Japan-Kuwait joint venture Idemitsu Q8, the first 100-percent-foreign-owned oil & gas retail company in Vietnam, has opened its third petrol station in the northern province of Hung Yen.
The upcoming operation of Idemitsu Q8 Petroleum LLC in Vietnam’s petroleum market is expected to increase the competitiveness of the local oil and gas product market.
Japanese oil firm Idemitsu Kosan Co.,Ltd (Idemitsu) and its partner Kuwait Petroleum International Ltd. (KPI) applied to register a joint venture company in Vietnam to sell petroleum products.