Leadership
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Solid corporate governance is the foundation that affirms Petrolimex's vision, helping the Group maintain position, enhancing competitiveness and developing sustainably.
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Mr. Pham Van Thanh
General Director
Mr. Luu Van Tuyen
Deputy General Director
Mr. Tran Ngoc Nam
Non-executive members
Mr. Tran Tuan Linh
Non-executive members
Mr. Nguyen Anh Dung
Mr. Dinh Thai Huong
Luu Van Tuyen
Tran Ngoc Nam
Nguyen Dinh Duong
Nguyen Quang Dung
Nguyen Van Su
Nguyen Xuan Hung
Nguyen Si Cuong
Nguyen Ngoc Tu
Nguyen Ba Tung
| No | Board of Directors Member | Title | Number of shares held |
Percentage of voting share |
Number of shares owned by related persons |
Legal violation | Conflicting interests with Petrolimex | Related benefits for Petrolimex |
|---|---|---|---|---|---|---|---|---|
| 01 | Mr. PHAM VAN THANH | Chairman of the Board of Directors in full charge |
420,390,124 | 32.49% | 0 | None | None | None |
| 02 | Mr. LUU VAN TUYEN | Executive member of the Board of Directors (General Director) |
93,549,417 | 7.23% | 0 | None | None | None |
| 03 | Mr. TRAN TUAN LINH | Non-executive members of the Board of Directors | 93,549,417 | 7.23% | 0 | None | MPme | MPme |
| 04 | Mr. TRAN NGOC NAM | Executive member of the Board of Directors (Deputy General Director in charge) |
93,549,417 5,000 | 7.23% 0.00039% | 0 | None | None | None |
| 05 | Mr. NGUYEN ANH DUNG | Non-executive members of the Board of Directors |
11,100 | 0.00086% | 0 | None | None | None |
| 06 | Mr. ENDO TSUYOSHI | Non-executive members of the Board of Directors |
169,228,476 | 13.08% | 0 | None | None | None |
| 08 | Mr. DINH THAI HUONG | Independent member of the Board of Directors |
32,800 | 0.0025% | 0 | None | None | None |
Mr. PHAM VAN THANH
-
Title
Chairman of the Board of
Directors in full charge -
Number of shares held
420,390,124
-
Percentage of voting share
32.49%
-
Number of shares owned
by related persons0
-
Legal violation
None
-
Conflicting interests with
PetrolimexNone
-
Related benefits for
PetrolimexNone
Mr. LUU VAN TUYEN
-
Title
Executive member of the
Board of Directors (General Director) -
Number of shares held
93,549,417
-
Percentage of voting share
7.23%
-
Number of shares owned
by related persons0
-
Legal violation
None
-
Conflicting interests with
PetrolimexNone
-
Related benefits for
PetrolimexNone
Mr. TRAN TUAN LINH
-
Title
Non-executive members of
the Board of Directors -
Number of shares held
93,549,417
-
Percentage of voting share
7.23%
-
Number of shares owned
by related persons0
-
Legal violation
None
-
Conflicting interests with
PetrolimexNone
-
Related benefits for
PetrolimexNone
Mr. TRAN NGOC NAM
-
Title
Executive member of the Board of Directors
(Deputy General Director in charge) -
Number of shares held
93,549,417 5.000
-
Percentage of voting share
7,23% 0,00039%
-
Number of shares owned
by related persons0
-
Legal violation
None
-
Conflicting interests with
PetrolimexNone
-
Related benefits for
PetrolimexNone
Mr. NGUYEN ANH DUNG
-
Title
Non-executive members of
the Board of Directors -
Number of shares held
11,100
-
Percentage of voting share
0.00086%
-
Number of shares owned
by related persons0
-
Legal violation
None
-
Conflicting interests with
PetrolimexNone
-
Related benefits for
PetrolimexNone
Mr. ENDO TSUYOSHI
-
Title
Non-executive members of
the Board of Directors -
Number of shares held
169,228,476
-
Percentage of voting share
13.08%
-
Number of shares owned
by related persons0
-
Legal violation
None
-
Conflicting interests with
PetrolimexNone
-
Related benefits for
PetrolimexNone
Mr. DINH THAI HUONG
-
Title
Independent member of
the Board of Directors -
Number of shares held
32,800
-
