VietNamNet Bridge – Of 12 projects, six projects were implemented under EPC contracts (engineering, procurement and construction), and most of the contracts were signed with Chinese contractors.

The Ministry of Industry & Trade (MOIT) and relevant ministries have released 120 documents on the settlement of problems in 12 huge unprofitable projects. However, the effects remain unclear.

Bui Quang Binh from Da Nang University commented that releasing legal documents was only one step in implementing state management. In order to bring the instructions into implementation, there must be other control and supervision mechanisms. Tiếp tục đọc “12 multi-trillion VND projects reap little profit for state” →