2021 activities
List of Board of Directors
and number of shares held
Changes in
the Board of General Directors in 2021
Mr. Pham Duc Thang retired from 1st November 2021, Mr. Dao Nam Hai was appointed to be the General Director from 1st March 2022
| No | Full Name | Positions | Shares are freely transferable | Percentage of ownership | Violations of law | Conflicts of interst with Petrolimex | Related benefits with Petrolimex |
|---|---|---|---|---|---|---|---|
| 01 | Dao Nam Hai | General Director | 3,000 | 0.00023% | No | No | No |
| 02 | Nguyen Thanh Son | BOM member, Deputy General Director | 22,700 | 0.00175% | No | No | No |
| 03 | Tran Ngoc Nam | BOM member, Deputy General Director | 5,000 | 0.00039% | No | No | No |
| 04 | Nguyen Van Su | Deputy General Director | No | No | No | ||
| 05 | Nguyen Quang Dung | Deputy General Director | 8,100 | 0.00063% | No | No | No |
| 06 | Nguyen Xuan Hung | Deputy General Director | 6,000 | 0.00046% | No | No | No |
| 07 | Luu Van Tuyen | Deputy General Director | No | No | No | ||
| 08 | Nguyen Sy Cuong | Deputy General Director | No | No | No |
Dao Nam Hai
- Positions
General Director
- Shares are freely
transferable3,000
- Percentage
of ownership0.00023%
- Violations of law
No
- Conflicts of
interst with PetrolimexNo
- Related benefits
with PetrolimexNo
Nguyen Thanh Son
- Positions
BOM member, Deputy General Director
- Shares are freely
transferable22,700
- Percentage
of ownership0.00175%
- Violations of law
No
- Conflicts of
interst with PetrolimexNo
- Related benefits
with PetrolimexNo
Tran Ngoc Nam
- Positions
BOM member, Deputy General Director
- Shares are freely
transferable5,000
- Percentage
of ownership0.00039%
- Violations of law
No
- Conflicts of
interst with PetrolimexNo
- Related benefits
with PetrolimexNo
Nguyen Van Su
- Positions
Deputy General Director
- Shares are freely
transferable - Percentage
of ownership - Violations of law
No
- Conflicts of
interst with PetrolimexNo
- Related benefits
with PetrolimexNo
Nguyen Quang Dung
- Positions
Deputy General Director
- Shares are freely
transferable8,100
- Percentage
of ownership0.00063%
- Violations of law
No
- Conflicts of
interst with PetrolimexNo
- Related benefits
with PetrolimexNo
>Nguyen Xuan Hung
- Positions
Deputy General Director
- Shares are freely
transferable6,000
- Percentage
of ownership0.00046%
- Violations of law
No
- Conflicts of
interst with PetrolimexNo
- Related benefits
with PetrolimexNo
Luu Van Tuyen
- Positions
Deputy General Director
- Shares are freely
transferable - Percentage
of ownership - Violations of law
No
- Conflicts of
interst with PetrolimexNo
- Related benefits
with PetrolimexNo
Nguyen Sy Cuong
- Positions
Deputy General Director
- Shares are freely
transferable - Percentage
of ownership - Violations of law
No
- Conflicts of
interst with PetrolimexNo
- Related benefits
with PetrolimexNo
Report on the business performance
Facing intersecting difficulties and advantages, the Parent Company and other units in the Group have made efforts to actively respond to the pandemic progress, building appropriate, drastic, synchronous and flexible business solutions to achieve outstanding production and business performance, completing important targets, reaching and exceeding the 2021 plan.
Consolidated revenue
2021
0thousand
billion VND
0billion
VND
Total consolidated revenue
before tax
0billion
VND
Business performance results
Evaluation on the business performance
2021 is a particularly difficult year in production and business activities of enterprises in general as well as of Vietnam National Petroleum Group in particular. The Covid-19 pandemic continues to have a heavy and comprehensive impact on the global economy. These factors have had a great impact on the Group’s production and business activities. But with the drastic direction and flexible management solutions of the Board of Management, as well as the efforts, initiative and responsibility of member units in simultaneously realizing the dual goals of both effective disease control and maintaining production and business activities, Petrolimex has achieved outstanding business performance. The Group has completed and exceeded many important targets approved by the General Meeting of Shareholders.
