Work begins on southern oil refinery

Wednesday, Sep 10, 2014

The Vung Ro Oil Co. Ltd. (VRP) began site leveling for construction of the Vung Ro Oil Refinery & Petrochemical project yesterday morning.

Work set to begin on billion-dollar refinery

Thursday, Sep 04, 2014

The concerned agencies will break ground for the US$3.18-billion Vung Ro Oil Refinery in the south-central Phu Yen province on September 9.

Billion-dollar projects in central coastal provinces

Tuesday, Jun 10, 2014

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.

Banking sector saw total assets rise in August

Tuesday, Oct 08, 2013

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.

New licence granted for refinery investment

Monday, Oct 07, 2013

Vung Ro Petroleum Ltd has received a modified investment licence from the People''s Committee of central Phu Yen Province for the development of the planned Vung Ro oil refinery project.

Phu Yen Province vows space for new refinery

Tuesday, Sep 10, 2013

Central Phu Yen Province plans to hand over land to the investor of the Vung Ro oil refinery project at the end of the year.

Oil refinery to lift capital investment

Wednesday, Jul 03, 2013

Central Phu Yen Province will allow the planned Vung Ro oil refinery project to increase its investment capital from US$1.7 billion to $3.18 billion.

Planned oil refinery capacity increased

Wednesday, May 08, 2013

The planned Vung Ro oil refinery project in central Phu Yen province would increase investment capital from US$1.7 billion to $3.18 billion and its capacity would be doubled to 8 million tonnes a year.