Introduction

Petroleum General Distribution Services Joint Stock Company is a Vietnam-based distributor of mobile phones, laptops and electronic components. Since July 2012, the Company has become a distributor of Samsung-branded mobile phones in Vietnam. Since 2008, the Company has broadened its product range to laptops and personal computers (PC) under brand names of Acer, Hewlett Packard (HP), Dell, Fujitsu and Lenovo. Since 2009, it has been distributing electronic parts and components, such as Universal Serial Bus (USB) ports, memory cards, Random Access Memory (RAM), mobile hardwares and computer mouses, among others. Since November 2012, the Company has also been distributing smart toys imported from Germany.

Business sector

  • Trading office equipment, industrial machines and equipment;
  • Wholesaling electric machine, equipment and materials;
  • Trading telecommunication equipment;
  • Trading, wholesaling  computers and equipment;
  • Transporting goods by car;
  • Providing agency, consignment service for goods;
  • Providing logistics and forwarding services;
  • Wholesaling smart toys and sports equipment;
  • Wholesaling household elctric items and lamps;
  • Retailing souvenirs;
  • Wholesaling garment products;
  • Repairing computer and peripheral devices;
  • Marketing;

History

Date of incorporation 20/04/2007
Certificate of registration number 0305482862
Date of issue 15/12/2023
Capital 518,278,940,000
Tax Code 0305482862
Sectors & Industries Retail > Broadline Retailers

  • April 1, 2007  : Members of the Petrosetco - Nokia Project enthusiastically created a business plan for convincing Nokia Corporation to choose Petrosetco as official distributor for Nokia cell phone in Vietnam.
  • April 20, 2007 : Petrosetco established Branch of PV Telecom (PVT) to distribute Nokia cell phone in Vietnam.
  • June 2007  :Petrosetco signed Memorandum with Nokia Corporation. PV Telecom officially became the Distributor for Nokia products in Vietnam.
  • April 2008 :Branch of PV Telecom became Petrosetco Distribution Limited Company (PSD). The change shapes PSD’s vision to be specialized in distribution service with various and wide-range products.
  • July 2008  : SD officially became the distributor for Acer laptop in Vietnam. Within 6 months later, PSD has been the distributor for many other famous IT products such as Dell, Hp, Lenovo, eMachines and Gateway.
  • February 2010  : PSD became the distributor of some famous brands of accessories such as HDD of Adata, Kingston, Kingmax; Genius mouse, ram of Elixir and Kingston; Samsung printer; Chip AMD, 3M Filter Screen, Asus mainboard, and Huawei USB 3G…
  • June 2011: PSD became the authorized and unique distributor for Fujitsu products in Vietnam.
  • July 2011  : January 7, 2011, Petrosetco Co., Ltd officially had his business type changed to joint stock company with its official name as Petrosetco Distribution Joint Stock Company. Its charter capital at that time was VND 120 billion.
  • April 2012 :PSD became the authorized distributor for ZyXEL products in Vietnam.
  • June 2012   : PSD became the authorized distributor for Samsung mobiles in Vietnam.
  • June 2012  : PSD became the authorized distributor for Lenovo products in Vietnam.
  • November 2012  : PSD has officially expanded its distributed products to include smart toys for kids, and follows that is the grand opening of the Smarttoys brand.
  • April 2013 : PSD became the exclusive distributor of Otterbox - the #1 selling case for smartphones worldwide.
  • On Apr 03, 2013, the company’s charter capital increased to VND 142.227.000.000.
  • On June 26, 2015, its charter capital was adjusted to VND 213.265.490.000.

Listing information

Date of listing 15/12/2023
Stock exchange HASTC
Par Value 10,000
Initial Listing Price 60,000
Listing Volume 51,827,894
Total Listing Value 518,278,940,000

Management team

Cao Thanh Hùng Members of the Board
Vũ Tiến Dương Members of the Board
Trần Quang Huy Members of the Board
Bùi Vũ Quỳnh Như Member of the Board of Internal controllers
Lê Minh Kha Member of the Board of Internal controllers
Sơn Chí Tân Member of the Board of Internal controllers
Vũ Tiến Dương CEO
Phan Hải Âu Vice- president
Nguyễn Mạnh Lân Vice- president
Phan Hải Âu Chief Accountant
Phan Hải Âu Representative Spokesman