#BSR #PetrochemicalRefiningVietnam #Do DucHung #Chief Accountant #DungQuat #Petrovietnam #Enterprise Finance #EnergyVietnam
On May 12, 2026, in Quang Ngai, BSR held a ceremony to announce and award the decision to assign the position of Chief Accountant and Head of Finance and Accounting Department to Mr. Do Duc Hung.
This appointment takes place in the context that the enterprise has just officially changed its name from Binh Son Refining and Petrochemical Joint Stock Company to Joint Stock Company - Vietnam Refining and Petrochemical Corporation, marking a new stage of development with a larger scale and role in the national energy ecosystem. 
Portrait of the new Chief Accountant
Before joining BSR, Mr. Do Duc Hung held the position of Chief Accountant at PetroVietnam Transportation Corporation - a leading enterprise in the field of oil and gas transportation.
He is considered a leader with many years of experience in the fields of:
1. Corporate financial management
2. Accounting and internal control
3. Risk management
4. Capital planning
5. Financial reporting standards
According to BSR's announcement, the appointment decision takes effect from May 8, 2026 with a term of 5 years. 
The role of BSR in Vietnam's economy
Petrovietnam Refining and Petrochemical Corporation is the unit that manages and operates Dung Quat Oil Refinery - Vietnam's first oil refinery.
Outstanding indicators
* ️ Total investment capital is about 3 billion USD
* ⛽ Meets about 30% of gasoline demandu in the country
* Design capacity is about 6.5 million tons of crude oil/year
* Charter capital is more than 50,072 billion VND
* Revenue in the first quarter of 2026 reached over 45,900 billion VND

Strategic significance of the appointment
The appointment of Mr. Do Duc Hung has many important meanings:
1. Strengthen financial management capacity
BSR is entering a phase of expanding investment, upgrading technology and diversifying petrochemical products.
2. Standardize the control system
Chief accountant plays a key role in controlling cash flow and optimizing capital efficiency.
3. Support the strategy of upgrading to a Corporation
A strong financial structure is the foundation for BSR to develop into a leading refinery and petrochemical corporation in the region.
4. Create confidence for shareholders
The stock market appreciates personnel changes associated with deep expertise and practical experience.
BSR financial outlook
In context:
* World oil prices fluctuate strongly
* Restructured energy supply chain
* Domestic petroleum demand continues to increase
* The trend of shifting to petrochemicals and clean fuels
BSR needs a highly capable finance team to:
* Manage tens of trillions of VND in revenue
* Control raw material costs
* Ensure investment efficiency
* Optimize profits for shareholders
BSR – From Binh Son to Vietnam Refining and Petrochemical Corporation
The change of business name and appointment of senior personnel shows that BSR is repositioning its strategy:
* From the refinery operator
* Become a leading national petrochemical refinery enterprise
* Towards a modern energy and petrochemical centerSummary
The event of Mr. Do Duc Hung taking on the position of Chief Accountant and Head of the Finance and Accounting Department is an important step in the process of professionalizing and expanding the scale of Petrovietnam Refining and Petrochemical Corporation.
This is not just a simple personnel change, but also a signal that BSR is strengthening its financial management foundation to be ready for a new growth period, enhancing its role in ensuring national energy security.
