Deal #3374

"The latest report on the project shows that, at present, it is being implemented under Option 1 (temporarily suspending the Plant and reopening it when convenient). However, in fact, the equity was negative; The more time goes on, the more accumulated losses, bank debt, and negative equity will increase. The Government's assessment said that the implementation under Option 2 (financial leasing - sale of assets) has not been implemented because there are no interested partners, while the implementation under Option 3 (initiation) operation, re-operating the Plant and selling/divesting PVOil's capital) is also difficult, PVOil has worked with many partners to divest but to no avail." See: https://baodautu.vn/nha-may-nhien-lieu-sinh-hoc-binh-phuoc-lo-luy-ke-1450-ty-dong-d122891.html