PVOIL Continues to Rank Among Vietnam’s Top 25 Leading Brands

This marks the 10th consecutive year that Forbes Vietnam has published its list of the Top 25 Leading Publicly Listed Brands in the manufacturing and service sectors, recognizing the transformation of Vietnamese brands from long-standing market leaders to rising young enterprises expanding globally. The list was officially announced in the August 2025 issue of Forbes Vietnam magazine.

In this year’s ranking, PetroVietnam Oil Corporation (PVOIL) holds the 10th position out of 25, with a brand valuation of USD 132.3 million, representing a 26% increase compared to USD 105 million in 2024.

With a network of nearly 900 petroleum stations, PVOIL’s petroleum trading volume has continued to grow, reaching over 5.6 million cubic meters/tons per year, accounting for 23% of the national market share.

Over the years, PVOIL has led the way in digital transformation, applying modern technology to management and customer service. Notable initiatives include: PVOIL Easy – a digital fuel purchasing platform for corporate clients, E-invoice systems, ERP enterprise resource planning system, most recently, the launch of the PVOIL 4U mobile app in September 2024 has created an additional digital service channel for individual consumers, helping enhance customer experience and deepen brand engagement.

In alignment with global energy transition trends, PVOIL has taken proactive steps to adapt. To date, the Corporation has installed over 400 electric vehicle (EV) charging stations across its petroleum retail network. Starting in August 2025, PVOIL also began implementing green energy solutions by installing solar power systems at its retail stations to supply electricity for EV chargers. This initiative reinforces PVOIL’s commitment to sustainable energy transformation in Vietnam.

In 2024, PVOIL recorded consolidated revenue of VND 125 trillion, continuing to serve as one of the key revenue contributors within the Vietnam National Industry – Energy Group.