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VietNamNews

Ministry seeks to scrap group model

Update: September, 22/2012 - 09:24

HA NOI (VNS) — The Ministry of Construction has proposed scrapping the group model at the Viet Nam Industrial and Construction Group and the Viet Nam Housing and Urban Development Group after two years of inefficient operation under the pilot model.

Working in this model, the two groups experienced weaknesses in production, business and management of capital and workers.

When applying the model, the State expected the two groups to develop strong trade marks in the housing, infrastructure, construction and building materials sectors.-VNS

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