The largest Vietnamese oil and gas company. 100% of the company's authorized capital belongs to the state. The company carries out activities for the extraction, transportation, processing of hydrocarbons in Vietnam, Malaysia, Indonesia, Mongolia, Algeria, Russia.
Gazprom Gas-Engine Fuel LLC jointly with Petrovietnam's subsidiary company PVGas and with Gazprom International in 2015 established a joint company PVGAZPROM Natural Gas for Vehicles. The joint company is developing a project "Construction of a mini LNG plant with a capacity of up to 20 million cubic meters of gas per year and LNG / CNG filling stations in southern Vietnam."