About PetroVietnam Machinery – Equipment Joint Stock Company (PVMACHINO)

Company information
icon date22/07/2023

PVMACHINO- a large oil and gas machinery and equipment joint stock company in Vietnam with more than 65 years of experience in the fields of oil and gas supply, construction machinery and materials…

History 

PVMACHINO is the name merged from two names: the abbreviation Machinery and Parts Corporation (Machinoimport) and the equipment and spare parts corporation formed. Based on the decision of the Ministry of Trade and Tourism on March 3, 1956 and the General Department of Materials was established on March 3, 1960.

PVMACHINO provides service for wartime

During the long and long resistance war, the period of the French colonial period and the period of resistance against the US until the country was completely reunified. Machinoimport Corporation, the original company of PVMachino, has imported many types of machinery and equipment and spare parts for vehicles, construction, medical, communication, electrical materials…

These equipment and materials are intended to serve the entire industry of the country and provide for the industrialization and modernization of the country.

Over the years, the corporation has been awarded medals by the Party and State, and certificates of merit from the Government, the Ministry of Education and the Vietnam General Confederation of Labor.

PVMACHINO through name changes

The company has experienced the following development periods:

  • In 2003, the corporation changed to: Machine and Parts Company (Machinoimport)
  • In 2007, was a member of the largest oil and gas power company in Vietnam.
  • In 2008, the company was a member of the Vietnam Oil and Gas Group.
  • In 2010, the merger was carried out and changed its name to PetroVietnam Machinery and Equipment Joint Stock Company when international and commercial transactions were PVMachino.

Field of activity

The company specializes in activities such as operating, supplying equipment and materials for domestic and foreign companies in the oil and gas field. Replacement of spare parts, processing for repair work. Supply of raw materials for agricultural, forestry and service production, labor export.

In addition, PVMACHINO is also a large supplier specializing in wholesale and retail distribution of materials produced in construction for works and projects. At the same time, the company also provides equipment and spare parts for hydro and thermal power plants.

The success of the company

PVMACHINO is a member unit of many large corporations in Vietnam such as: PetroVietnam Energy Technology Joint Stock Corporation, Vietnam Oil and Gas Group, and Petroleum Construction Joint Stock Corporation, PetroVietnam Power Corporation.

Despite being a member of any unit, the company also successfully completed the assigned tasks, thus leaving many good impressions on friends, partners and customers.

Experiencing many difficulties in 65 years of formation. At the same time, inheriting the traditional features with a long history. With the consensus and determination to unite in the leadership team and enthusiastic and core staff, PetroVietnam Machinery and Technology Joint Stock Company continues to inherit and promote that tradition, overcoming difficulties and a step to success.

Future goals

The big goals and core values ​​that PVMachino is aiming for are:

  • Keeping up with modern technology trends
  • Building a nationwide network
  • Cooperation with major corporations in the world

In the next 5 years, the company will become the leading brand providing full service of petroleum equipment and machinery for businesses and stores nationwide.

In the next 10 years, the company will be one of the three largest companies in the country providing full services for thermal and hydroelectric power plants as well as supplying materials and equipment for large foreign investment in Vietnam.

PVMachino is the leading unit in the field of manufacturing oil and gas machinery and equipment in Vietnam.