PetroVietnam Joinstock Finance Corporation (PVFC), a non-banking financial institution, previously known as PetroVietnam Finance Company, was founded in June 19, 2000 to contribute significantly for the vigorous development of PetroVietnam.

Over the course ofc onstruction and development, PVFC has become a powerful financial institution of PetroVietnam and PVFC has been appreciated as one of the fastest growing non-banking financial institutions in Vietnam. PVFCbrand name is widely asserted in the domestic financial and monetary market and has been initially stepped into the world market.

PVFC aims at financing PetroVi-etnam’s development, effectively using the industry’s financial sources to maximize profit and designing financial instruments to assist PetroVietnam’s Group staff policy. With those tasks, a number of PVFC’s creative products has been launched into the market and has become competitive ser-vices that strongly position PVFC in the financial market. Theseinclude co-financing, lending trust, invest-ment trust, investment advisory andbrokage,restructuring adviso-ry services, etc. Besides, PVFC also acts as a consultant on financial and monetary issues and financial restructuring for enterprises in the oil and gas industry. This rapid and sound development of PVFC is evi-dent of our role as a leading finan-cial institution of PetroVietnam.

On March 18, 2008, PVFC officially restructureditself from 100% state owned company into corporation named as PetroVietnam Finance Corporation intsead of PetroVietnam Finance Company. This step altered the basic mechanisms of operation and management. It is as well seen as a conductive foundation for PVFC to consolidate its business operation toward the goal of becoming a Finance Group by 2010.

On the path toward the goal, being Finance Group, PVFC is expanding its network nationwide and worldwide, diversifying its business activities, and upgrading itsmanagement apparatus into full capacity and professionalism and enhancing the management relations between the Corporation and its subsidiaries. PVFC focuses on developing package services such as credit, investment, financial services. Our key services, which are as important as the equitizating process, to which PVFC attaches importance are financial investment and financial advisory services. Apart from that, other principal services such as fund arrangement, capital and asset management, appraisal, private and financial services, etc., are gradually enhanced to better serve our clients’ demand.

The trend of integration and globalization brings in numerous opportunities as well as challenges to PVFC, among all Vietnamese enterprises. Yet, with confidence and ambition to succeed, PVFC is planned to become a leading financial group with a brand name known regionally and internationaly. This is not only the aspiration but also the pride of all members being in the PVFC home.