The history
PETROSETCO was established in June 1996 with core business of living and traveling service within the oil and gas industry. 2007 is the remarkable year in the development of PETROSETCO when the company was officially listed on Hochiminh city Stock Exchange (HOSE) with PET code and changed into PetroVietnam General Services Joint stock company. Since this remarkable moment, Petrosetco has made enormous progress, becoming one of the leading providers in the market for multi-sector services.
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In 2022, PSD and SMC Company distributed Matterpot, Targus, Hitachi, LC-Power, Asus and LG products in Vietnam market.
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Petrosetco Corporation entered the top 50 best listed companies voted by Forbes magazine.
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PSD Company entered the top 500 largest enterprises in Vietnam.
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In 2021, Smartcom officially signed an authorized distribution agreement for Garmin smart watch company. Simultaneously, Smartcom became the authorized distributor of Linksys automation and network equipment in Vietnam.
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In April 2021, PSV made a new expansion when it successfully established a wood processing factory and signed a contract to supply wooden pallets for Nghi Son refinery and petrochemical plant.
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In January and June 2020, PSD-Binh Minh Company officially distributed LG and Galanz electronic products in Vietnam market.
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In June 2020, Petrosetco officially became a distributor of Apple products (including: Iphone, macbook, imac, ipad, apple watch, ...)
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In July 2020, PSD won the AMD Partner Award 2020 Distributor in Pacific Asia.
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In 2020, Smartcom officially signed a contract to distribute Aver products - smart education solutions and online video conferencing solutions in Vietnam.
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Petrosetco expands the distribution of America’s organic fertilizer-Humate.
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Petrosetco develops hazardous waste and industrial waste treatment services.
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PSL expands its transportation service with a fleet of 11 vehicles with loading capacity ranging from 500 kg to 2.3 tons.
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In November 2020, PSA was recognized as an Enterprise with National Branded Real Estate Management Services products for the third time in a row.
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In 2019, PSD officially distributed LCD Samsung and Samsung Smart Doorlock products.
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In April 2019, Smartcom Company officially distributed barcode products, RFID printers, Zebra Technologies barcode printers of the US.
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In April 2019, PSMT Company developed a distribution system for PETROSETCO PETGAS products in the South West market.
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In June 2019, PSD officially launched SANCO TV brand in Vietnam market.
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In September 2019, PSD Company expanded the distribution of medical industry supporting devices and products through its member unit, Green Tech Import Export Joint Stock Company.
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In November 2019, PSD received the "ASUS Incredible Partner" award from ASUS.
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In December 2019, Smartcom officially distributed the US Energizer phone in Vietnam market.
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In 2019, PSV successfully signed Catering service contracts such as: Java Star 2 rig for KS Drilling Operating Company and IDUN rig - Borr Drilling Management DMCC company.
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In 2019, PSA expanded its building management services outside of the Oil and Gas industry such as: Securities Depository Center Building and HUD Tower in Hanoi; Development Bank Branch Building – Da Nang; State Bank Building Ba Ria - Vung Tau Branch; Residential area in Thach Linh ward (Ha Tinh city).
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POTS Company also receives, manages and operates the Betrimex building.
Distribution Service:
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In March 2018, PSD signed a cooperation agreement with Microsoft Vietnam and officially became a strategic partner distributing Microsoft's Cloud Computing Solutions in Vietnam market (CSP - Cloud Solution Provider)
Supply and Logistics Services:
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In the third quarter of 2018, POTS won the contract to supply pipes and connection accessories for the project to improve the water environment in Ho Chi Minh City. Ho Chi Minh City Phase 2, marking the expansion of the supply equipment market outside the oil and gas industry.
Catering Service:
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In 2018, PSV expanded the market outside the Oil and Gas industry with contracts to provide Catering for a number of large companies: AGC Vietnam Chemical Company, Cai Mep International Port Company CMIT, Container Service LD Company Saigon Port International - SSIT.
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PSA Company marked its development into the market of providing school meals: the Ischool system; system of FPT primary schools, colleges and universities; Pham Van Dong Middle School and High School.
Property Services:
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In the third quarter of 2018, Petrosetco completed and handed over the first commercial project - Residential Area 41D in Vung Tau City.
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In 2018, POTS was selected by the investor Vinhomes as the unit providing maintenance and repair services for residents of 2 projects Vinhomes Central Park and Vinhomes Golden River; PSA also won the contract to provide operation management services for RiO Vista Residential Area, River Park, Valencia Garden.
PETROSETCO continued to expand to external field, detailed as follows:
Mobile Devices Distribution Service:
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November 2017. Smartcom Company signed to be the distributor of SYMPHONY mobile devices.
Supply Chain Service:
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Petrosetco associated with Orion Group (UK) to develop the service of personnel supply for petroleum related projects in Viet Nam and foreigner labor service.
Catering Service:
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March, May and July 2017, PSV Company commenced to perform the Catering Contract at Hoa Phat Steel Factory - Quang Ngai, Nghi Son Oil Refinery Factory (NSRP) and GE - Quang Ngai.
Property Service:
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May 2017, POTS Company won the contract to manage and operate the first Trade Center in District 6 (Platinum Plaza).
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PSA Company supplied the management service for National Economics University tower.
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May 2016 Co-operate with Coolpad, a mobile phone brand, in Distribution service.
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June 2016 PETROSETCO celebrated 20 years of establishment and development.
