Projects post $1.13 billion in losses The Government’s report to National Assembly’s deputies has released updates about the 12 loss-making projects.

Three MoIT projects to be removed from loss-making list

Progress has been reported in three of 12 loss-making projects under the management of the Ministry of Industry and Trade (MOIT) more than a year after the Government’s steering committee on loss-making projects implemented comprehensive solutions.

Rescue failed MoIT projects makes little progress

Three years after the implementation of a government directive aimed at salvaging 12 failed business projects under the Ministry of Industry and Trade (MoIT), little progress had been made and the majority were still losing money, according to a recent Government report supplied to the National Assembly. 

Local firms need to study trade remedies for suitable business strategies

Minister of Industry and Trade Trần Tuấn Anh told Vietnam News Agency about this issue as well outlining solutions to ensure the best interests for the local businesses in dealing with trade remedies on export markets or using those tools on local market.

NA kicks off cabinet hearing

Ministers faced a great deal of questions on Tuesday as the National Assembly opened its first day of cabinet hearing.

Households in Lào Cai to receive compensation after waste pond spill

The People’s Committee in the northern province of Lào Cai has approved a decision to compensate households that were affected when a wastewater pond burst its banks recently.

Two plants praised for improvements

The Ministry of Industry and Trade (MoIT) proposed removing two plants from the list of 12 enterprises punished for low effectiveness and progress.

Accountability sought in Lào Cai fertiliser factory waste spillover incident

The northern province’s authorities are urging local police to expedite their investigation into a waste pond failure incident a week ago at a fertiliser factory in the province.

Waste pond incident contained: Lào Cai authorities

A waste pond connected to a DAP fertiliser factory in the northern province was compromised late last week and over 45,000 cu.m of mud and untreated chemical-filled wastewater flooded nearby neighbourhoods following torrential rain.

Gov’t funds won’t rescue loss-making projects

The Government would not use public funds to rescue 12 loss-making projects under the jurisdiction of the Ministry of Industry and Trade (MoIT), Deputy Prime Minister Vương Đình Huệ said.