JBIC asked to help restructuring of loss-making oil refinery in Vietnam

JBIC asked to help restructuring of loss-making oil refinery in Vietnam

Vietnamese Prime Minister Pham Minh Chinh has asked the Japan Bank for International Cooperation (JBIC) to get involved in the restructuring of loss-making Nghi Son Refinery and Petrochemicals LLC (NSRP), the second oil refinery in the country.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

US firm strikes deal to settle Vietnam refineries corruption cases

US firm strikes deal to settle Vietnam refineries corruption cases

American chemical maker Albemarle Corporation has struck a $218 million plus deal with the U.S. justice department to settle corruption cases in Vietnam, Indonesia and India.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nghi Son oil refinery resumes full capacity on Sunday

Nghi Son oil refinery resumes full capacity on Sunday

The Nghi Son oil refinery in central Vietnam completed repairs last Friday and resumed full capacity from Sunday afternoon, in line with the request of Minister of Industry and Trade Nguyen Hong Dien.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7