PV GAS contributes 1.1% to Vietnam's GDP.
(Chinhphu.vn) - Having completed the restructuring process and business model transformation from a gas distribution unit to a reputable energy solution provider in Vietnam and the region, Vietnam Gas Corporation (PV GAS), the key unit of the Vietnam National Energy and Industry Group (Petrovietnam), continues to affirm its position as a pillar enterprise of the economy, contributing over 135 trillion VND to Vietnam's GDP in 2025.
Notably, businesses operating in the energy sector account for an overwhelming proportion of this group, with the presence of key enterprises such as Petrovietnam , EVN, Petrolimex, BSR, PVOIL, NSRP, and PV GAS. This shows that energy continues to be a crucial pillar of the economy, responsible for ensuring supply while making significant contributions to the budget and macroeconomic stability.
Within that overall picture, PV GAS recorded net revenue of over 135 trillion VND, equivalent to 1.1% of Vietnam's GDP, ensuring energy and food security by providing essential input gas for electricity, fertilizer, and industrial production.
2025 marks a significant growth milestone for PV GAS, with revenue increasing by over 30% compared to 2024, reaching its highest level in its 35-year history; after-tax profit is expected to exceed VND 11.5 trillion. With these results, PV GAS continues to be one of the largest contributors to Petrovietnam, accounting for approximately 20% of the Group's total revenue and 23% of its total profit.
The results achieved reflect PV GAS's comprehensive innovation process with key focuses on: shifting the business model; expanding international markets; restructuring the organization for a lean and efficient structure; improving management capacity; and optimizing costs.
Entering 2026 – a pivotal year for the next phase of development – PV GAS is orienting its sustainable development in depth, with strategic priorities including: expanding markets; investing in infrastructure ahead of time; seeking upstream opportunities and M&A; diversifying products; promoting innovation and digital transformation; and perfecting a modern and flexible management system.
With its solid foundation, PV GAS aims to continue its strong growth, striving to become one of the Top 30 largest companies in Southeast Asia (Fortune Southeast Asia 30) during the 2026-2030 period, thereby making a positive contribution to Petrovietnam's goal of being among the Top 500 largest companies globally (Fortune Global 500) by 2030.
Le Thanh
Source: https://baochinhphu.vn/pv-gas-dong-gop-11-cho-gdp-viet-nam-102260420182129107.htm