- Producing and trading goods, drilling fluid. Traditional products can be named such as Barite API DAK, Bentonite API DAK, Oil Well Cement G DAK, Calcium Carbonate DAK.

- PVC supplies drilling fluid services, technical services, consulting services and specialized applications in the fields of drilling fluid, work-over fluid, and environment treatment.

- Trading of condened natural gas (CNG).

- Producoing and wholesaling industrial gas (Oxigen, Hyrdo, Nitrogen)

- Supplying and manahing human resource

- March 08, 1990: Established Drilling Mud Company with initial capital of VND755 million.

- August 12, 1991: Established ADF -  Vietnam Company (currently M-I Vietnam Joint Venture Company) on August 12

- October 18, 2005: Equitized and renamed as Drilling Mud Joint Stock Company.

- November 15, 2007: Traded on Hanoi Stock Exchange (HNX) (Ticker: PVC).

- May 30, 2008: Renamed as PetroVietnam Drilling Mud Joint Stock Company.

- January 09, 2020: Renamed as PetroVietnam Chemical and Services Corporation.