The Thanh Hoa-based Nghi Son Refinery is scheduled to produce its first batch of commercial products in May, as announced on February 28.
Nghi Son oil refinery complex
After five years of construction, Vietnam’s second oil refinery is
now ready to commence operations and will begin to receive crude oil for
refinement.
Once operational, the facility will help to ensure Vietnam’s
energy security and contribute VND10 trillion (US$440 million) to the budget of
the north central province, the management estimated.
Turki Alajmi, general director of the refinery complex, said that
this project is of strategic importance as it will meet Vietnam’s
growing demand for refined oil products which are necessary for its
industrialisation drive.
Construction of the complex commenced in 2013 with total capital
of over US$9 billion.
The project is jointly invested in by four contractors, namely
PVN, Kuwait Petroleum International, Idemitsu Kosan and Mitsui Chemicals, which
hold 25.1%, 35.1%, 35.1% and 4.7% respectively.
The facility has an annual capacity of producing 10 million tonnes
of refined oil products.
Source: NDO
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
