Business

MoIT forms steering committee to solve ineffective projects

The Ministry of Industry and Trade (MoIT) has formed a Steering Committee to tackle problems of a number of projects and enterprises showing ineffectiveness and lagging behind.
MoIT forms steering committee to solve ineffective projects ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – The Ministry of Industry and Trade(MoIT) has formed a Steering Committee to tackle problems of a number ofprojects and enterprises showing ineffectiveness and lagging behind.

The ministry has also assigned the Department of Planning tocoordinate with other units of the ministry to make a report on 12 projects andsubmit it to leaders of the ministry before February 10.

At a recent working session with leaders of the SteeringCommittee, MoIT Deputy Minister Hoang Quoc Vuong has requested groups andcorporations to review their orientations to deal with their difficulties topropose most feasible measures, focusing on financial, monetary policies andmarket solutions as well as business governance mechanism.

Vuong also asked the groups and corporations to clarify theresponsibility of individuals and collectives to the ineffective projects andreport the results to the ministry within this month.

According to the ministry, financial reports should be madewith clear content for each project, detailing current problems anddifficulties, solutions as well as basis for those solutions, along with proposals.The reports must be attached with reports of the groups and corporation on 12projects.-VNA
VNA
#Ministry of Industry and Trade #financial reports #Steering Committee #Hoang Quoc Vuong
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