Decision No. 1498/QD-TTg Regarding the transformation of the Oil Products Processing and Trading Company into a State-owned Joint Stock Company with One Member

Decision No. 1498/QD-TTg transforms the Oil Products Processing and Trading Company into a State-owned Joint Stock Company with One Member operating under the Enterprise Law. The company has a charter capital of 380 billion VND, headquartered in Ho Chi Minh City, engaging in oil-related businesses.

문서 번호1498/QĐ-TTg
문서 유형Decision
발행 기관Central Account
서명자Nguyễn Sinh Hùng — Phó Thủ tướng
업데이트29. 06. 2026
분야Uncategorized
발행일13. 11. 2006
발효일13. 11. 2006
효력 만료일
상태In effect
✦ 스마트 요약

Decision No. 1498/QD-TTg transforms the Oil Products Processing and Trading Company into a State-owned Joint Stock Company with One Member operating under the Enterprise Law. The company has a charter capital of 380 billion VND, headquartered in Ho Chi Minh City, engaging in oil-related businesses.

적용 범위

State-owned Joint Stock Company with One Member for Oil Products Processing and Trading

핵심 사항

  • The company has its full name, trading name, international name, and abbreviation.
  • The company's charter capital is 380 billion VND.
  • The main office of the company is located at No. 201 Dien Bien Phu Street, Ward 15, Binh Thanh District, Ho Chi Minh City.
  • Business activities include processing and trading oil products, building distribution systems, importing and exporting oil products, trading materials and equipment serving oil processing and trading operations.
  • The management structure of the company includes the Board of Members, General Director, and Supervisor.

🌐 이 문서의 사회적 영향

  • Creating opportunities for the company to operate more independently in the oil sector.
  • Helping to improve the efficiency of state capital and assets usage.
  • The company can expand its business scale, enhance investment in technology and management.

❓ 자주 묻는 질문

What is the full name of the company?

The full name of the company is State-owned Joint Stock Company with One Member for Oil Products Processing and Trading.

What is the charter capital of the company?

The company's charter capital is 380 billion VND.

Where is the main office of the company located?

The main office of the company is located at No. 201 Dien Bien Phu Street, Ward 15, Binh Thanh District, Ho Chi Minh City.

What business activities does the company engage in?

The company engages in business activities including processing and trading oil products, building distribution systems, importing and exporting oil products, trading materials and equipment serving oil processing and trading operations.

What does the management structure of the company consist of?

The management structure of the company consists of the Board of Members, General Director, and Supervisor.

전문

PRIME MINISTER

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 1498/QD-TTg
Hanoi, November 13, 2006

Pursuant to …;

Regarding the transformation of the Oil Products Processing and Trading Company into a State-owned Joint Stock Company with a single member

 

_________________

 

PRIME MINISTER

Pursuant to the Law on Organization of the Government dated December 25, 2001;

Pursuant to the Law on State-Owned Enterprises dated November 26, 2003;

Pursuant to the Enterprise Law dated November 29, 2005;

Pursuant to the Government Decree No. 95/2006/NĐ-CP dated September 8, 2006 on the transformation of state-owned companies into State-owned Joint Stock Companies with a single member;

Considering the proposal of the Board of Directors of Vietnam Oil and Gas Corporation.

Pursuant to …;

Article 1. The Oil Products Processing and Trading Company, a subsidiary of Vietnam Oil and Gas Corporation, shall be transformed into a State-owned Joint Stock Company with a single member named Oil Products Processing and Trading Company, a subsidiary of Vietnam Oil and Gas Group.

The State-owned Joint Stock Company with a single member Oil Products Processing and Trading Company (hereinafter referred to as the Company) shall have its own seal, open accounts at domestic and foreign banks in accordance with the law, and operate under the Enterprise Law and the Articles of Association of the Company.

- Full name: State-owned Joint Stock Company with a single member Oil Products Processing and Trading Company.

- Trade name: Oil Products Processing and Trading Company.

- International trade name: Petrovietnam Oil Processing and Distribution Company Limited.

- Abbreviation: PDC Co., Ltd.

- Registered capital: 380,000,000,000 VND (three hundred eighty billion VND).

- Head office: No. 201 Dien Bien Phu Street, Ward 15, Binh Thanh District, Ho Chi Minh City.

Article 2. Business sectors of the Company:

- Processing and trading oil products.

- Building distribution systems and trading oil products (based on reception, storage, preservation, transportation, distribution, and sales networks for oil products).

- Importing and exporting oil products and petrochemical products, materials, equipment, and means of transport serving oil product processing and trading.

- Trading materials, equipment, chemicals in the field of oil product processing and other consumer goods.

- Other business sectors as prescribed by law.

Article 3. Organization and operation:

1. The management structure of the Company follows the model: Board of Members, General Director, and Inspector.

2. The organization and operation of the Company are specifically regulated in the Articles of Association of the Company.

Article 4. The State Council authorized to represent the owner is the Board of Directors of Vietnam Oil and Gas Group.

Address: No. 22 Ngo Quyen Street, Hoan Kiem District, Hanoi City.

The Board of Directors of Vietnam Oil and Gas Group shall be responsible for exercising the rights and obligations of the owner towards the State-owned Joint Stock Company with a single member Oil Products Processing and Trading Company in accordance with the law and the Articles of Association of the Company.

Article 5. The State-owned Joint Stock Company with a single member Oil Products Processing and Trading Company shall be responsible for receiving and using effectively the capital and assets transferred by the Board of Directors of Vietnam Oil and Gas Group to fulfill production and business development tasks; inheriting all legitimate rights, obligations, and benefits of the Oil Products Processing and Trading Company.

Article 6. The Board of Members of the State-owned Joint Stock Company with a single member Oil Products Processing and Trading Company shall be responsible for drafting the Articles of Association of the Company for approval by the Board of Directors of Vietnam Oil and Gas Group.

Article 7. This Decision takes effect from the date of signature.

The Board of Directors of Vietnam Oil and Gas Group, the Director of the Oil Products Processing and Trading Company, and the Board of Members of the State-owned Joint Stock Company with a single member Oil Products Processing and Trading Company shall be responsible for implementing this Decision./.

DEPUTY PRIME MINISTER
VICE-PRESIDENT OF THE GOVERNMENT
(Signed)
Nguyen Sinh Hung
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