Wednesday, April 24, 2019 - 11:47:36

unprofitable projects

PetroVietnam cracking down on losses

Business

PetroVietnam cracking down on losses

The Vietnam National Oil and Gas Group (PetroVietnam) has decided to form teams to handle its loss-making projects since the snail-pace progress of the process has displeased the Government.

Deputy PM orders handling of loss-making projects

Business

Deputy PM orders handling of loss-making projects

Deputy Prime Minister Vuong Dinh Hue has ordered responsible ministries and enterprises to resolutely handle prolonged loss-making projects in line with market mechanisms while reaffirming that the State would not pump money into inefficient projects.