Government advances $97 million to pay debt for Phuong Nam Pulp Mill

Government advances $97 million to pay debt for Phuong Nam Pulp Mill

Vinapco and the MoIT have been unable to sell Phuong Nam Pulp Mill to repay the government loans they received to pay off banks.
Vinapaco restructuring stuck in limbo

Vinapaco restructuring stuck in limbo

Vinapaco's restructuring project is falling way behind of schedule due to failed divestments.
Vinapaco seeks extended discount incentives for Phuong Nam pulp mill

Vinapaco seeks extended discount incentives for Phuong Nam pulp mill

Vietnam Paper Corporation (Vinapaco) seeks approval to apply a 10 per cent discount at any number of auctions on Phuong Nam pulp mill to be able to sell it.
12 loss-making projects fall deeper into debts

12 loss-making projects fall deeper into debts

The 12 notorious loss-making projects fell $150.8 million further into debts throughout the past year.