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
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
Southern Vietnam province hopes to lure FDI for industrial development
The southern province of Ba Ria-Vung Tau plans to attract foreign direct investment (FDI) in 110 new projects across various industries, according to local authorities.
Economy - Wed, January 31, 2024 | 2:38 pm
Vietnam operations result in $1.26 bln revenue for Thai giant SCG in 2023, topping overseas earners
Thailand’s Siam Cement Group (SCG) earned revenues of THB121.85 billion ($3.45 billion) from overseas business in 2023, down 23% year-on-year, including THB44.55 billion ($1.26 billion) from Vietnam, down 25%.
Companies - Tue, January 30, 2024 | 3:29 pm
Russia’s TAIF eyes petrochemical plant investment in central Vietnam
TAIF, a major petrochemicals and energy player in Russia, has shown interest in investing in a petrochemical plant in Vietnam’s central coastal province of Khanh Hoa.
Industries - Fri, November 24, 2023 | 8:30 pm
Finance ministry rejects Long Son Petrochemical proposal for higher import taxes
The Ministry of Finance has disagreed with a proposal by Long Son Petrochemicals (LSP), the investor of the $5.4-billion Long Son Petrochemicals Complex, to raise the most-favored nation (MFN) tax on some plastics products from 0% to 3%.
Finance - Thu, November 23, 2023 | 12:24 pm
Petrovietnam, Petronas ink wide-ranging cooperation pact
Petrovietnam and Petronas, national oil companies of Vietnam and Malaysia, respectively, have signed a memorandum of cooperation (MoC) in renewable energy, gas, upstream and downstream sectors.
Energy - Wed, November 15, 2023 | 3:48 pm
Nghi Son oil refinery needs personnel, financial restructuring: Prime Minister
Nghi Son Refinery and Petrochemical LLC (NSRP), which operates the Nghi Son oil refinery in central Vietnam, needs to push ahead with personnel, governance and financial restructuring, said Prime Minister Pham Minh Chinh.
Industries - Sun, November 12, 2023 | 4:03 pm
Investors keen on metallurgy, petrochemical refining potentials in Phu Yen province: mayor
Many major investors are interested in exploring opportunities in metallurgy, petrochemical refining and industrial parks in the South Phu Yen Economic Zone (EZ), a provincial leader said Tuesday.
Industries - Wed, November 8, 2023 | 4:05 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
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
$1.5 bln petrochemical complex in northern Vietnam receives technology transfer certificate
Quang Ninh authorities granted a polypropylene (PP) production technology transfer certificate to Vietnam's Stavian Quang Yen Petrochemical JSC on Friday to implement its $1.5 billion petrochemical project in the locality.
Industries - Sun, October 1, 2023 | 3:46 pm
- Editor’s Picks
-
Vietnam data market charms foreign players: property firms
-
Vietnam healthtech sector turns investment magnet
-
Site clearance deadline set for $2 bln northern Vietnam LNG power plant
-
Six miles and beyond: Vietnam draft law sets offshore boundary
-
Trungnam Group eyes green energy development in Ninh Thuan province
- Most Read
Investors flock to central Vietnam for renewable energy projects
Energy - Update 17 hr ago
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
Banking - Update 4 day ago
- Editor’s Picks
-
Vietnam data market charms foreign players: property firms
-
Vietnam healthtech sector turns investment magnet
-
Site clearance deadline set for $2 bln northern Vietnam LNG power plant
-
Six miles and beyond: Vietnam draft law sets offshore boundary
-
Trungnam Group eyes green energy development in Ninh Thuan province
