CNG VietNam JSC (CNG : HOSE)
Mission and strategic goals of CNG Vietnam
Developing rapidly the market of consuming CNG in the fields of industrial production, transportation and urban apartment buildings. Meeting the demand of CNG for industrial consumption households, apartment buildings and transportation. By 2015 its production will reach to 250 million Sm3 of CNG supplying to the market.
Main Functions and tasks of CNG Vietnam
- Producing, transporting and distributing products of CNG, LNG and LPG.
- Providing services of improvement, maintenance, repairing and installation of conversion equipment for vehicles, machinery and equipment using CNG, LNG and LPG.
- Providing services of construction, installation, maintenance and repairing of gas works.
Process of formation and development of CNG Vietnam
CNG Vietnam Joint Stock Company (CNG Vietnam) was established on May 28th, 2007, by the shareholders of the PVGAS South, DMC, PV Gas D in the Vietnam National Oil and Gas Corporation and some other companies in Vietnam as Habu Bank, IEV Energy ( Malaysia) contributing capital to establish.CNG Vietnam specializing in producing, transporting, distributing compressed natural gas (CNG) to serve the plants using thermal energy during production and processing; serving for the apartment buildings and used as fuel to replace petroleum in the transportation industry.
35I Road 30/4, Ward 9, Vung Tau City
Phone: +84 (64) 357-4635
Fax: +84 (64) 357-4619
CNG7Dec11 : Listing Report, Kim Eng Securities, 7 Dec 2011.
CNG3Jul12 : Company Visit, VietCapital Securities, 3 Jul 2012.
CNG13Nov12 : “High yield, compressed margins”, VietCapital Securities Initiate Coverage, 13 Nov 2012.
CNG3Jan13 : “Upside potential but rising risks”, Bao Viet Securities, 3 Jan 2013.
CNG26Feb13 : “Cash dividend assures a stable return”, Phu Hung Securities, 26 Feb 2013.