Gov’t funds won’t rescue loss-making projectsThe Government will not use public funds to rescue 12 loss-making projects under the jurisdiction of the Ministry of Industry and Trade (MoIT), Deputy Prime Minister Vuong Dinh Hue said. “Thanks to the efforts from the Vietnam National Oil and Gas Group (PetroVietnam) and projects of the Vietnam National Chemical Group (Vinachem), like DAP Dinh Vu, they’ve started to report profit. At the same time, a number of projects have resumed operation after long periods of delay and suspension. Currently, PVTex’s partners expected that the Government committed to ensuring their rights in the co-operation process, applying technical barriers for polyester imports and ensuring a stable electricity source at Dinh Vu Industrial Zone. He said Vinachem’s DAP Dinh Vu Plant had profits of VNĐ16 billion in 2017 and 66 billion VND in the first two months of the year.