Petrolimex sets up a subsidiary company in Singapore
VGP – Việt Nam National Petroleum Corporation (Petrolimex) officially inaugurated its single-member liability-limited company Petrolimex Singapore on November 16, marking an important leap forward of Petrolimex in overseas operations.
Petrolimex
With
its Singapore-based affiliated company, Petrolimex expects to easily get access
to regional and international markets.
Petrolimex is the State-run corporation engaging in 12 petroleum fields, such
as transportation, petrochemistry, gas, designing, building and installing
petroleum works, and insurance.
The corporation plays an important role in the domestic market as 41 out of its
67 affiliated companies are trading in petroleum throughout Việt