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Honored to be awarded the Emulation Flag of the Government for completing tasks successfully and thoroughly, leading the 2015 emulation movement of Vietnam Oil and Gas Group.
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Honored to be awarded third-class labor medal of President for successfully accomplishing all tasks from 2011 to 2015, contributing to the cause of building socialism and defending the country.
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Honored to be awarded a merit of the Prime Minister for successfully accomplishing all tasks from 2011 to 2015, contributing to the cause of building socialism and defending the country.
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March 2015 Expand business operation into distribution of household goods named Smartbedding
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October 2015 Be a distributor of 3 new mobile phone brands (Archos, Motorola and Vivo) and equipment accessories for Plantronics.
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November 2015 Distribute for Meizu – a mobile phone brand in Vietnam.
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November 2015 Successfully sign contracts of supply catering service for Vinamilk, Formosa and VSP canteens.
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January 2014 Petrosetco received Second class Labor Medal
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April 2014 Viet nam Petroleum Logistics Services Joint Stock Company (PSL Vietnam) became a subsidiary of PETROSETCO who was as a Logistics Services Department of Petroleum offshore Trading and Services Company Limited (POTS) from 2012 to April 2014.
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May 2014 Establishment of Petroleum High Technology Products Distribution Joint Stock Company ( PHTD)
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July 2014 Being an exclusive mobile phone distributor for Philips
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July 2014 Being a supplier of underground valve installation system for 2 big projects of Vietsovpetro and PVGas
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October 2014 Petrosetco toke over Nghi Son living quarter Project from PVN in Nghi Son - Thanh Hoa Province
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November 2014 ASSA Technology Joint Stock Company (ASSA) was established.
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December 2014 Being a distributor of Lenovo mobiles.
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March 2013 Establishment of Petroleum Retail Services Joint Stock Company (PetroRetail).
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March 2013 PETROSETCO- Smartcom became the authorized distributor for HTC mobiles in Vietnam
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March 2013 Establishment of Heavy transportation and Lifting Joint stock company (PETROSETCO-ALE)
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June 2013 Listing of PETROSETCO – PSD in the Ha Noi's Securities Trading Floor, stock code: PSD.
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September 2013 Being a Distributor of Gionee mobiles
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September 2013 PETROSETCO – PSD became the authorized distributor for Microsoft in Vietnam and Lao
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October 2013 manage and operate the State bank of Vietnam ’s HQ building
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January 2012 Supply catering for Phao mountain project in Thai Nguyen province
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March 2012 Establishment of Vietnam Petroleum Logistics Services Joint Stock Company (PSL Vietnam)
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May 2012 Successfully launching Hai Thach base weighted 7.300 ton
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July 2012 Became the authorized distributor for Samsung mobiles in Vietnam.
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August 2012 Received ISO 9001: 2008 Certificate
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November 2012 Became the authorized distributor for BlackBerry mobiles in Vietnam.
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April 2011 Established Smartcom Convergence Joint Stock Company (Smartcom)
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June 2011 Honorably received the Certificate of Merit from Vietnam Prime Minister. In addition, PETROSETCO also released its new Logo and brand image.
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August 2011 Successfully launching the base weighted 6.500 tons and 3.300 ton upper block of Moc tinh rig – a project of ESOG
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November 2011 PSD became Petrosetco Distribution Joint Stock Company, transferred 4.5% capital share to Japan-based East Wing Asset Fund.
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January 2010 Established Petroleum Industrial Material Distribution Company (PIMD).
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January 2010 Diversify the Distribution segment by electronic components and accessories (USB, hard drive, reserve external battery, cable, headphone, etc.)
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June 2010 Contributed 51% initial capital to establish PetroVietnam Packaging Joint Stock Company in Bac Lieu province.
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December 2010 Established PETROSETCO SSG CO., LTD by the co-operation with SSG Real Estate Group.
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December 2010 PSV, PVA, PSMT were converted into Joint Stock Companies.
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April 2009 Contributed capital shares to establish PetroVietnam Residence Development and Management Joints Stock Company (PV Building).
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September 2009 Received capital transfers at Petroleum Offshore Trading and Services Company Limited (POTS), PetroVietnam Assets Management Co. Ltd (PVA), Best Food Catering and Trading Joint Stock Company (Bestfoods Catering), Hanoi Petroleum Commerce Service JSC (Petro Hanoi).
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July 2008 Expansion into laptop distribution business (Acer, Dell, HP, Lenovo, Asus).
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August 2008 Contributed 51% initial capital in PetroVietnam Central Biofuels Joint Stock Company (PCB) to invest in the Dung Quat Bio-ethanol Plant Project with capacity of 100 millions liters/ year.
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September 2007: IPO of PETROSETCO with code: PET
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April 2007: Established Petroleum General Distribution Services Joint Stock Company (PSD).
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October 2007: Presented PetroVietnam General Services Joint Stock Corporation
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April 2006 Established PetroVietnam Cylinder Factory.
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September 2006 Being converted into Joint Stock Corporation.
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December 2006 Acquired shares in Petro Song Tra Joint Venture.
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May 2002 Established Sai Gon Petroleum Services Enterprise.
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October 2001 Established Setco Trading Enterprise.
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November 2000 Establishment of Petroleum Services Enterprise.
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July 1997 Merged with other PetroVietnam's subsidiaries who are providers of living and travel services.
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June 1996 Pertrovietnam Tourism and Services Company was incorporated under the Decision No. 284/BT of the Minister, Chairman of the Government Office.