PTSC Party Committee: Right Orientation, Practical suitability

In the period of 2015-2020, PTSC faced with great difficulties and challenges in the context of fierce competition. However, PTSC has well implemented its goals and achieved remarkable achievements.

In the context of the sharp decline in crude oil prices and the impact of the Covid-19 epidemic, PTSC continues to maintain a steady pace of production, business and development in line with the PTSC's Development Strategy until the year of 2025, with orientation to the year of 2035.

In the period of 2016-2020, the total consolidated revenue of PTSC is estimated at VND 89,729 billion, reaching 117% compared to the 5-year adjustment plan of the mid-term; The total consolidated profit before tax was estimated at VND 5,435 billion, reaching 122.7% of the mid-term adjusted five-year plan.

PTSC’s Party Committee has lead the organization review and research the implementation of restructuring contents according to the PTSC restructuring plan for the 2016-2020 period approved by PVN.

PTSC PPS organized the trip to Con Dao.

In the past term, PTSC’s Party Committee has maintained the viewpoint of sustainable development, taking the effective response to customers' requirements on the basis of exploiting and maximizing resources, capacity and cooperating with foreign and domestic partners. PTSC has been continuously recognized in prestigious awards and gradually expanded to potential markets such as Brunei, Malaysia, Myanmar, India and the Middle East.

PTSC workers at FSO Southeast Asia Sea.

PTSC is decisive on core services and strengths, with potential development and value in the products.

With the results achieved in the period from 2015 -2020, PTSC Party Committee continued to lead PTSC to achieve the targets and missions, building PTSC to become international brand with the high quality petroleum services.