Word embeddings that can capture semantic and syntactic information from contexts have been extensively used for various natural language processing tasks. However, existing methods for learning contextbased word embeddings typically fail to capture sufficient sentiment information. This may result in words with similar vector representations having an opposite sentiment polarity (e.g., good and bad), thus degrading sentiment analysis performance. Therefore, this study proposes a word vector refinement model that can be applied to any pre-trained word vectors (e.g., Word2vec and GloVe). The refinement model is based on adjusting the vector representations of words such that they can be closer to both semantically and sentimentally similar words and further away from sentimentally dissimilar words. Experimental results show that the proposed method can improve conventional word embeddings and outperform previously proposed sentiment embeddings for both binary and fine-grained classification on Stanford Sentiment Treebank (SST).