International cooperation organisation Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH has agreed with Bình Sơn Refining and Petrochemical Joint Stock Company (BSR) to collaborate on developing a power‑to‑liquid pilot project in Việt Nam.
The company suffered a loss of VND4.25 trillion in the first half of the year while it enjoyed a post-tax profit of VND704 billion in the same period in 2019.
Viet Nam’s largest refining and petrochemical firm, Binh Son Refining and Petrochemical JSC (BSR), asked for tax exemptions to overcome current and future difficulties in the oil industry.