PV Oil Laos celebrates 5th anniversary with expansion plans
Laos fuel retailer PetroVietnam Oil (PV Oil Laos) celebrated its fifth anniversary last Monday on the back of expansion plans, reported Vietnam News.
PV Oil Laos, a subsidiary of the PetroVietnam Oil Corporation (PV Oil), announced plans to continue their gas station expansion and increase its petrol business in Laos.
Huynh Nguyen Bach Tuyen, chairman of the PV Oil Laos board of directors, explained how their operations would tighten the strategic relations between Laos and Vietnam.
The company currently operates a network of 104 gas stations across 15 of the country´s 17 provinces, boasting revenues of more than $100 million every year.
PV Oil Laos´ success has encouraged PV Oil´s plans to increase their presence in neighbouring markets and overseas locations.
