On August 24, 2017, the Vietnam National Petroleum Group (Petrolimex) and the Vietnam Post Corporation (VnPost) sign a comprehensive co-operation deal.

Petrolimex Director General Tran Van Thinh (right) and member of VnPost Board of Members cum Director General Pham Anh Tuan sign the deal

The signing ceremony witnesses the attendance of Petrolimex Director General Tran Van Thinh, Chairman of VnPost Board of Members Do Ngoc Binh, member of VnPost Board of Members cum Director General Pham Anh Tuan together with the leadership, and representatives from functioning departments, Party Committees and other professional divisions from both sides.

Addressing the signing ceremony, Chairman of VnPost Board of Members Do Ngoc Binh said “the signing of the co-operation deal marks a milestone in fostering the connection between VnPost and Petrolimex, which is the basis for the two parties to promote joint ventures, and to assist each other in expanding and developing business activities.”

The co-operation between Petrolimex and VnPost aims to maximise the strengths, and effectively use resources of both sides to well perform assigned tasks and improve the performance of each side, assuring support for mutual development.

According to the co-operation deal, Petrolimex and VnPost will study co-operation in business investment; distribute and use each other’s products and services; advertise and promote each other’s brand on the infrastructure system as well as products and services of the other.
Petrolimex and VnPost pledged to have certain supporting policies and priorities during the initial stage of co-operation for long-term co-operation interests on the principle of ensuring quality and efficiency, and compliance with laws.