Vietnam National Petroleum Group - Company Profile
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Vietnam National Petroleum Group (Petrolimex) together with its subsidiaries carries out the trading of petroleum and petrochemical products. Substantial operational capabilities and integrated business operations are its major strengths, even as decrease in working capital is a cause for concern. Strategic partnerships and agreements, an increase in demand for petroleum consumption in Vietnam and increase in refining capacity could provide growth opportunities to the company. However, fluctuations in oil and gas prices, intense competition, and foreign currency fluctuations could affect its operations.
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