Page 3 - Son Refining News Today

Deputy Prime Minister Tran Hong Ha signed Decision No.482/QD-TTg on May 5 approving the investment planning to upgrade Dung Quat Oil Refinery located in the central province of Quang Ngai to increase output.

The Malaysian group PETMAL Oil Holdings Sdn Bhd has proposed a plan to develop an oil refinery worth $2 billion in the Southern Phu Yen Economic Zone.

Retail sales of goods, services up 20% in January

Petrolimex, the petroleum distributor for the domestic retail market, has adjusted its profit target to one-tenth of its original forecasts.

Vietnam targets exporting fruits worth over 5 billion USD by 2025 and roughly 6.5 billion USD by 2030, according to a project recently approved by the Vietnamese Ministry of Agriculture and Rural Development (MARD), reported Vietnam News Agency.

Despite a likely deficit this year, the state budget picture is expected to enjoy wider-than-expected takings this year thanks to increases in revenue of almost all sectors in the economy.

The Government Inspectorate has launched an investigation into 15 gasoline suppliers and two refinery operators with a focus on their operations in the past 4.5 years. - VnExpress International

On October 13, the Government Inspectorate of Vietnam established a delegation to inspect 15 key petroleum and gasoline trading facilities and two oil refineries

Typhoon Noru made landfall in Vietnam early Wednesday morning, knocking out power for more than 500,000 households and causing flooding and property

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