Art event ‘Southern Soul’
We are having our 10th year anniversary of Vietnam Art House (VAH) this summer at our gallery in The Hague. The theme of this event is ‘Southern Soul’. We are focusing on the art solo-exhibition of acclaimed artist Nguyen Thanh Binh.
THE ART JOURNEY
'Powerful art that speaks to the experience and aspirations of both the artists and Vietnam' is one of the dozens comments of our guests during the opening of 'The Art Journey' on 3rd Feb 2019 at Vietnam Art House.
AETIN TRADE MISSION, OCTOBER 2015
The AETIN trade mission to Vietnam from 24 – 28 October 2015 has participated in different activities and fulfilled their mission successfully with the representatives from 6 member companies
Vietnam Art House Gallery
2Do is proud to present Vietnamese Contemporay Art in EU
AETIN AT VOG EXHIBITION 2015
The Holland Pavilion with the participation of ten AETIN members and Shell Vietnam has made good impression for exhibitors and visitors.
NED-DECK MARINE
One in many success stories of our clients
Foreign heavyweights enter race for BSR
The race to become strategic partner to Binh Son Refinery and Petrochemical Co., Ltd. (BSR), the operator of Vietnam’s first oil refinery Dung Quat, has become hotter as heavyweights are gradually expressing interest.
According to newswire Vnexpress, Tran Ngoc Nguyen, general director of BSR, said that after announcing its intention to find strategic partners, BSR has received replies from 17 investment funds and five large-scale groups.
BSR has worked with two of the interested investors, namely World Petro from the US and Macron Petro Petroleum from Africa, which expressed interest in buying the entire 49 per cent stake offered.
Notably, Macron Petro Petroleum wants to join the refinery with a holding rate between 10-40 per cent. Regarding World Petro, the group has ambitions to own up to 49 per cent in the refinery.
Previously, at the signing ceremony of a co-operation agreement between Petrolimex and BSR on August 10, Petrolimex chairman Bui Ngoc Bao announced that Petrolimex had plans to entire offered stake to become the strategic partner of BSR.
Along with above heavyweights, Russia’s top energy firms, Rosneft and Gazprom Neft, Thailand’s PTT, and Kuwait Petroleum Corp. submitted bids for this minority stake in the Vietnamese refinery.
However, up till now, BSR has yet to picked strategic shareholders.
BSR is an affiliate of Vietnam's oil and gas group PetroVietnam, which is directly in charge of the management and operation of Dung Quat Refinery. The refinery was built to serve the localisation of petrochemical products supply. It was inaugurated in 2011 with total investment of $3.05 billion and is currently able to satisfy 30 per cent of domestic petroleum demand.
In the first nine months of this year, BSR reported a revenue of VND55 trillion ($2.4 billion), up 125 per cent compared to the initial plans. The return on equity was 16.09 per cent, up 12.43 per cent on-year.
Source: VIR
