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Vietnam seeks to contain Covid outbreaks in industrial parks housing foreign giants

Authorities are scrambling to contain Covid-19 outbreaks in industrial parks to ensure the operations of manufacturing giants like Samsung, Canon and Foxconn are not affected. - VnExpress International

Refinery operator BSR back in the black - VnExpress International

Refinery operator BSR back in the black - VnExpress International
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Vietnam lures 5 46 billion USD in foreign investment | Business

investment licences with total registered capital of 3.31 billion USD, a year-on-year fall of 33.9 percent. Meanwhile, 115 existing projects adjusted their investment capital with a total additional sum of 1.61 billion USD, or 2.5 times higher than the same time last year. Capital contributions and shares purchases by foreign investors stood at 543.1 million USD, down 34.4 percent. Foreign investors pumped capital in 17 sectors, with processing and manufacturing holding the lead with over 3 billion USD or 55.7 percent, followed by power production and distribution with 1.44 billion USD (26.5 percent), real estate 485 million USD, and science-technology nearly 153 million USD. Japan topped the list of 46 countries and territories landing investment in

Dung Quat Refinery operates at 108 percent of design capacity

Dung Quat Refinery operates at 108 percent of design capacity Binh Son Refining and Petrochemical JSC (BSR) has operated Dung Quat Oil Refinery at 108 percent of its design capacity in a safe and stable fashion in February to meet the domestic market’s increasing demand during the traditional Lunar New Year (Tet) festival. According to BSR Deputy General Director Bui Ngoc Duong, thanks to the sound operation, the company was able to take advantage of an increase in prices of global crude oil, and better crack margin. Flexible adjustments have been made to the Dung Quat Oil Refinery’s operation so as to optimise the output of RON 95, RON 92 and diesel, while reducing the amount of Jet-A1 fuel since demand for the fuel remained weak due to the COVID-19 pandemic.

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