AsemconnectVietnam - Having completed its restructuring and business model transformation from a gas distribution unit to a reputable energy solution provider in Vietnam and the region, Vietnam Gas Corporation (PV GAS - ticker GAS), the flagship unit of the Vietnam National Energy and Industry Group (Petrovietnam), continues to affirm its position as a pillar enterprise of the economy with revenue reaching over VND135,000 billion, equivalent to 1.1% of Vietnam's GDP in 2025.

According to the 2025 socio-economic report, the size of Vietnam's GDP at current prices is estimated at approximately VND12.85 million billion (equivalent to USD 514 billion). Of these, only 14 enterprises achieved revenue exceeding 1% of GDP in the group of "leading engines" driving growth.
Notably, businesses operating in the energy sector dominate 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 a crucial pillar of the economy, responsible for ensuring supply, making significant contributions to the budget, and stabilizing the macroeconomy.
In this overall picture, PV GAS recorded net revenue exceeding VND135,000 billion, equivalent to 1.1% of Vietnam's GDP, ensuring energy and food security by providing essential input gas for electricity, fertilizer, and industrial production.
2025 marks a strong growth milestone for PV GAS, with revenue increasing by more than 30% compared to 2024, reaching its highest level in its 35-year history; after-tax profit is expected to exceed VND11,500 billion. With these results, PV GAS continues to be one of the largest contributors to Petrovietnam, accounting for approximately 20% of total revenue and 23% of the Group's profit.
PV GAS's growth momentum stems from the comprehensive expansion of its business activities, with LPG/LNG maintaining high growth, especially in the international market, which is gradually becoming a new pillar. Alongside this, the company continues to optimize operational efficiency, improve infrastructure utilization, and implement focused investments, aiming to form integrated energy industrial centers in the future.
The achieved results reflect PV GAS's comprehensive transformation process with key focuses on: Shifting the business model; expanding international markets; restructuring the organizational structure for greater efficiency; improving management capacity; and optimizing costs.
Entering 2026 – a pivotal year for the next phase of development – PV GAS is orienting its sustainable development in depth, with strategic priorities including: market expansion; proactive infrastructure investment; seeking upstream opportunities and M&A; product diversification; promoting innovation and digital transformation; and perfecting a modern and flexible management system.
With its solid foundation, PV GAS aims to continue strong growth, striving to be among the Top 30 largest companies in Southeast Asia (Fortune Southeast Asia 30) in the 2026-2030 period, thereby making a positive contribution to Petrovietnam's goal of being among the Top 500 largest companies globally (Fortune Global 500) by 2030.
N.Nga
Source: VITIC/Tinnhanhchungkhoan