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unprofitable projects
Update news unprofitable projects
Multi-billion VND shipbuilding projects stop operations
Who is to blame for the unprofitable shipbuilding projects which have had to stop operation?
Industry Ministry’s unprofitable projects revived thanks to outsourcing jobs
Some unprofitable projects under the management of the Ministry of Industry and Trade (MOIT), called ‘trillion-dong zombies’, have begun making money.
Many guaranteed projects may go bankrupt
The Ministry of Finance (MOF) in 2018 granted government guarantee to two power projects developed by EVN and PetroVietnam (PVN) with the total value of $1.6 billion.
PetroVietnam faces unprofitable oil projects overseas
The national oil and gas group PetroVietnam is taking necessary steps to recover the investment capital in unprofitable projects overseas, estimated at $800 million.
Trade and Industry Ministry urged to sell unprofitable projects
Experts believe that unprofitable projects invested by enterprises under the Ministry of Industry and Trade’s (MOIT) management should be sold even at a loss.
Banks struggle to collect bad debts from 12 unprofitable super-projects
By the end of June 2018, the total loans provided to 12 unprofitable enterprises under the management of the Ministry of Industry and Trade (MOIT) had reached VND20.934 trillion.
