The central province of Thua Thien-Hue has issued a decision to end the operation of 12 stagnant projects. Nine have been revoked and three put under special supervision.
The People’s Committee in central Quang Ngai Province has assigned the provincial Department of Planning and Investment to revoke the investment certificate of Tan Mai Pulp and Paper Factory.
Bac Giang City is currently home to 250 projects including 29 foreign-invested with a combined investment capital of more than $1 billion, the department’s statistic revealed.
The Ministry of Transport has revoked the air transport licence of Air
Mekong as the private airline has failed to submit a plan for
restructuring its business, Tuoitre.vn reported.
Viet Nam Multimedia Corp (VTC) will have its virtual mobile network
licence revoked after failing to provide a service within the scheduled
time limit, according to the Ministry of Information and Communication.
Southern Ben Tre Province''s investment promotion centre said it had revoked the investment certificates of four enterprises as they didn''t implement projects within a year after receiving licences.
Southern Dong Nai Province proposed to the provincial People''s Committee
to revoke licences of 39 property projects, worth totally US$2.1
billion, due to the stagnant implementation.
