Vietnam’s PM steps in to save indebted ethanol plant

January 30, 2013 |

In Vietnam, the Prime Minister has swept in to save the Dai Tan ethanol plant in the central province of Quang Nam to save it from downing in debt. It currently has debts of around $5 million and has sought an investor to take 70% of the company, who is in the process of restructuring it. The PM has directed the Ministry of Industry and Trade and the State Bank of Vietnam to help the company alleviate its debt problems.

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Category: Policy

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