Since 2012, BSR has cooperated with the Ministry of National Defence to develop fuel. Most fuels for defence equipment had previously been imported from abroad.
The joint initiatives between NSRP and BSR encompass resource sharing, expertise exchange, technical and maintenance services, collaboration in raw material and oil product exchange.
Viet Nam’s largest refining and petrochemical firm, Binh Son Refining and Petrochemical JSC (BSR), reported that third-quarter profits reached more than VND171 billion (US$7.37 million).
The company suffered a loss of VND4.25 trillion in the first half of the year while it enjoyed a post-tax profit of VND704 billion in the same period in 2019.
Viet Nam’s largest refining and petrochemical firm, Binh Son Refining and Petrochemical JSC (BSR), asked for tax exemptions to overcome current and future difficulties in the oil industry.
The company plans to list more than 3.1 billion shares on the northern stock market, representing its charter capital of VNĐ31 trillion (US$1.34 billion)
Binh Son Refining and Petrochemical Co Ltd (BSR) contributed more than VND11 trillion to the State budget in 2018, becoming PetroVietnam''s largest State budget contributor.