The Research On Company A’s Strategy Into Vietnam Petroleum Market

After decades of rapid economic development,China is now the world’s secondlargest economy,and it has cultivated many excellent and powerful companies.It is necessary for these companies to become global players and go into international markets.Chinese national oil companies always have the important responsibilities of national energy security and satisfy the petroleum demand of people’s daily life.As Chinese domestic petroleum market has developed from a lack of resources in the past to an overcapacity today,how to develop other countries’ markets and expand international trading business has become more and more important for many oil companies in China.Based on the research of the petroleum market in Vietnam-the Southeast Asian country,after the survey and comparative methods to analyze the policy,oil market environment,and competition situation of the market,summarize the success and failure experiences of the company A.After analyzing the difficulties and problems of the Vietnamese market,propose development strategies.The Vietnamese market is developed through strategies to improve warehousing and transit facilities,optimize supply strategies,and increase value of the service.Companies didn’t focus too much on International trading in petroleum filed and markets such as Vietnam in the past,and the study of these subjects is also rare.The propose of the strategies for new players who want join into petroleum markets in Vietnam,it is also a supplement to the lack of related study.This is references for companies who may concern them.