Contract signed for world’s most modern hot-rolled mill Business

Contract signed for world’s most modern hot-rolled mill

Hoa Phat Dung Quat Steel Joint Stock Company and Italy’s metal plants supplier Danieli Company have signed a contract to install thin slab caster and hot-rolled mill for the Hoa Phat Dung Quat iron and steel production complex in the central province of Quang Ngai.
Dung Quat oil refinery upgrade lacks capital Business

Dung Quat oil refinery upgrade lacks capital

The multi-billion-dollar Dung Quat oil refinery upgrade and expansion project is being implemented slowly and its operator has repeatedly asked the Vietnamese Government for support and incentives.
PetroVietnam cracking down on losses Business

PetroVietnam cracking down on losses

The Vietnam National Oil and Gas Group (PetroVietnam) has decided to form teams to handle its loss-making projects since the snail-pace progress of the process has displeased the Government.
IP land occupancy rate reaches 73 percent Business

IP land occupancy rate reaches 73 percent

The occupancy rate in operational industrial parks (IPs) across the country has reached 73 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.
 Dung Quat Refinery plans for IPO Business

Dung Quat Refinery plans for IPO

Vietnam’s first oil refinery operator Binh Son Refinery and Petrochemical Co Ltd (BSR) has planned its domestic initial public offering (IPO) with 5-6 percent of its capital in the fourth quarter of the year.
 Sovico, BSR in investment talks Business

Sovico, BSR in investment talks

Investment firm Sovico Holdings is in talks with the Binh Son Refining and Petrochemical Company (BSR Co Ltd) on exploiting opportunities arising out of the latter’s equitisation process.
Vietnam refinery predicts profit dips Business

Vietnam refinery predicts profit dips

Dung Quat Refinery in the central province of Quang Ngai is aiming to decrease its turnover by 17 percent this year, a 2017 target of 62.4 trillion VND (2.77 billion USD).