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Direct Wholesale

Petrolimex Saigon has organized “Direct Wholesale Channel" to primarily serve the custormers' needs of direct use of petroleum for the productiont. Our customers are the factories, industrial parks, households, ... in Ho Chi Minh City and surrounding provinces. Petrolimex Saigon has occupied the large market share on this channel in Ho Chi Minh City.

The primarily distribution materials for the customers on this channel are kinds of mazout and diesel.

The marketing staffs of Petrolimex Saigon are very professional, devout, experienced; there is our supply system to ensure sufficient quantity, proper quality, to meet the requirements of delivery progress; along with the best prestigious service.

The Direct Wholesale Channel Policy

1.The policy of ensuring oil sources:(including both the progress and delivery time / delivery overtime)

  • Petrolimex Saigon commits to ensure enough oil sources to supply the customers’ needs in the normal situations. In the case of imbalance in terms of sources, our company will perform in the following order of priority.

2. The price policy:

  • The price announced for all objects on each of the sales channels are the same – as the price due to Director of Company issued on the documents “Decision of Pricing”.
  • In the case of payment in advance, depending on executive objective in each stage, to be reduced by a maximum of the equivalent of the interest rate of short-term loans by the Bank.
  • For The Direct Wholesale Channel, Petrolimex Saigon:
    • Keep fixed prices (if customers have any requirements) on the basis of calculation, forecast the trend of oil price in the domestic market and world market to agree the suitable price, ensure the effective business.
    • Make preferential discounts by purchasing volume and time for payment in normal trading conditions, according to the following principles:
      • If customers buy large volumes and short payment terms, it’s low price; and vice versa.
      • Basing on the customers of actual volume to be bought in last month (sum up all materials) and the actual payment terms to perform a discount price automatically in all cases for next month against the level of being declared prices issued by Director of company on the document “The Decision of Pricing” at each moment.

3.The credit policy:

  • In order of priority sales according to distribution channel, terms and conditions of payment are as follows: Prepayment – Bank Guarantee – Mortgage – Credit.
  • For the direct wholesale channel, base on credit limit target of Petrolimex Group, Petrolimex Saigon will decide the deferred payment terms and credit limit that are based on considering financial ability, the cycle of production and the consumption of each customer's products.
  • Credit limit: is calculated on the basis of the number of days stated on the credit and the average execution sales month of the year before or the output on the purchase agreement (if customer is new).

4.The after-sales service policy:

  • When customers buy petroleum products but there are no oil storage spaces and the means to get out within the bill and would like to resend the stock-keeping warehouse, the company will switch over the stock-keeping source and collect the oil storage fee. In this case, only applies to customers who purchase domestically, and only implement when customers pay for in advance and does not have matured liabilities in any distribution channels.

Trading Procedure

If customers have any requirements, please feel free to contact directly with:

Sales Department - Petrolimex SaiGon

Address: 15 Le Duan Boulevard, District 1, Ho Chi Minh City.

Telephone: (84 28) 3829 2081

Fax: (84 28) 3822 2082


Petrolimex Saigon will appoint makerting expert to introduce our services and find out about customers’ requirements in order to help customers can quickly become our partners.