The company drilling fluids and Chemical products, petroleum (PVC) established by decision No 182/QD-TCDK on 8/3/1990 was a member of the Vietnam oil and gas Corporation. On March 4, 2005, the company is drilling fluids and Petroleum Products Turned into stock companies by decision No. 1544/QD-TCCB by Ministry of industry; On October 18, 2005, the Corporation: drilling fluids and Petroleum Products Goods officially operating under the business registration certificate number 0103009579 issued by the Department of planning and investment in Hanoi on October 18, 2005. Business registration certificate is planning to invest the city level change for the third time on October 26, 2007; PVC company is the leading provider in the field of drilling fluids and petroleum products freight in the country, has 100% market share in the country through its subsidiary DMC-WS (100%) and Ml-Vie65tnam joint venture (51%, consolidated figures). In addition the PVC also manufactures and distributes the products and raw materials used in oil and gas extraction, PVC HNX listed in 2007. PVC company determines the target gradually progress to become the main supplier for the contractors in the region and in the world at the same time advance to make provide package services of drilling mud for drilling wells, contributing to the development of oil and gas services of Vietnam oil and gas Corporation. To accomplish this goal, the company has not stopped seeking raw materials, developing new products, improving product quality, corporate training as the basis to carry out and expand its services abroad.
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