Vietnam Report Joint Stock Company (Vietnam Report) in collaboration with VietNamNet has just announced the VNR500 Ranking - Top 500 largest enterprises in Vietnam in 2025. In which, Vietnam National Industry and Energy Group ( Petrovietnam ) has up to 21 member units in the ranking, affirming the overall strength of the Group's ecosystem.
In VNR500 2025, Petrovietnam has excellently held the highest position in the group of domestic enterprises and state-owned enterprises, only behind one foreign enterprise, Samsung, in the entire ranking.
Petrovietnam Chairman of the Board of Directors Le Manh Hung introduced Petrovietnam's scientific and technological achievements to General Secretary To Lam, Prime Minister Pham Minh Chinh and other Party and State leaders. Photo: Petrovietnam.
2025 also marks the 17th consecutive year that Petrovietnam has maintained its position in the top 500 largest enterprises in Vietnam. This affirms the internal strength, management capacity and leading role of the national key economic group.
Notably, in the VNR500 2025, there are 21 member units of Petrovietnam participating, reflecting the scale, overall strength, and efficiency in the ecosystem and value chain of the entire Group, such as: Binh Son Refining and Petrochemical Joint Stock Company - BSR (ranked 12th), Vietnam Oil Corporation - PVOIL (ranked 13th), Vietnam Gas Corporation - PV GAS (ranked 15th), Oil and Gas Exploration and Production Corporation - PVEP (ranked 45th), Vietnam Oil and Gas Power Corporation - PV Power (ranked 55th), Vietnam Oil and Gas Technical Services Joint Stock Corporation - PTSC (ranked 71st), Vietnam Public Joint Stock Commercial Bank - PVcomBank (ranked 86th), Oil and Gas General Services Joint Stock Corporation - PETROSETCO (ranked 92nd).
In addition, many other members of Petrovietnam are also present in this ranking such as: Ca Mau Petroleum Fertilizer Corporation - PVCFC, Petrovietnam Fertilizer and Chemicals Corporation - PVFCCo - Phu My, Petrovietnam Transportation Corporation - PVTrans, Vietnam Low Pressure Gas Distribution Joint Stock Company - PV GAS D, PTSC Marine Engineering Company Limited, Petrovietnam Drilling and Drilling Services Joint Stock Corporation - PV Drilling, Vietsovpetro Joint Venture, PVI Insurance Corporation, Nhon Trach 2 Petroleum Power Joint Stock Company - PV Power NT2, Petroleum General Distribution Services Joint Stock Company - PSD, Petrovietnam Chemicals and Services Corporation - PVChem, Northern Petroleum Fertilizer and Chemicals Joint Stock Company - PVFCCo - PMB,...
VNR500 Ranking - Top 500 largest enterprises in Vietnam in 2025. Photo: Petrovietnam.
Over 50 years of formation and development, in the flow of the country's development, whenever the economy faces challenges, Petrovietnam has always stood firmly at the forefront. With the will of self-reliance, the spirit of innovation and the wise leadership of the Party, Petrovietnam has affirmed its pivotal role in ensuring national economic security. To date, Petrovietnam's total revenue is estimated at 605 billion USD, contributing to the state budget is estimated at 142 billion USD, equivalent to an average of 9-10% of the country's GDP, the highest period reaching about 30% of GDP.
Petrovietnam operates in 34 countries around the world, providing essential products for the economy. The Group plays a pivotal role in ensuring national energy security. The Group is currently the second largest electricity producer in the country; supplying 60-70% of gasoline; 70-90% of natural gas; and over 70% of urea fertilizer. Petrovietnam also plays an important role in ensuring national defense and security at sea. In particular, Petrovietnam proactively researches, produces, and supplies 100% of specialized fuels for national defense.
Petrovietnam is a company known for its scientific and technological development, contributing to improving the level of the national production force. The Group has mastered 27 strategic technologies in the entire oil and gas - energy value chain at world level and has made many contributions to science and technology in this field.
Petrovietnam 's ecosystem creates a close link between energy, industry, and services, contributing to ensuring energy security. Photo: Petrovietnam.
In the first 10 months of 2025, facing fierce fluctuations in the world market and falling oil prices, Petrovietnam has proactively and resolutely implemented many solutions, focusing on maximizing exploitation capacity at existing blocks and mines, operating factories at maximum capacity, expanding international markets, and expanding revenue from new products and services. Thanks to that, Petrovietnam's total revenue recorded VND 891 trillion, an increase of 8% over the same period in 2024. The Group's State budget contribution in October 2025 exceeded 40% of the yearly plan, reaching the target 4 months ahead of schedule, estimated at VND 128.8 trillion.
According to the survey results of VNR500 enterprises by Vietnam Report, in terms of total revenue, the industries with large revenue scale still belong to Finance (1,803 trillion VND), Minerals, petroleum (1,578 trillion VND) and Electricity (1,028 trillion VND).
Under the leadership of the Party and State, Petrovietnam has spent 50 years accompanying the country, being the driving force for the country's economic and social development through the mission of ensuring "5 An": energy security, economic security, food security, national defense security and national sovereignty at sea, while contributing to ensuring social security.
By implementing the 5 “An” mission, Petrovietnam has affirmed its reputation and position as a leading economic group in the country with the “5 Best” achievements: Being the largest enterprise, with total consolidated assets exceeding 1 million billion VND, equity capital of more than 556 thousand billion VND.
Being the unit with the highest budget contribution, with an average of 160 trillion VND/year in recent years, accounting for 80.3% of the total budget contribution of 18 Groups and General Corporations in the state-owned enterprise sector; having the highest profit, when the period 2020-2025 reached 316 trillion VND, equivalent to an average of 2.2 billion USD/year.
It is the only enterprise that has won many prestigious awards in science and technology, including 6 Ho Chi Minh awards and 4 State awards, along with dozens of prestigious domestic and international inventions.
In particular, as a leading enterprise achieving the highest level in social security activities, in the 2020-2025 period alone, it has spent more than 5.13 trillion VND.
Source: https://nongnghiepmoitruong.vn/petrovietnam-giu-vi-tri-so-1-doanh-nghiep-noi-dia-vnr500-nam-2025-d784224.html
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