Revenue distribution by sectors:

• Refinery and distribution of petroleum products: approx. 70%
• Gas distribution: approx. 15%
• Chemicals and other products: approx. 10%
• Other services: approx. 5%

TOP 3 markets and their percentage shares:

• Vietnam: approx. 60%
• Japan: approx. 20%
• South Korea: approx. 10%

Vietnam National Petroleum Group generates the majority of its revenue from the refinery and distribution of petroleum products. This is typical for companies in the energy sector that heavily rely on the demand for fuels and petrochemical products.

Vietnam remains the main market for PLX, attributed to the strong local presence and high energy demand in the country. Japan and South Korea are significant export markets benefiting from geographical proximity and trade relationships.

Production Sites: Vietnam

Vietnam National Petroleum Group (Petrolimex) mainly produces its products in Vietnam. The company operates several refineries and production facilities in the country to meet the domestic demand for petroleum products.

Petrolimex is one of the leading providers of petroleum products in Vietnam and has a strong presence throughout the country. The strategic location of the production sites enables the company to operate efficiently and serve the demand of local markets.

Strategic Growth Goals:

1. Diversification of Energy Sources
2. Expansion of Retail Presence
3. Investments in Sustainable Technologies

Vietnam National Petroleum Group (PLX) is pursuing a multi-pronged growth strategy to strengthen its market position in the evolving energy industry. A central component of this strategy is the diversification of energy sources. PLX plans to increase its investments in alternative and renewable energies to align with global energy transition trends.

Additionally, the company aims to expand its retail presence by opening new gas stations and modernizing existing locations. This is intended not only to increase reach but also to enhance the customer experience.

Another focus is on investments in sustainable technologies to improve efficiency and reduce the ecological footprint. These measures are part of PLX's long-term strategy to ensure both economic success and environmental responsibility.

Main Imported Raw Materials: Crude oil, petroleum products

Main Import Countries:

• Saudi Arabia
• Kuwait
• United Arab Emirates
• Malaysia
• Singapore

Vietnam National Petroleum Group (PLX) mainly imports crude oil and processed petroleum products to meet domestic demand. The main suppliers are countries from the Middle East such as Saudi Arabia and Kuwait, known for their extensive oil reserves. In addition, PLX also sources petroleum products from regional neighbors like Malaysia and Singapore, which have advanced refinery capacities.

This import strategy enables PLX to ensure a stable supply and benefit from the different price and quality offerings of the suppliers. Diversification of the sources is also an important factor in minimizing geopolitical risks.

Market share: 50% (estimated, 2026)
Revenue growth: 8% (2025)
EBITDA margin: 12% (2025)

Vietnam National Petroleum Group (PLX) holds a significant market share of approximately 50% in the Vietnamese fuel market, indicating a strong market presence and an extensive distribution network. This dominance gives the company a substantial competitive advantage, benefiting from economies of scale and strong brand recognition.

The 8% revenue growth in 2025 demonstrates that PLX is able to leverage its market position to expand in a competitive environment. The 12% EBITDA margin suggests an efficient cost structure and the ability to achieve stable profits.

PLX's competitive advantage is further strengthened by strategic partnerships and investments in infrastructure, helping the company optimize its supply chain and increase customer satisfaction.

Institutional Investor Share: 45% (estimated for 2026)
Insider Buys/Sells: No significant transactions in the last quarter (2026)

The institutional investor share in Vietnam National Petroleum Group is estimated to be around 45%. This indicates a strong interest from institutional investors, suggesting confidence in the company's long-term stability and growth potential.

There were no significant insider buys or sells in the last quarter, indicating that the management and other insiders do not currently expect any significant changes in the stock value. This can be interpreted as a sign of a stable corporate situation.

Market share of Vietnam National Petroleum Group (PLX): 45% (estimated for 2026)

Major competitors and their market share:

1. PetroVietnam Oil Corporation (PVOIL): 20%
2. Saigon Petro: 15%
3. Thanh Le General Import-Export Trading Corporation (THANH LE): 10%
4. Petrolimex Aviation Fuel JSC: 5%
5. Nam Viet Oil Refinery and Petrochemical JSC: 3%
6. Other smaller companies: 2%

Vietnam National Petroleum Group (PLX) holds a significant market share of approximately 45%, attributed to its strong brand presence and extensive distribution network. This provides the company with a solid moat in the form of brand loyalty and economies of scale.

PetroVietnam Oil Corporation (PVOIL) is the next largest competitor with a market share of 20%. PVOIL benefits from its close ties to state oil and gas projects, giving it a strategic advantage.

Saigon Petro and Thanh Le General Import-Export Trading Corporation (THANH LE) also have significant market shares, but they lack the same reach and brand strength as PLX.

The moat of PLX is mainly defined by its market leadership and comprehensive network of gas stations. While PVOIL has an advantage due to state support, PLX remains ahead due to its established market position and broad customer base.

Overall, PLX has a significant advantage over its competitors, although PVOIL is also well positioned due to its strategic partnerships. While other companies have regional strengths, they cannot compete with the national presence of PLX.

Revenue Growth: 8.5% (2025)
Profit Growth: 10.2% (2025)
Domestic Market Share: 50% (2025)

The Vietnam National Petroleum Group (PLX) recorded a solid revenue growth of 8.5% in 2025. This indicates strong demand for its products and services. The profit growth of 10.2% in the same year shows that the company is operating efficiently and managing its costs well.

PLX holds a significant domestic market share of 50%, highlighting its dominant position in the Vietnamese energy market. This strong market position provides the company with a competitive advantage and enables it to benefit from Vietnam's growing economy.

In addition, PLX is investing in sustainable energy projects and infrastructure, indicating a forward-looking strategy. These investments could lead to further growth opportunities in the long term and make the company more resilient to market changes.

Overall, the current financial indicators and strategic initiatives suggest that PLX could be a promising investment for investors interested in long-term participation in the energy sector.

Dividend Yield: 4.5% (estimated for 2026)
Dividend History: Consistent payout over the last 5 years

Vietnam National Petroleum Group (PLX) has regularly distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield for 2026 is around 4.5%, based on the latest financial reports and analyst estimates.

The continuity of dividend payments over the past five years shows that PLX is committed to providing its shareholders with stable returns. This is supported by a solid financial performance and a strong position in the Vietnamese market.