- 2009: Phu Yen General Materials JSC officially came into operation with a charter capital of VND117 billion, in which State Capital Investment Corporation (SCIC) held the controlling interest.
- 2010: SCIC transferred its stake in Phu Yen General Materials JSC to PetroVietnam Oil Corporation (PV Oil).
- 2011: Phu Yen General Materials JSC was divided into Phu Yen General Materials JSC and Phu Yen Cashew Joint Stock Company.
- 01 January 2012: Renamed as Petrovietnam Oil Phu Yen Joint Stock Company.
- 19 January 2016: Listed on Hanoi Stock Exchange (HNX);
- 02 March 2016: Traded on Hanoi Stock Exchange (HNX);
- 17 February 2021: Increased the charter capital to VND86.5 billion;