HANOI — Vietnam’s largest oil refinery has been unable to generate a net profit in any year it has been in operation since 2018, despite running at full capacity.
Japanese oil major Idemitsu Kosan is a major shareholder in Nghi Son Refinery and Petrochemical (NSRP), the joint venture that operates the facility. NSRP is led by General Director Kazutaka Yamato, a veteran of Idemitsu.
