Petrolimex welcomes new director general

Feb 15, 2022Updated May 16, 20251 min read

Deputy Director General of Vietnam National Petroleum Group (Petrolimex) Dao Nam Hai will become its director general (DG), starting Mar. 1.

He replaces Pham Duc Thang who retired in November 2021. Holding two master degrees in law and business administration, Hai, 48, Hai was its deputy DG for four years, and 9-year DG of Petrolimex’s insurance subsidiary, Petrolimex Joint Stock Insurance Company (PJICO).

Petrolimex has a charter capital of nearly VND13 trillion ($573 billion). In 2021, the group posted net revenue of over VND169 trillion, up 37 percent compared to 2020.

Its 2021 post-tax profit was VND3.1 trillion, 2.5 times higher year-on-year.

The state-owned Petrolimex has a nearly 40 percent share in Vietnam’s petroleum market, has 43 subsidiaries, with 5,000 gasoline stations nationwide.

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Mei Ling Tan

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Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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