PV GAS contributes 1.1% to Vietnam's GDP

Nguyễn Thúy |

PV GAS restructures and shifts its business model from a gas distributor to a reputable energy solution provider in Vietnam and the region.

The key unit of Vietnam National Industry - Energy Group (Petrovietnam), continues to affirm its position as a pillar enterprise of the economy when contributing over 135 trillion VND to Vietnam's GDP in 2025.

According to the 2025 socio-economic report, the scale of Vietnam's GDP at current prices is estimated at about 12.85 million billion VND (equivalent to 514 billion USD). Of which, only 14 businesses achieve revenue scale of over 1% of GDP in the "leading" group leading growth.

Notably, businesses operating in the energy sector account for a dominant proportion in this group, with the presence of key enterprises such as Petrovietnam, EVN, Petrolimex, BSR, PVOIL, NSRP and PV GAS. This shows that energy continues to be an important pillar of the economy, with the task of ensuring supply, both contributing greatly to the budget and stabilizing the macroeconomy.

In that overall picture, PV GAS recorded net revenue of over 135 trillion VND, equivalent to 1.1% of Vietnam's GDP, ensuring energy security and food security through the provision of essential gas inputs for electricity, fertilizer and industrial production.

PV GAS ghi nhận doanh thu thuần trên 135 nghìn tỷ đồng, tương đương 1,1% GDP Việt Nam
PV GAS recorded net revenue of over 135 trillion VND, equivalent to 1.1% of Vietnam's GDP. Photo: PV GAS

2025 marks a strong growth step for PV GAS with revenue increasing by more than 30% compared to 2024, reaching the highest level in 35 years of formation and development history; after-tax profit reached over 11.5 trillion VND. With this result, PV GAS continues to be one of the largest contributors to Petrovietnam, accounting for about 20% of total revenue and 23% of the Group's total profit.

PV GAS's growth momentum comes from the synchronous expansion of business activities, in which LPG/LNG maintains a high growth momentum, especially the international market gradually becoming a new pillar. Along with that, the enterprise continues to optimize operational efficiency, improve infrastructure exploitation efficiency and deploy focused investment, towards forming integrated energy industry centers in the future.

PV GAS đặt mục tiêu tiếp tục tăng trưởng mạnh mẽ, hướng tới Top 30 Doanh nghiệp lớn nhất Đông Nam Á trong giai đoạn 2026 – 2030
PV GAS aims to continue strong growth, towards the Top 30 largest enterprises in Southeast Asia in the period 2026 – 2030. Photo: PV GAS

The results achieved reflect the comprehensive innovation process of PV GAS with the focuses: business model transformation; international market expansion; streamlined and effective organizational restructuring; improving management capacity and cost optimization.

Stepping into 2026 - a pivotal year for the next development phase, PV GAS orients sustainable development in depth, with strategic priorities including: market expansion; infrastructure investment one step ahead; seeking upstream opportunities and M&A to diversify products; promoting innovation and digital transformation; perfecting a modern and flexible management system.

With a strengthened foundation, PV GAS aims to continue to grow strongly, towards the Top 30 largest enterprises in Southeast Asia (Fortune Southeast Asia 30) in the period 2026 – 2030, thereby actively contributing to Petrovietnam's goal of entering the Top 500 largest enterprises globally (Fortune Global 500) by 2030.

Nguyễn Thúy
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