Petrolimex appoints new general director

October 31, 2017 - 18:00
Phạm Đức Thắng, the new general director of Petrolimex, starting November 1, 2017. — Photo
Viet Nam News

HÀ NỘI  Việt Nam National Petroleum Group (Petrolimex) has appointed Phạm Đức Thắng as the new general director of the group for a period of three years, starting November 1, 2017.

Thắng is previously Petrolimex’s deputy general director and member of the Board of Directors.

He replaced Trần Văn Thịnh, who reached the retirement age according to current regulations. 

On October 17, Petrolimex also appointed Đào Nam Hải as the new deputy general director of Petrolimex, starting October 1, 2017.

Hải is currently the representative of Petrolimex’s capital at Petrolimex Joint Stock Insurance Company (PJICO) and also PJICO’s general director.

In April, Petrolimex’s 1.3 million shares were listed on the HCM Stock Exchange, with the reference price on the first trading day at VNĐ43,200 (US$1.9) per share.

After more than six months of being listed, Petrolimex’s share is trading at a price of VNĐ62,000 per share. During this period, Petrolimex also spent nearly VNĐ3.7 trillion to pay dividend for 2016 at the rate of 32.24 per cent. — VNS