On December 5, 2025, the 8th Annual Forum on Corporate Governance (AF8) was organized by the Vietnam Institute of Board Members (VIOD) with the theme "Breakthrough Management Council: Rising to regional level, positioning trust and reputation in the capital market". The event brings together businesses, investors and experts to promote transparency and risk management in the context of an increasingly strict capital market. Here, the Petroleum Transport Joint Stock Corporation (PVTrans) stands out in the shipping industry.
Standardizing governance according to international practices
PVTrans considers governance as a pillar of creating competitive advantages, with the Board of Directors shaping a medium- and long-term strategy towards transparency. PVTrans complies with the law and proactively applies the ASEAN Scorecard Management Score Card (ACGS), thereby self-assessing according to international standards, aiming to approach the criteria of the emerging market MSCI.
The company values the role of independent board members to ensure objectivity in strategic decisions. Thanks to perfecting the risk monitoring mechanism and increasing the independence of responsible committees, PVTrans has built trust with shareholders and the capital market, and won many prestigious awards such as Top 20 enterprises committed to ACGS20, Top 50 VNCG50 and Top 5 Board of Directors of 2025.
Expanding fleets, increasing exploitation efficiency
A good management system helps PVTrans make good use of market cycles. In the 11 months of 2025, PVTrans achieved VND13,950 billion in revenue and VND1,355 billion in pre-tax profit, completing 150% of revenue and 113% of annual plan profit, demonstrating the ability to manage and optimize fleet operations in the context of fluctuations.
During the same period, PVTrans invested in 6 more ships, bringing the fleet to 64 with more than 1.9 million DWT, 90% of which were international. Enterprises increase the application of technology to control costs, improve exploitation efficiency and ensure safe operation.
Pioneering green transformation and maritime safety
In response to the green transformation trend, PVTrans has implemented ESG activities, established an ESG Committee and applied technology to reduce fuel consumption and limit emissions. Enterprises strictly apply safety standards to meet the requirements of major oil and gas partners. Safety and environmental protection standards are strictly applied according to international standards, meeting the requirements of leading oil and gas partners.
The presence at AF8 affirms that PVTrans is a pioneer in modern governance, possessing a strong fleet, a clear ESG strategy and outstanding financial capacity. PVTrans is consolidating its leading position in Vietnam's liquid transportation.
