Khanh Hoa to welcome new oil refinery project

 Korea's Daelim Industrial Co Ltd planned to co-operate with the Viet Nam National Petrolimex Group to start construction on the Nam Van Phong Oil Refinery Project in the southern province of Khanh Hoa in August or September, according to the management board of the Van Phong Economic Zone.

Dealim and Petrolimex signed a memorandum of understanding in October last year to co-invest in the US$ 3 billion project.

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