RESULTS OF MAIN OPERATING SEGMENTS
Petroleum Member Unit
Petroleum Transportation Services
Petrochemical
GAS AND LIQUEFIED GAS DISTRIBUTION
Other segments
Performance of other business units
Digital transformation achievements in 2021
Smart reporting system BI
The Group actually has a more powerful tool to maximize the value of information resources to quickly evaluate and analyze data, detect business anomalies, evaluate the effectiveness of policies. Business policies have been implemented, supporting the orientation of new business policies effectively, responding to the change of business environment.
Cashless payment system and Petrolimex ID
In 2021, the Group cooperates with partners HDBank and Piacom to deploy a cashless payment system at nearly 2,000 Petrolimex stores across the country. The application meets the payment needs of customers to save time and effort when buying Petrolimex at petrol stations across the country.
In parallel with the implementation of the Cashless Payment System, Petrolimex implemented the PLX ID system to help customers track and manage information about orders, goods, payment quickly, conveniently and transparently. information, supporting Petrolimex to manage customer identification and care in a comprehensive and thoughtful way.
Improvements in organizational structure and
management during the year
Policy on management and administration
In 2021, the Group has continuously strengthened application of information technology in management and operation activities: maximizing exploiting efficiency of information resource, making use of SAP-ERP, EGAS system to generate information and analyze data serving administration and management activities; implementing smart business intelligence reporting (BI) on the entire system, digitalizing order management system to control and monitor; strengthening online meetings, conferences and training programs, etc.
Measures to control risks
In early 2021, the Board of Management directed to conduct a review of the Group's risk portfolio in order to identify, evaluate and focus on effective control of the Group's material risks. The internal control system is also regularly reviewed and thoroughly evaluated to ensure effective prevention and treatment of identified risks, and a review of the entire supply chain process has been carried out. to research solutions to enhance management efficiency and minimize potential risks.
IMPROVEMENTS IN ORGANIZATIONAL STRUCTURE AND MANAGEMENT DURING THE YEAR
In 2021, the Group has continuously strengthened application of information technology in management and operation activities: maximizing exploiting efficiency of information resource, making use of SAP-ERP, EGAS system to generate information and analyze data serving administration and management activities; implementing smart business intelligence reporting (BI) on the entire system, digitalizing order management system to control and monitor; strengthening online meetings, conferences and training programs, etc.
In early 2021, the Board of Management directed to conduct a review of the Group's risk portfolio in order to identify, evaluate and focus on effective control of the Group's material risks. The internal control system is also regularly reviewed and thoroughly evaluated to ensure effective prevention and treatment of identified risks, and a review of the entire supply chain process has been carried out. to research solutions to enhance management efficiency and minimize potential risks.
Petrol station investment situation in
2021 and 2022 plan
Petrol station investment situation in 2021 and 2022 plan
Investment situation of construction stations in 2021
In 2021, the Group has invested in new development and put into operation 55 petrol stations, reaching 85% of the plan; invest in renovating and upgrading 180 stores, and at the same time deploying a new brand identity application at petrol stations. Member units have organized and implemented with a disbursement value of 1,450 billion VND on the assigned plan of 2060 billion VND, reaching 70% of the plan.
Investment plan on material and technical facilities of the Petroleum Sector in 2022
In 2022, the Board of Directors continues to determine to increase focus on retail mode, the main profit-making method of the industry on the basis of promoting the advantages of brand name, wide network in all provinces and cities of Vietnam. Therefore, the investment in facilities of the domestic petroleum business in 2022 will focus on the repair and development of new fuel stations. The Group plans to build 65 new petrol stations with an investment value of 285 billion VND, renovate and upgrade 312 stores with an investment value of about 639 billion VND.
