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Vung Ro

Phu Yen to get high-tech bitumen plant

Phu Yen to get high-tech bitumen plant

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.
Saudi Aramco partners PTT in oil refinery project

Saudi Aramco partners PTT in oil refinery project

Saudi Arabian oil company Saudi Aramco will be the strategic partner of the Petroleum Authority of Thailand (PTT) in the oil refinery project in Binh Dinh''s Nhon Hoi Economic Zone.
Work begins on southern oil refinery

Work begins on southern oil refinery

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

Work set to begin on billion-dollar refinery

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

Billion-dollar projects in central coastal provinces

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.
US firm to help build Vung Ro resort

US firm to help build Vung Ro resort

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.
Banking sector saw total assets rise in August

Banking sector saw total assets rise in August

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

New licence granted for refinery investment

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

Phu Yen Province vows space for new refinery

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

Oil refinery to lift capital investment

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

Planned oil refinery capacity increased

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.