Branch

Vung Tau Branch


Ninh Thuan Branch

Binh Phuoc Branch

Quang Ngai Branch

Tay Ninh Branch

Binh Dinh Branch

Dak Lak Branch

Gia Lai Branch

JOINT – VENTURES

PVGas Cylinder J.S.C


INFORMATION ON EXECUTIVE MANAGEMENT BOARD

INTRODUCITON OF
BOARD OF DIRECTORS
Mr. Nguyen Si Thang - Chairman of BOD
DOB: 1954
Qualification : Doctor of technical sciences
Specialized in oil and gas machinery and equipment.
Mr. Doan Van Nhuom - Member of BOD - CEO
DOB: 1963
Qualification : Geodetic Engineering


Mr. Ha Anh Tuan - Member of BOD - Deputy CEO
DOB: 1953
Qualification : Engineer of petroleum technology
Bachelor of Foreign Trade

Mr. Vu Quy Hieu - Member of BOD - Deputy CEO
DOB: 1977
Qualification : Bachelor of Economics
Master of Business Administration

Ms. Nguyen Minh Ngoc - Member of BOD
DOB: 1964
Qualification: Bachelor of Russian Literature / Bachelor
of economic management


INTRODUCTION OF
SUPERVISORY BOARD
Ms. Nguyen Thuc Quyen - Head of Supervisory Board
DOB: 1970
Qualification: Bachelor of Banking and Finance.

INTRODUCTION OF
MANAGEMENT BOARD & CHIEF ACCOUNTANT

Mr. Doan Van Nhuom - Member of BOD - CEO
DOB: 1963
Qualification: Geodetic Engineering
Mr. Vu Quy Hieu - Member of BOD - Deputy CEO

DOB: 1977
Qualification:
Bachelor of Economics Master of Business Administration

Mr. Vo Dinh Quang - Member of Supervisory Board
DOB: 1976
Qualification : Bachelor of Laws
Mr. Ngo An Hoa - Member of Supervisory Board
DOB: 1984
Qualification: Bachelor of Accounting and Auditing

Mr. Ha Anh Tuan - Member of BOD - Deputy CEO
DOB: 1953
Qualification: Engineer of petroleum technology
Bachelor of Foreign Trade
Mr. Tran Van Nghi - Deputy CEO
DOB: 1975
Qualification: Engineering Geophysics
Mr. Tran Thanh Nam - Deputy CEO
DOB: 1976
Qualification: Oil and gas drilling technology engineering
Mr. Nguyen Dang Trinh - Chief Accountant
DOB: 1982
Qualification: Bachelor of Banking and Finance.


POLICY FOR WORKERS

By education level
Education Level


Number
(people)

Proportion (%)

University, college or higher

364

41.60%

Secondary vocational schools

107

12.23%

Technical workers and other qualifications

404

46.17%

Total

875

100.00%


Number
(people)

Proportion (%)

By division of labor
Positionf labor
Leaders, managers

71

8.11%

Technical staff, professionals

347

39.66%

Employees

15

1.71%

Workers

442

50.51%


Total

875

100.00%