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August 25, 2022 | 06:40

Construction debts becoming critical

Phan Nam

According to the Vietnam Association of Construction Contractors (VACC), all construction enterprises, from small to large, have debt backlogs. Many have debts of more than VND1 trillion ($42 million) and are facing bankruptcy.

Construction debts becoming critical
Photo: Illustration

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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