- Producing and trading lube oil products.

- Importing, exporting lube oil-related products.

- Producing and trading lube oil-related equipment.

- Trading petroleum as an agent.

- Transporting petroleum.

- Trading warehouse, office for lease.

- 1991: VIDAMO Lubricant Enterprise was established.

- 1992: VIDAMO Lubricant Enterprise was transformed into VIDAMO Company.

- 1996: Oil Refinery and petrochemicals Company merged with VIDAMO Company, became Petro Vietnam Oil Processing and Distribution Company PDC.

- 2008: The manufacturing and trading departments of PV Oil were transfered into VIDAMO Petrochemicals one member Ltd. company.

- 2009: Equitized and became VIDAMO Petrochemicals JSC.

- 2012: Renamed to PV Oil Lube Joint Stock Company.

- 12 January 2016: Traded on the UPCOM market.