Danish global machinery equipment maker DenimoTech and Vung Ro Petroleum Company Limited yesterday signed an agreement to build a high-tech bitumen plant in the central coastal province of Phu Yen.
Vung Ro oil refinery project, with nearly US$3.2 billion investment from
the UK''s Technostar Management Ltd, is expected to begin in August,
according to People''s Committee of Phu Yen Province.
Vung Ro Petroleum, an independent company based in Viet Nam, and US
company Rose Rock Group have signed an agreement to develop a US$2.5
billion resort in Vung Ro Bay on the south central coast of Viet Nam.
Total assets for the entire banking industry by the end of August
reached VND5,248.57 trillion (US$238.57 billion), up by VND35.2 trillion
($1.6 billion) against last month.
