Petronas Dagangan still set on exiting Vietnam

Malaysian company Petronas Dagangan will proceed with its plans to exit the Vietnamese market.
By Staff reporter 19 April 2017 0 25541

Malaysian company Petronas Dagangan will proceed with its plans to exit the Vietnamese market, according an article in The Edge quoting Managing Director Arif Mahmood.

Petronas Dagangan, which is 70% owned by Malaysian state oil firm Petronas, is still looking for a buyer for its LPG bottling and distribution operations in Vietnam, having sold its other LPG business to Total’s Vietnam-based subsidiary.

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