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Ministry of Construction removes difficulties for cement business

15:07 | 12/12/2021

(Construction) - The delegation of the Ministry of Construction led by Deputy Minister Bui Hong Minh had a working session with the Vietnam Cement Corporation (VICEM).

Ministry of Construction removes difficulties for cement business
Deputy Minister Bui Hong Minh speaking at the meeting.

Deputy Minister Bui Hong Minh affirmed that VICEM has contributed to the development of the country in general and the building materials industry in particular. In the coming time, VICEM should continue to make more efforts.

Deputy Minister noted that in the development of 5-year plan, VICEM should pay attention to choose the state capital ratio from 51% to 65%, from there, develop 2 - 3 different scenarios and continue to strengthen its capacity.

VICEM should review the restructure project. The Ministry of Construction agreed to allow VICEM to increase its charter capital, however, it should built a clear plan. For institutional shortcomings, VICEM should pay attention to the proposed authority. The Ministry of Construction will actively remove difficulties with businesses.

By Khanh Phuong

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