PVOIL Laos and PVOIL Laos Trading have new chairman of Board of Management

On June 30, 2023, the Board of Management of PetroVietnam Oil Corporation (PVOIL) held a ceremony to appoint new Chairman of the Board of Management of PVOIL Laos and PVOIL Laos Trading.

The Announcement Ceremony were attended by Mr. Cao Hoai Duong, Secretary of the Party Committee, Chairman of the Board of Management of the Corporation and PVOIL President & CEO Doan Van Nhuom, who is also Deputy Secretary of the Party Committee of the Corporation; members of the Standing Committee of the Party Committee, the Board of Management, the Board of General Directors of the Corporation; representatives of specialized committees of the Corporation; together with grandparents in the Board of Directors and all key staff of PVOIL Laos and PVOIL Laos Trading.

Accordingly, PVOIL assigned Mr. Vo Khanh Hung, Deputy General Director of the Corporation to concurrently hold the position of Chairman of the Board of Management of PVOIL Laos and Domestic Petroleum Trading One Member Company Limited. PVOIL Laos. Mr. Nguyen Anh Toan, Deputy General Director of PVOIL retired from July 1, 2023. He resigned from the position of Chairman of the Board of Management of PVOIL Laos and PVOIL Laos Trading.

Speaking at the ceremony, Mr. Cao Hoai Duong sincerely acknowledged and thanked Mr. Nguyen Anh Toan for his contributions after nearly 30 years of working at Petrovietnam and at PVOIL.

As Deputy General Director of the Corporation, including more than 5 years working as the Chairman of the Board of management of PVOIL Laos and PVOIL Laos Trading, Mr. Nguyen Anh Toan has well promoted his personal and roles and together with employees overcoming the difficult and challenging periods to achieve positive results in the past 2 years.

Whether in favorable or difficult business conditions, PVOIL Laos and PVOIL Laos Trading have always been symbols of successful and exemplary Vietnamese enterprises in Laos. In particular, the remarkable point is that PVOIL Laos and PVOIL Laos Trading have built a collective of Vietnamese and Laotian employees who are always united and attached to the company's business goals and diplomatic relations. friendship of two countries.

Mr. Cao Hoai Duong assessed Mr. Vo Khanh Hung as a leader with extensive experience in business operations, especially international business. This similarity of Mr. Vo Khanh Hung and Mr. Nguyen Anh Toan will be a favorable condition for PVOIL Laos and PVOIL Laos Trading to continue to maintain and develop business activities in the future. At the same time, it is the basis for Mr. Vo Khanh Hung to complete the assigned tasks.

Taking on the role of Chairman of the Board of Directors, Mr. Vo Khanh Hung pledged to continue to maintain and develop the solidarity, attachment, and spirit of overcoming difficulties of the collective PVOIL Laos and PVOIL Laos Trading in order to accomplish the goals, business tasks under the direction and direction of the Board of Management of the Corporation.

At the same time, Mr. Vo Khanh Hung wishes to receive the consensus and support of the Board of Management and employees of the 2 companies to successfully complete the business tasks in the way ahead.

At the ceremony, Mr. Nguyen Anh Toan expressed his joy when the Corporation's Board of Management assigned Mr. Vo Khanh Hung to concurrently hold the position of Chairman of the Board of Directors of PVOIL Laos and PVOIL Laos Trading.

Mr. Nguyen Anh Toan believes that, with existing foundations such as solidarity and working spirit of the workers' collective; competitive advantage of Petrovietnam brand; stable source of imported goods; The capacity and business relationship of Petrovietnam Oil Corporation and Mr. Vo Khanh Hung personally will help PVOIL Laos and PVOIL Laos Trading continue to fulfill their business and development tasks in the coming time.

Mr. Cao Hoai Duong, Secretary of the Party Committee, Chairman of the Board of Management of PVOIL (right) and PVOIL President & CEO Doan Van Nhuom (left) present the Decision and present flowers to congratulate Mr. Vo Khanh Hung concurrently holding the position of Chairman of PVOIL Laos and PVOIL Laos Trading.

Mr. Cao Hoai Duong, Secretary of the Party Committee, Chairman of the Board of Management of PVOIL (right) and PVOIL President & CEO Doan Van Nhuom (left) give flowers to thank Mr. Nguyen Anh Toan for retiring from the position of Chairman of PVOIL Laos and PVOIL Laos Trading.

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