The subject is a subsidiary of VIETNAM NATIONAL PETROLEUM GROUP, which is engaged in trading petrol, oil, gas, lubricant... Most of input goods of the subject are supplied by its parent company. Presently, it has 29 petrol stations in Dien Bien Province, and there are two one that prepares for operation, according to Ms. Nga – an accountant. The petrol consumption has went down domestically due to social distancing to curb the spread of COVID-19 since 01 Apr 2020. In addition, the retail price of petrol has sharply decreased since the end of Mar 2020, while kinds of expenses, including transportation and selling expenses are still kept intact; it leads to a reduction of profit of the subject.
Headquarters
No. 89, Group 21, Him Lam Ward
Dien Bien; North Western Vietnam;
Postal Code: 32000
Contact Details: Purchase the Petrolimex Dienbien Co., Ltd report to view the information.
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