The Dung Quat Oil Refinery (BSR) in the central province of Quang Ngai, the first oil refinery in the country, has been recognised among the top ten eco-friendly factories in Vietnam this year.
Dung Quat
listed among top 10 green plants in 2018. (Photo: PVN)
The accreditation came from the Vietnam Association for
Environmental Economics (VIASEE) under the Ministry of Natural Resources and
Environment.
The VIASEE listed a range of the plant’s products, including unleaded E5 RON 92
and RON 95 petrol.
E5 RON 92 consists of five percent ethanol and 95 percent petrol. The fuel is
used in many countries as it helps protect the environment and ensure energy
security and sustainable development. In Vietnam, two kinds of petrol are sold:
E5 bio-fuel and RON 95.
The Binh Son Oil Refinery and Petrochemical JSC (BSR), which runs the plant,
has prioritised investments in waste treatment technologies, including the use
of chemicals and microorganisms, meeting environmental sanitation requirements.
This was the second year in a row the BSR had won the VIASEE green title.
The company, a subsidiary of the Vietnam Oil and Gas Group, reported pre-tax
profits of 1.3 trillion VND (57.1 million USD) in the first quarter of 2018, up
46 percent compared to the quarterly target.
Source: VNA
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
.jpg)
.jpg)
