#BSR #DungQuat #Petrovietnam #LocHoaDau #NangLuongQuocGia #QuangNgai #ChuyenDoiXanh #SAF #Hydrogen #CCUS #VN30
If Dung Quat Oil Refinery had never been built, could Quang Ngai today become the leading energy industry center in the Central region and would Vietnam have enough capacity to ensure national energy security?
On the occasion of the 18th anniversary of its establishment and the 29th anniversary of Traditional Day, Vietnam Refining and Petrochemical Corporation BSR organized a meeting program to express gratitude to generations of leaders, retired officers and those who laid the foundation for the birth of Dung Quat Oil Refinery.
This is not simply a traditional meeting but also an opportunity to look back at one of the most influential industrial projects in the history of Vietnam's economic development.
From a white sand area along the coast of Quang Ngai, Dung Quat has become the country's first petrochemical refining center, contributing to changing the face of the local economy and enhancing the position of Vietnam's energy industry on the regional map.
The numbers show the true scale of BSR
Result Indicators
Operating time: Nearly 18 years
Total product output More than 108.6 million tons
Total accumulated revenue More than 1.92 million billion VND
Budget contribution More than 262.7 trillion VND
Current contribution rate to Vietnam's GDP is about 1.1%
Benefiting from innovation 2020-2026 VND 1,941 billion
These numbers show that BSR is not just an oil refining enterprise but has become one of the world's largest oil refineriesg important growth engine of Vietnam's economy.
Business results in the first 5 months of 2026 made a strong impression
Performance Targets
Production output is 3.4 million tons
Plan completion 112%
Revenue 80.3 trillion VND
Completed revenue plan 126%
In the context of the global oil and gas market fluctuating strongly due to geopolitical tensions and energy transition pressures, exceeding production and revenue plans shows the very high management, operational and adaptive capacity of the enterprise.
BSR is no longer just an oil refining business
What attracts many experts' attention is not output or revenue but BSR's new direction.
Successfully researched SAF sustainable aviation fuel
Development of sustainable marine fuel SMFO
Production of biofuel E10 RON95
Promote Green Hydrogen
Developing CCUS carbon capture and storage technology
Promote digital transformation and smart factory models
These are all areas that are being heavily invested in by major energy corporations in the world such as Shell, BP and TotalEnergies to adapt to the global emission reduction trend.
How Dung Quat changed Quang Ngai
Before Dung Quat After Dung Quat
The main economy is agriculture. Energy industry center
Limited infrastructure Modern industrial ecosystem
Low FDI attraction Attracts many large projects
Limited high-quality jobs Tens of thousands of technical workers
According to many generations of leaders of Quang Ngai province, the appearance of Dung Quat has become a historical turning point to help the provinceHuong transformed strongly from a purely agricultural province into a key industrial center in the Central region.
The biggest turning point in 2026
The year 2026 marks a special milestone when BSR officially operates under the name Vietnam Refining and Petrochemical Corporation.
At the same time
BSR shares join the VN30 basket
Brand value exceeds 200 million USD
Expanding growth space to petrochemicals and green energy
Development orientation according to international standards
This shows that BSR is shifting from a traditional oil refinery model to an integrated energy-petrochemical group with regional competitiveness.
Strategic perspective
Many people used to think that Dung Quat was just a single industrial project.
But after nearly 30 years of looking back, this project has created
✔ National energy security
✔ Driving force for economic development in Quang Ngai
✔ Platform for Vietnam's refining and petrochemical industry
✔ Large-scale supporting industrial ecosystem
✔ Launch pad for future green energy technologies
From a white sand coastal area, BSR has become a symbol of Vietnam's aspirations for industrialization. The journey "Energy supply - Aspiration to reach out" is no longer a slogan but is being realized with very specific numbers, technology and achievements.
#BSR #DungQuat #Petrovietnam #NangLuongQuocGia #LocHoaDau #QuangNgai #CongNghiepVietNam #AnNinhNangLuong #Hydrogen #SAF #CCUS #VN30 #KinhTeVietNam #ChuyenDoiXanh #NangLuongTuongLai
