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

Hoa Phat Group acquires coke producer

Hoa Phat Group Co (HPG) has bought up nearly all outstanding shares in the Hoa Phat Energy Joint Stock Co, increasing its stake from 50 percent to 99.86 percent and turning the energy firm into the group's 11th subsidiary.