A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

Australian firm to lend Vietnam refinery US$720 million for upgrade

S&P Global is reporting that Australia’s Acuity Funding is set to lend US$720 million to Nam Song Hau Oil and Gas Investment Trading, for an upgrade. Of note, this is the second big announcement of funding in Vietnam-based projects from Acuity Funding in the last six months. In September it was reported the fund was committed to providing US$450 million in two cemetery projects in Ba Ria – Vung Tau and Vinh Long provinces.

Note that Acuity Funding appears to be a finance brokerage not necessarily the source of funds in and of itself. 

Latest news...

Get Vietnam news sent straight to your inbox

advertising enquiry