Sunday, July 22, 2018 - 12:14:12

land clearance

Huge cost hikes at Hai Phong city’s projects

Business

Huge cost hikes at Hai Phong city’s projects

Most construction projects in the northern port city of Hải Phòng are running well above their initial cost estimates, with the cost hikes in some cases reaching thousands of billions of VND, according to a recent inspection by the Government Inspectorate.

Paper project’s licence revoked after delays

Business

Paper project’s licence revoked after delays

The central province of Quang Ngai has revoked the investment licence of the Tan Mai pulp and paper production plant due to delayed construction and operation and incomplete land-use certificate procedures as well as poor finance.