Fuel supply and demand to be stable in coming time: MoIT Business

Fuel supply and demand to be stable in coming time: MoIT

With current supply capacity, the local shortage of petroleum will be soon resolved, and the supply and demand for the domestic market will be stable, according to Tran Duy Dong, Director of the Domestic Market Department, Ministry of Industry and Trade (MoIT).
 Dung Quat Refinery operates at 108 percent of design capacity Business

Dung Quat Refinery operates at 108 percent of design capacity

Binh Son Refining and Petrochemical JSC (BSR) has operated Dung Quat Oil Refinery at 108 percent of the refinery’s design capacity in a safe and stable fashion in February to meet the domestic market’s increasing demand during traditional Lunar New Year.
Hoa Phat to launch Dung Quat 2 project in 2022 Business

Hoa Phat to launch Dung Quat 2 project in 2022

Vietnamese steel producer Hoa Phat Group will launch its Hoa Phat Dung Quat 2 iron and steel factory project in early 2022 with a capacity of 5 million tonnes per year, focusing on hot rolled coil (HRC) production using latest technology.
Hoa Phat posts surging imports from Australia Business

Hoa Phat posts surging imports from Australia

The Hoa Phat Group has reported some 700 million USD worth of imports from Australia this year, more than double the figure from last year and making the industrial manufacturer the largest Vietnamese client of the country.