On July 21st, 2021, PetroVietnam Oil Corporation (PVOIL) held a ceremony to announce the Decision to change the capital share representative and the Decision to appoint new directors for two subsidiaries are Petrovietnam oil Phu Yen JSC (PVOIL Phu Yen), and Petrovietnam oil Tay Ninh JSC (PVOIL Tay Ninh)
The ceremony was attended Mr. Cao Hoai Duong, Secretary of the Party Committee and Chairman of the Corporation, PVOIL President & CEO Doan Van Nhuom, Mr. Nguyen Anh Toan, Vice President of PVOIL and Chairman of PVOIL Phu Yen, Mr. Nguyen Dang Trinh, Vice President of PVOIL and Chairman of PVOIL Tay Ninh. The event was also attended by Board members and key officials of the two subsidiaries.
According to the decisions, Mr. Ngo Van Nhiem was appointed as the new representative of PVOIL’s capital share and he will be the new director of PVOIL Phu Yen, starting August 1, 2021. He replaces Mr. Nguyen Thai Dinh who will retire.
Mr. Tran Ngoc Hung, Deputy Director of PVOIL Tay Ninh will be PVOIL’s capital representative and new director of PVOIL Tay Ninh from July 19, 2021. He replaces Mr. Ngo Van Nhiem.
At the ceremony, Corporate’s Party Secretary and Chairman Cao Hoai Duong thanked Mr. Nguyen Thai Dinh for his contribution during his 36 years in PVOIL Phu Yen. As the company’s director, Mr. Dinh together with the Board of Directors and employees built PVOIL Phu Yen to become one of the leading units of the PVOIL in terms of number of petroleum stations, business volume, retail and wholesale volume, and income for employees... On behalf of the Board of Management of the Corporation, Mr. Duong wished Mr. Dinh and his family health, joy, and happiness.
Mr. Cao Hoai Duong congratulated Mr. Ngo Van Nhiem on being promoted to a new role. This will be an honor, responsibility and a challenge for Mr. Nhiem since PVOIL Phu Yen is a big subsidiary of PVOIL. It had positive business results in recent years.
Mr. Cao Hoai Duong suggested Mr. Nhiem promote his expertise in business management in this new role as well as continue to improve himself for achieving better business results. He expected that under Mr. Nhiem’s management, PVOIL Phu Yen will continue to maintain its current position and continue to grow in the near future.
For PVOIL Tay Ninh, Mr. Cao Hoai Duong acknowledged Mr. Nhiem’s efforts during the time he served as a director. Although Tay Ninh province is not a favorable business area, PVOIL Tay Ninh has gradually overcome difficulties, taken advantage of opportunities, and achieved good business results in the first 6 months of 2021.
Congratulating Mr. Tran Ngoc Hung who has been appointed to the position of director of the Company, Mr. Duong suggested Mr. Hung promote the strengths of himself and the unit to continue to improve the business. Mr. Hung was encouraged to join the Board of Directors and staff for maintaining and developing the achievements in the first 6 months of 2021, create the basis for the development of PVOIL Tay Ninh.
Mr. Nguyen Anh Toan, Vice President of PVOIL and Chairman of PVOIL Phu Yen thanked Mr. Nguyen Thai Dinh for making important contributions to the development of PVOIL Phu Yen. The PVOIL Phu Yen’s favorable business results in the first 6 months of 2021 are good conditions for Mr. Nhiem to take over the task. In addition, Mr. Ngo Van Nhiem was asked to work with his predecessors and officers to promote the strengths of the company for maintain close relationships with agencies, localities, and social security in the locality, and pay the local budget.
Addressing the assignment, Mr. Ngo Van Nhiem thanked the PVOIL leaders and PVOIL Phu Yen for their trust in giving him the task. He realized that this is both an honor and a responsibility when he was assigned to the position of Director of a big and successful company. Mr. Nhiem looks forward to continuing to receive the attention and guidance of the Corporation’s leaders. He hopes to receive cooperation and consensus from the leaders and employees of PVOIL Phu Yen and support from Mr. Nguyen Thai Dinh. Mr. Nhiem promised to do his best to complete the assigned task.
Mr. Tran Ngoc Hung expressed his gratitude to PVOIL leaders and PVOIL Tay Ninh. He promised to join the Board of Directors and employees of PVOIL Tay Ninh to maintain and improve the spirit of solidarity. He determined to complete the planned targets in 2021, bringing PVOIL Tay Ninh to develop stably, safely, effectively, and in line with the Corporation’s strategy.
Mr. Cao Hoai Duong, Secretary of the Party Committee, Chairman of PVOIL (left), Mr. Doan Van Nhuom, PVOIL President & CEO (second from right), Mr. Nguyen Anh Toan, Vice President of PVOIL, Chairman of PVOIL Phu Yen (right) hand over the Appointment Decision and flowers to Mr. Ngo Van Nhiem
Mr. Cao Hoai Duong - Secretary of the Party Committee, Chairman of PVOIL (left), Mr. Doan Van Nhuom, PVOIL President & CEO (right), Mr. Nguyen Dang Trinh, Vice President of PVOIL, Chairman of PVOIL Tay Ninh (second from right) award the Appointment Decision and flowers to Mr. Tran Ngoc Hung