Stable and strong finance ability
As a sub-company of PetroVietnam General Services J.S Corporation (Petrosetco: listed on Ho Chi Minh Stock Exchange with PET symbol) – a subsidiary of PetroVietnam Group, Petroleum Industrial Materials Distribution Company (PIMD) has strong and stable finance ability and is always supported by Petrosetco in all business operations.
PIMD have professional market analysts, experienced salemen, and constantly update market information from big cusulting companies like ICIS, Platts, ChemOrbis, CCFEI, … Therefore, PIMD can catch the lastest changes of the both domestic and foreign market, which enable its ability to forecast markets’ future trends. PIMD always try our best to bring to our customers more value-added services with the weekly market reports of material goods.
Fast at-door delivery, easy and flexible payment method
With the motto “Always with passion”, PIMD always try our best to provide to all customers with maximum added values. After signing contract, PIMD will deliver ordered product to local customers’ warehouse in five (03) business days. For foreign customers, the time to delivery goods to customers is when PIMD receive payment in advance or LC based on agreed terms and condition in the sales contracts. With much faster delivery time compared to imported raw materials, customers can reduce their risks of raw material price fluctuations. Customers can also buy at one time and ask for partila shipment if they want.
The payment method is very flexible, buyers may pay in advance to get more discount, or pay after receiving cargo with bank’s payment guarantee, especially for some customers with good performance in the market, PIMD may give some credit based on agreement of both parties.
In addition, local customers that make payment to PIMD by Vietnamese Dongs (VND) can eliminate exchange rate risks, which has become one of the biggest risks to Vietnamese enterprises recently.
Wide customer network
After more than 4 year of operation, PIMD has established a wide customer network with more than 100 converters buying directly from PIMD. Besides, PIMD continues to build solid relationships with big traders in Vietnam and abroad, and potential customers interested in buying PIMD’s products.
PIMD has established 4 master warehouses: in Quang Ngai province with an area of 3000 m2, in Ben Nghe Port, Ho Chi Minh City (2500 m2) and in Hai Phong province with 2000m2 which support polypropylene and polyester business operation. Besides, PIMD also cooperate with orther business partner in order to use large scale warehouse system to support agricultural product business operation.