Ho Chi Minh City industrial production to maintain recovery momentum
May 28, 2021 | 09:25
Efforts to fight against the COVID-19 pandemic and maintain production is expected to keep industrial production in Ho Chi Minh City on the rise.
Fate of five of 12 loss-making projects uncertain with EPC contractors out of reach
May 23, 2020 | 20:15
The fate of five of the 12 notorious loss-making projects remain uncertain because the Chinese contractors cannot be taken to court.
Government advances $97 million to pay debt for Phuong Nam Pulp Mill
May 27, 2019 | 16:39
Vinapco and the MoIT have been unable to sell Phuong Nam Pulp Mill to repay the government loans they received to pay off banks.
Phu Tho ethanol may go bankrupt
October 31, 2018 | 15:24
Minister of Industry and Trade Tran Tuan Anh was questioned over the 12 notorious loss-making projects at the National Assembly’s cabinet hearing on October 30.
Fate of numerous loss-making projects remains uncertain
September 26, 2018 | 08:19
While some of the 12 loss-making projects have managed to turn around, some of them are still wallowing in difficulties.
Eight of the 12 loss-making projects have disputes over EPC contracts
June 11, 2018 | 16:00
Eight of Vietnam's 12 notorious loss-making projects are held up by disputes over EPC contracts, with four being a disputes with Chinese contractors.
Three loss-making projects request capital to resume operations
March 03, 2018 | 17:09
Two steel projects and the Dinh Vu polyester plant, three of the 12 loss-making industrial projects managed by the Ministry of Industry and Trade, require capital to maintain operations and resume construction.
Ninh Binh nitronegous fertiliser plant resumes operations in massive debt
February 28, 2018 | 17:00
Despite resuming operations, Ninh Binh Nitronegous Fertiliser Plant struggles to stay on the surface in the long run due to lack of capital and massive debts.
12 billion-dong loss-making projects looking at brighter prospects
February 28, 2018 | 12:24
Dinh Vu Polyester Plant (PVTex) resuming operations at its factory and PetroVietnam’s restarting of its group of biofuel factories are just two of many positive developments at the loss-making projects run by the Ministry of Industry and Trade (MoIT).
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