Operator of Vietnam’s first oil refinery sees Q1 profit fall 31%
Binh Son Refining and Petrochemical JSC (BSR), the operator of the first oil refinery in Vietnam – Dung Quat, reported an after tax profit of nearly VND1.12 trillion ($44 million) in the first quarter of 2024, down 31% year-on-year.
Companies - Thu, May 9, 2024 | 8:30 am
Steel major Hoa Phat to focus on core business, research high-speed train rails
Vietnamese steel giant Hoa Phat Group will focus its resources on its core business in the short term to compete with imports amid intensified industry competition, said its chairman.
Companies - Thu, April 11, 2024 | 6:52 pm
Dung Quat refinery set for $1.49 bln expansion to increase output by 16%
Binh Son Refining and Petrochemical JSC (BSR), the operator of Dung Quat oil refinery and a subsidiary of state-owned Petrovietnam, is set to spend VND36,397 billion ($1.49 billion) on expanding the refinery.
Energy - Mon, April 1, 2024 | 10:37 am
Vietnam’s first oil refinery prepares for fifth, most comprehensive maintenance
Binh Son Refining and Petrochemical JSC (BSR), operator of Dung Quat, Vietnam’s first oil refinery, will conduct its fifth general maintenance from March 15 to May 1, or 48 days.
Energy - Mon, February 26, 2024 | 3:25 pm
Operator of Vietnam’s first oil refinery sees 2023 profit drop 42% to $348 mln
Binh Son Refining and Petrochemical JSC (BSR), the operator of the first oil refinery in Vietnam – Dung Quat, reported a consolidated net profit of VND8.51 trillion ($348.5 million) in 2023, down 42.2% year-on-year.
Companies - Wed, February 14, 2024 | 10:42 am
$154 mln second VSIP Industrial Park in Quang Ngai province approved
Deputy Prime Minister Tran Luu Quang has approved the first phase investment of VSIP II Industrial Park in Dung Quat Economic Zone, Vietnam's central province of Quang Ngai, with an investment of VND3,737 billion ($154 million).
Industrial real estate - Sat, December 23, 2023 | 12:53 pm
Dung Quat set to become green, smart economic zone
The Dung Quat Economic Zone will be developed into a specialized, green, smart and sustainable economic zone, and continue to be the driving force for socio-economic growth in Quang Ngai province and the central key economic region, said a local official.
Industrial real estate - Fri, November 17, 2023 | 10:33 pm
Cash, bank deposits of Dung Quat refinery operator climb to $1.5 bln
Cash and bank deposits of Binh Son Refinery and Petrochemical JSC, which operates the Dung Quat oil refinery, reached nearly $36.47 trillion ($1.5 billion) by the end of Q3/2023, an increase of $446.5 million or 31.4% year-on-year.
Companies - Mon, November 6, 2023 | 11:00 pm
Vietnam central province partners with Invest Global to source FDI
The Management Board of Dung Quat Economic Zone and Industrial Parks in Quang Ngai province has signed an MoU with Hanoi-based consultant Invest Global to look for potential large foreign investors.
Industries - Wed, October 25, 2023 | 7:31 pm
Steel producer Hoa Phat to build 2 wharves in central Vietnam port
Hoa Phat General Port JSC, a subsidiary of steel giant Hoa Phat, has been given the green light to research, survey, and propose projects to build wharves No. 4 and No. 5 at Dung Quat I Terminal in line with planning, said Quang Ngai province's People’s Committee.
Infrastructure - Sat, October 21, 2023 | 9:55 pm
World’s No. 1 oil firm Aramco eyes petrochemical plant in Vietnam
State-owned Saudi Arabian Oil Group, or Aramco – the world’s largest oil producer, has expressed interest in building a petrochemical plant in Vietnam, which has been a net energy importer for years.
Energy - Fri, October 20, 2023 | 9:54 am
Steelmaker Hoa Phat welcomes first container ship to new port
The Hoa Phat Dung Quat general container port, invested by Vietnam’s biggest steelmaker Hoa Phat Group, welcomed its first container ship on Sunday.
Companies - Tue, August 22, 2023 | 5:15 pm
Nghi Son oil refinery to pause operations for maintenance
The Nghi Son oil refinery will pause operations for 55 days starting August 25, as it undergoes its first major maintenance after five years of operation.
Energy - Tue, July 25, 2023 | 10:20 pm
Korea industrial giant Doosan's Vietnam unit earns $100 mln profit in 2022
Doosan Enerbility Vietnam Co., Ltd., the Vietnamese unit under South Korean industrial giant Doosan, earned a net profit of KRW129.72 billion ($100.6 million) in 2022, doubling year-on-year, according to Doosan Corporation’s consolidated financial statements.
Companies - Wed, July 12, 2023 | 11:50 am
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