Mr. Phung Tuan Ha has been appointed President of Petrovietnam General Services Joint Stock Corporation (Petrosetco) at a meeting of shareholders.

Mr. Ha joined Petroleum Services Company (PSC) in 1990. After holding many important positions in Petroleum Technical Services Company, Petroleum Offshore Trading and Services Co., Ltd and Petrovietnam Assets Management Co., Ltd, Mr Ha was appointed as a member of the board of directors before becoming director general of Petrosetco in 2009.

Mr. Ha was trained in senior business administration and law. He also boasts extensive experience and outstanding strengths in managing and controlling commercial services. When in the position of director general, he set the target for Petrosetco to become a leading multi-business corporation with effective and sustained development. Accordingly, he encouraged the entire staff to dedicate to improving the corporation’s service quality to meet increasingly diverse and demanding customer requirements. Under the new president’s guidelines, Petrosetco has targeted VND9.5 trillion ($439.7 million) in revenue and a profit of VND188 billion ($8.7 million) after tax in 2015.

Thanks to his achievement and dedication, Mr. Ha was awarded the Prime Minister's Certificate of Merit in 2012, the best young businessman award from Ho Chi Minh City Young Business Association in 2008, and was given the title of emulation soldier by the Ministry of Industry and Trade in 2007, 2010, 2011 and 2013.