Percentage of voting share
0.0025%
-
Number of shares owned
by related persons0
-
Legal violation
None
-
Conflicting interests with
PetrolimexNone
-
Related benefits for
PetrolimexNone
- REPRESENTATIVE OF STATE-OWNED
- INDIVIDUAL
- REPRESENTATIVE OF STRATEGIC SHAREHOLDER CAPITAL
| No. | Full name | Title | Unrestricted shares (*) | Ownership percentage (*) | Legal violation | Conflict of interest | Related benefits |
|---|---|---|---|---|---|---|---|
| 01 | Luu Van Tuyen | General Director | - | - | None | None | None |
| 02 | Tran Ngoc Nam | Member of Board of Directors, Deputy General Director |
5,000 | 0.00039% | None | None | None |
| 03 | Nguyen Van Su | Deputy General Director | - | - | None | None | None |
| 04 | Nguyen Quang Dung | Deputy General Director | 8,100 | 0.00063% | None | None | None |
| 05 | Nguyen Xuan Hung | Deputy General Director | 6,000 | 0.00046% | None | None | None |
| 076 | Nguyen Sy Cuong | Deputy General Director | - | - | None | None | None |
| 07 | Nguyen Ngoc Tu | Deputy General Director | 2,350 | 0.00018% | None | None | None |
| 08 | Nguyen Dinh Duong | Deputy General Director | - | - | None | None | None |
Luu Van Tuyen
-
Title
General Director
-
Unrestricted shares (*)
-
-
Ownership Percentage (*)
-
-
Legal vilolations
None
-
Conflict of interest
None
-
Related benefits
None
Tran Ngoc Nam
-
Title
Member of the Board of Directors,
Deputy General Director -
Unrestricted shares (*)
5,000
-
OWNERSHIP PERCENTAGE (*)
0.00039%
-
Legal vilolation
None
-
CONFLICT OF INTEREST
None
-
RELATED BENEFITS
None
Nguyen Van Su
-
Title
Deputy General Director
-
UNRESTRICTED SHARES (*)
-
-
POWNERSHIP PERCENTAGE (*)
-
-
Legal vilolation
None
-
CONFLICT OF INTEREST
None
-
RELATED BENEFITS
None
Nguyen Quang Dung
-
Title
Deputy General Director
-
UNRESTRICTED SHARES (*)d
8,100
-
OWNERSHIP PERCENTAGE (*)
0.00063%
-
Legal vilolation
None
-
CONFLICT OF INTEREST
None
-
RELATED BENEFITS
None
Nguyen Xuan Hung
-
Title
Deputy General Director
-
UNRESTRICTED SHARES (*)
6,000
-
OWNERSHIP PERCENTAGE (*)
0.00046%
-
Legal vilolation
None
-
CONFLICT OF INTEREST
None
-
RELATED BENEFITS
None
Nguyen Sy Cuong
-
Title
Deputy General Director
-
UNRESTRICTED SHARES (*)
-
-
OWNERSHIP PERCENTAGE (*)
-
-
Legal vilolation
None
-
CONFLICT OF INTEREST
None
-
RELATED BENEFITS
None
Nguyen Ngoc Tu
-
Title
Deputy General Director
-
UNRESTRICTED SHARES (*)
2.350
-
OWNERSHIP PERCENTAGE (*)
0,00018%
-
Legal vilolation
None
-
CONFLICT OF INTEREST
None
-
RELATED BENEFITS
None
Nguyen Dinh Duong
-
Title
Deputy General Director
-
UNRESTRICTED SHARES (*)
-
-
OWNERSHIP PERCENTAGE (*)
-
-
Legal vilolation
None
-
CONFLICT OF INTEREST
None
-
RELATED BENEFITS
None
| No | Full name | Position | Number of shares held as of 31st December 2024 (shares) |
Number of shares owned by related individuals as of 31st December 2024 (shares) |
Conflicting interests with the Group |
Related Benefitsb for the Group |
Starting/ Ending date (Being a member of Supervisory Board) |
|---|---|---|---|---|---|---|---|
| 01 | Dang Quang Tuan | Head of the Supervisory Board | 0 | 18,800 | None | None | 26th June 2020 |
| 02 | Dinh Thi Kieu Trang | Supervisor | 0 | 0 | None | None | 29th March 2022 |
| 03 | Hoàng Mai Ninh | Supervisor | 6,820 | 12,900 | None | None | 27th April 2018 |
| 04 | Okuma Atsushi | Supervisor | 0 | 169,228,476 | None | None | 26th April 2024 |
| 05 | Mai Viet Dung | Supervisor | - | - | None | None | 26th April 2024 |
| 06 | Kuroda Norimasa | Supervisor | 0 | 169,228,476 | None | None | Resigned from the position of Supervisor from 26th April 2024 |
Dang Quang Tuan
-
Position
Head of the Supervisory Board
-
Number of shares held as of 31st December 2024 (shares)
0
-
Number of shares owned by related individuals as of 31st December 2024 (shares)
