Vietnam National Petroleum Group
VN:PLX
Vietnam National Petroleum Group
Accounts Payable
Vietnam National Petroleum Group
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
V
|
Vietnam National Petroleum Group
VN:PLX
|
Accounts Payable
â‚«25.2T
|
CAGR 3-Years
17%
|
CAGR 5-Years
13%
|
CAGR 10-Years
N/A
|
|
S
|
Southern Gas Trading JSC
VN:PGS
|
Accounts Payable
â‚«848.9B
|
CAGR 3-Years
-5%
|
CAGR 5-Years
6%
|
CAGR 10-Years
-4%
|
|
P
|
Petrolimex Gas Corp JSC
VN:PGC
|
Accounts Payable
â‚«722.8B
|
CAGR 3-Years
27%
|
CAGR 5-Years
24%
|
CAGR 10-Years
29%
|
|
P
|
Petrovietnam Transportation Corp
VN:PVT
|
Accounts Payable
â‚«872.6B
|
CAGR 3-Years
9%
|
CAGR 5-Years
8%
|
CAGR 10-Years
6%
|
|
P
|
Petrolimex Joint Stock Tanker Co
VN:PJT
|
Accounts Payable
â‚«46.6B
|
CAGR 3-Years
25%
|
CAGR 5-Years
6%
|
CAGR 10-Years
12%
|
|
I
|
International Gas Product Shipping JSC
VN:GSP
|
Accounts Payable
â‚«187.1B
|
CAGR 3-Years
6%
|
CAGR 5-Years
11%
|
CAGR 10-Years
14%
|
Vietnam National Petroleum Group
Glance View
In the bustling landscape of Vietnam's rapidly evolving economy, the Vietnam National Petroleum Group, commonly known as Petrolimex, stands as a formidable force in the energy sector. Established in 1956, Petrolimex has grown into the country’s largest distributor and retailer of petroleum products, with a network that stretches across urban centers and rural districts alike. At the heart of its operations lies a vertically integrated model that spans from importation and storage to wholesale and retail distribution. This comprehensive value chain allows Petrolimex to maintain control over its cost structures, ensuring competitive pricing and consistent supply across its vast network of service stations. The company's strategic focus on operational efficiency and expansive reach has been instrumental in maintaining its market leadership. Beyond traditional fuel sales, Petrolimex diversifies its revenue streams through various business segments including the sale of lubricants, chemicals, and gas. The company has also expanded into non-petroleum ventures such as insurance and banking, capitalizing on opportunities within Vietnam's booming economy. The firm's ability to adapt and innovate is complemented by its commitment to corporate social responsibility and sustainable development, reflecting a blend of traditional values and modern entrepreneurship. This strategic diversification not only buffers the company against the volatility of fuel markets but also positions it for sustained growth as Vietnam continues its path towards industrialization and increased energy consumption. As such, Petrolimex emerges as not merely a supplier of fuel, but as a pivotal component in the country's economic engine, fuelling both vehicles and ambitions alike.
See Also
What is Vietnam National Petroleum Group's Accounts Payable?
Accounts Payable
25.2T
VND
Based on the financial report for Dec 31, 2024, Vietnam National Petroleum Group's Accounts Payable amounts to 25.2T VND.
What is Vietnam National Petroleum Group's Accounts Payable growth rate?
Accounts Payable CAGR 5Y
13%
Over the last year, the Accounts Payable growth was 14%. The average annual Accounts Payable growth rates for Vietnam National Petroleum Group have been 17% over the past three years , 13% over the past five years .