State-owned corporations ask for preferences, againVietNamNet Bridge - The government has set up a steering committee to deal with state-owned enterprises’ (SOEs) unprofitable multi-billion dong projects. The projects will be dealt with market rules instead of preferences. The government has set up a steering committee to deal with state-owned enterprises’ (SOEs) unprofitable multi-billion dong projects. The miner mixes import coal with its coal for sale, or sells the import coal for profit. Since coal is now cheap in the world market, electricity plants and steel mills tend to import coal instead of buying coal from Vinacomin.

Source: VietNamNet News February 03, 2017 01:07 UTC