- April 20, 2007: Phuong Dong Oil Product Transportation Joint Stock Company was established with a charter capital of VND100 billion under the business registration certificate No.4103006478 issued for the first time by Ho Chi Minh Department of Planning and Investment;
- March 03, 2009: Renamed as Phuong Dong Viet Transportation Oil Joint Stock Company under the business registration certificate No.4103006478 amended for the fourth time by Ho Chi Minh Department of Planning and Investment;
- May 04, 2010: Charter capital was increased to VND140 billion;
- December 17, 2013: Charter capital was increased to VND170 billion;
- November 04, 2014: Charter capital was increased to VND200 billion;
- April 20, 2017: Traded on UPCOM market;
- March 09, 2019: Charter capital was increased to VND266 billion;
- November 20, 2019: Increased charter capital to VND295 billion.
- August 31,2021: Increased charter capital to VND311 billion.