- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news Loss-making projects
The State will not pump more money into 12 failing mega-projects under the management of the Ministry of Industry and Trade (MoIT), said Deputy PM Truong Hoa Binh in a recent meeting with high-ranking officials in Hanoi.
Deputy Prime Minister Vuong Dinh Hue agrees 12 loss-making State-funded enterprises may bring their conflicts with contractors to arbitrators if those conflicts are not resolved by the end of this year.
The Ministry of Industry and Trade on Tuesday handed over 11 out of 12 loss-making projects to the Committee for Management of State Capital at Enterprises (CMSC).