18,800
-
Conflicting interests with the Group
None
-
Related Benefits for the Group
None
-
Starting/Ending date (Being a member of Supervisory Board)
26th June 2020
Dinh Thi Kieu Trang
-
Position
Supervisor
-
Number of shares held as of 31st December 2024 (shares)
0
-
Number of shares owned by related individuals as of 31st December 2024 (shares)
0
-
Conflicting interests with the Group
None
-
Related Benefits for the Group
None
-
Starting/Ending date (Being a member of Supervisory Board)
29th March 2022
Hoàng Mai Ninh
-
Position
Supervisor
-
Number of shares held as of 31st December 2024 (shares)
6,820
-
Number of shares owned by related individuals as of 31st December 2024 (shares)
12,900
-
Conflicting interests with the Group
None
-
Related Benefits for the Group
None
-
Starting/Ending date (Being a member of Supervisory Board)
27th April 2018
Okuma Atsushi
-
Position
Supervisor
-
Number of shares held as of 31st December 2024 (shares)
0
-
Number of shares owned by related individuals as of 31st December 2024 (shares)
169,228,476
-
Conflicting interests with the Group
None
-
Related Benefits for the Group
None
-
Starting/Ending date (Being a member of Supervisory Board)
26th April 2024
Mai Viet Dung
-
Position
Supervisor
-
Number of shares held as of 31st December 2024 (shares)
-
-
Number of shares owned by related individuals as of 31st December 2024 (shares)
-
-
Conflicting interests with the Group
None
-
Related Benefits for the Group
None
-
Starting/Ending date (Being a member of Supervisory Board)
26th April 2024
Kuroda Norimasa
-
Position
Supervisor
-
Number of shares held as of 31st December 2024 (shares)
0
-
Number of shares owned by related individuals as of 31st December 2024 (shares)
169,228,476
-
Conflicting interests with the Group
None
-
Related Benefits for the Group
None
-
Starting/Ending date (Being a member of Supervisory Board)
Resigned from the position of Supervisor from 26th April 2024
Shareholder
structure
Shareholder
structure
Domestic ownership
Insiders and related persons of Insiders
Commission for the Management of State Capital at Enterprises
Vietnam National Petroleum Group
Trade Union
Other domestic individuals and institutions
ENEOS Vietnam Company Limited
Other foreign individuals and institutions
Domestic ownership
Foreign ownership
The implementation of ASEAN scorecard and principles of corporate governance
In 2024, Petrolimex strictly complied with all applicable laws and regulations on corporate governance and listed company operations. Concurrently, the Company remained committed to enhancing its governance quality in accordance with international best practices, with close alignment to the OECD Principles of Corporate Governance, the ASEAN Corporate Governance Scorecard, and the Corporate Governance Code of Best practices 2019.
12Principles
KEY RISKS AND PREVENTIVE MEASURES
Inventory risk and oil price risk
As our core business relies heavily on petroleum products, Petrolimex is significantly affected by fluctuations in supply and pricing. In 2024, to address these challenges, the company proactively developed plans, diversified suppliers, controlled inventory, and prepared contingency scenarios for natural disasters—ensuring continuous supply, especially during Typhoon Yagi.
Impact High
Risks of fire safety, environmental safety and occupational health
Due to the highly flammable nature of our products, Petrolimex prioritizes fire safety, environmental protection, and occupational health and safety. The Group has issued comprehensive technical procedures and safety regulations, conducts regular and ad-hoc inspections, and organizes emergency response drills to enhance risk prevention and management across the entire system.
Impact Medium
