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non-core business
Update news non-core business
State-owned conglomerates regret investments in non-core business fields
VietNamNet Bridge – State owned conglomerates have cited a lot of reasons to delay the process of withdrawing capital from the projects in other business fields-- which bring fat profits to them.
PetroVietnam has nearly $300 million stuck in non-core business
The Deputy Director of the Vietnam Oil and Gas Group (PetroVietnam) has said the group’s total investment in non-core fields is about VND5.8 trillion, mainly in banking and finance, insurance and real estate fields.
