The continued BB+/Stable rating comes as BSR is undertaking a major investment project and could support the company''s access to financing for its expansion plans, according to the company.
This marked an important step for BSR in its journey to expand its export market in Southeast Asia, contributing to the sustainable development and international integration goals of Petrovietnam.
Since 2012, BSR has cooperated with the Ministry of National Defence to develop fuel. Most fuels for defence equipment had previously been imported from abroad.