Vietnam intensifies scrutiny of construction equitisation

Vietnam intensifies scrutiny of construction equitisation

The Vietnamese government is urging state-owned construction groups and associated regulatory authorities to stringently enforce audit conclusion 1229, aimed at rectifying potential transgressions in the equitisation process and prevention of state asset
Licogi cannot cover debts with tiny profit

Licogi cannot cover debts with tiny profit

Construction giant Licogi earned little after-tax profit in recent years, which cannot cover the instalment payments of its half a trillion dong debts.