Business

Nghi Son oil refinery helps boost economic development

2013 marked an important milestone for the central province of Thanh Hoa as the construction work started on its Nghi Son Oil Refinery and Petrochemical Complex (NSRP) – the largest-ever in Southeast Asia and also the largest FDI project in Vietnam - with capital topping 9 billion USD.
Business

Oil sector to focus on refinery, petrochemistry

An executive from the Vietnam National Oil and Gas Group (PetroVietnam) has stressed the need to develop the refining and petrochemical industries to help safeguard national energy and food security.
Dung Quat refinery performs well in first seven months Business

Dung Quat refinery performs well in first seven months

The Dung Quat Oil Refinery Plant, which is operated by Binh Son Refining and Petrochemical Company (BSR), sold 3.3 million tonnes of oil and gas products in the first seven months of this year, reaching 58 percent of its target.
Business

Quang Ngai wants to draw Japan’s investment

The central province of Quang Ngai is in need of assistance with industrial and urban development, improving the quality of human resources and sustainably managing poverty reduction in six mountainous districts.
Business

Distributors told to ensure petrol supply

Petrol supplies must be assured in both reserve and type regardless of circumstance or great difficulty, according to the Government's direction.

"Any enterprises which don't conform to the regulation must face the responsibility. We will take drastic measures to assure this as we are resolved to deal with violating parties," Deputy Minister of Industry and Trade Nguyen Cam Tu said at a meeting with key petrol enterprises on March 12.
Business

Foreign investors interested in Dung Quat refinery

As much as 49 percent of Dung Quat oil Refinery shares is likely to be sold to foreign firms, according to Nguyen Hoai Giang, General Director of Binh Son Refining and Petrochemical Company (BSR), which is in charge of Dung Quat.
Business

Marine shippers face tough times

The domestic marine transport industry will face major challenges this year due to a sharply decreasing demand during the prolonged economic difficulty, industry insiders have said.
Business

Dung Quat refinery gets 32 million USD loan

The Binh Son Refinery and Petrochemical Company, the operator of the Dung Quat Oil Refinery, on Sept. 29 inked a credit contract worth 32 million USD with Quang Ngai branch of the Joint Stock Commercial Bank of Foreign Trade of Vietnam (Vietcombank).
Business

Vietnam, Laos enhance local cooperation

Leaders of the Vietnamese province of Quang Ngai and the Lao province of Attepeu have agreed to promote cooperation in rural development, agriculture, education, health, culture, television broadcasting, science and technology, and human resource development.