OSC Vietnam: 36 Year Stature

A span of 36 years is not long, but enough for the National Oil Services Company of Vietnam Limited (OSC Vietnam) to affirm its position in the market with steady steps and enthusiasm of a company always desiring to devote every effort for the prosperity of the nation.

Looking back 36 years ago and today OSC Vietnam full of vitality, we will understand clearly the change in quality and quantity and respect the hands, the minds and the hearts of thousands of people devoted to the development of OSC Vietnam.

 

After 36 years of operation, the company has constantly developed in both scale and scope of operation and become a leading brand of the oil and gas industry and tourism industry in Vietnam. The scope of OSC Vietnam’s operations has spread across the country. Apart from the headquarters in Vung Tau City, Ba Ria - Vung Tau province, the company also has branches and business presences in various localities across the country, including Hanoi, Ho Chi Minh City and Tay Ninh. OSC Vietnam now has nine subordinates, four subsidiaries, and 10 associated companies. The company now has nearly 2,000 employees.

 

Currently, OSC Vietnam is engaged in three main fields, namely tourism, oil and gas services, construction and real estate.

 

Two important milestones that marked the deep and broad penetration and professionalism and confirmed the significant development in its oil and gas services were the formation of Oil Services Company of Vung Tau (OSC Vung Tau) in 1989 and OSC Technical Services Company Ltd (OSC Tech) in 2011. Presently, OSC Vietnam is supplying a variety of oil and gas services like head-office rent, working office rent, vehicles, catering services, offshore logistics services, and technical and equipment supply for oil and gas, shipbuilding, ocean shipping industries and industrial zones.

 

In spite of being a newcomer in the construction and real estate market, OSC Vietnam has confidently demonstrated that its superior capabilities can fully compensate for its professional experience in construction industry. The company has taken on many large-scale projects like restoring Hoa Binh Hotel (Hanoi), Minh Tam Guesthouse (Da Lat), Thong Nhat Hospital (Ho Chi Minh City), a five-star luxury hotel - apartment complex in Bai Truoc (Vung Tau City), and Dong Dai Duong Star Hotel. In particular, two projects that marked the company’s involvement in housing and office markets were the construction of a high-rise office tower at 161 Vo Van Tan Street (Ho Chi Minh City) and the OSC Land Apartment (Vung Tau City).

 

Tourism has been identified as the core business for OSC Vietnam from its inception. As regards accommodation services, OSC Vietnam now owns 10 hotels, one luxury apartment building, and 36 villas with 1,000 bedrooms. Along with completing infrastructure systems, human factor is always a top priority of the company as employees not only help improve service quality but also make huge changes in product quality. Therefore, in recent years, although international visitor arrivals to Vietnam tend to decline on global economic crisis, OSC Vietnam hotels have still kept steady growth and seen occupancy rates of over 80 percent, of which more than 70 percent are occupied by international visitors. OSC Vietnam has become a representative brand for Ba Ria - Vung Tau province's tourism industry.

 

Apart from the success of lodging facilities, OSC Vietnam’s travel brand is always loved and trusted by customers. Its affiliated travel units like OSC Vietnam Travel and OSC First Holiday are the trusted addresses for both domestic and international tourists.

 

Never satisfied with its successes, OSC Vietnam is firmly advancing, even facing and dealing with hardships and challenges, it is making its dreams reality in the tourism and oil and gas services industries of Vietnam. To assert its brand name and position on the market, OSC Vietnam has launched the Strategy for the 2012 - 2020 period, focusing on “three major pillars" of tourism service, oil and gas services, and real estate business, where tourism is the foundation sector, oil and gas is the groundbreaking business sector, and real estate is the value-adding business sector. This three-pillar position will be the launching pad for OSC Vietnam to become a strong brand name in industry in Vietnam and Southeast Asia.