Hanoi (VNA) The outstanding loans of 12 inefficient projects under the Ministry of Industry and Trade totalled nearly 21 trillion VND (892.7 million USD) as of the end of 2019, most were overdue, according to the Government report to the National Assembly. The report said that the task of handling of these loss making projects was around two thirds finished in the 2017 2019 period but the remaining task was the most difficult, as problems were in settling disputes and finalising engineering, procurement and construction (EPC) contracts, debt restructuring and developing capital divestment plans. There were some improvements since the handling effort was started in 2017 under Project 1468.

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